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The account balances and income statement of Williams Towing Service at June 30, 2024, follow: (Click the icon to view the account balances.) Requirements

The account balances and income statement of Williams Towing Service at June 30, 2024, follow: (Click the icon to view the account balances.) Requirements (Click the icon to view the income statement for the month.) 1. Prepare the statement of retained earnings for Williams Towing Service for the month ending June 30, 2024. 2. What does the statement of retained earnings report?

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