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The adjusted trial balance for Medusa Inc. is presented below: MEDUSA INC. Adjusted Trial Balance 31-Dec-21 Cash Note: $9,800 of the bank loan payable is
The adjusted trial balance for Medusa Inc. is presented below: MEDUSA INC. Adjusted Trial Balance 31-Dec-21 Cash Note: $9,800 of the bank loan payable is due to be paid in the next year. Required: Prepare a good form Classified Statement of Financial Position, multiple-step Statement of Income, and Statement of Retained Earnings in proper order. Show all necessary calculations
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