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These items are taken from the accounting records of Entity Z at its December 31,2023 Instructions In good form (include headings), prepare an income statement,
These items are taken from the accounting records of Entity Z at its December 31,2023 Instructions In good form (include headings), prepare an income statement, a retained earnings statement, and a classified balance sheet as of December 31,2023 . Then compute the current ratio and the debt-to-total-assets ratios identifying which is a measure of liquidity and which is a measure of solvency. Don't forget this last part
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