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These items are taken from the financial statements of Pharoah Company for 2025. Prepare an income statement for the year ended December 31, 2025. (Enter
These items are taken from the financial statements of Pharoah Company for 2025. Prepare an income statement for the year ended December 31, 2025. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) Prepare a retained earnings statement for the year ended December 31. 2025. (List items that increase retained earnings first.) (a3) Prepare a classified balance sheet as of December 31, 2025. (List Current Assets in order of liquidity.) PHAROAH COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity $ $
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