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Tiger Audio declared and paid a cash dividend of $6,625 in the current year. Its comparative financial statements, prepared at December 31, reported the following
Tiger Audio declared and paid a cash dividend of $6,625 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information:
Required:
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1. Complete the two final columns shown beside each item in Tiger Audios comparative financial statements.
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2-a. Which account increased by the largest dollar amount?
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2-b. Which account increased by the largest percentage?
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