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Question: Preparing financial statements Precision Pics works weddings and prom-type parties. The balance of Retained Earnings was $26,000 at December 31, 2015. At December 31, 2016, the business's accounting records show these balances:

Prepare the following financial statements for Precision Pics for the year ended December 31, 2016:

a. Income statement.

b. Statement of retained earnings.

c. Balance sheet.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92643098

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