Preparing an Income Statement, Statement of Stockholders' Equity,. and Classified Balance Sheet
Refer to E3-10.
Required:
Use the ending balances in the T-accounts in E3-10 to prepare the following:
1. An income statement for January 201 I in good form (ignore income taxes).
2. A statement of stockholders' equity for January 2011.
3. A classified balance sheet as of January 31. 2011. in good form.
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