Instruction: 1 Prepare the journal entry the above transactions 2 Prepare 2018's income statement (assume the weighted-average
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Instruction: 1 Prepare the journal entry the above transactions 2 Prepare 2018's income statement (assume the weighted-average number of shares outstanding for the year 2018 is shares recorded at year end). Assume that bad debt expense and depreciation expense are administrative expenses. 3 Prepare 2018's statement of retained earnings. 4 Prepare 2018's balance sheet.
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