Question: The junior accountant for Josselin Ltd was asked to prepare
The junior accountant for Josselin Ltd. was asked to prepare an income statement and statement of comprehensive income for the year ended October 31, 2017. The accountant summarized the accounts he thought were necessary to prepare the statement but isn’t sure how to proceed. Use the information provided by the junior accountant to prepare the income statement and statement of comprehensive income (you can combine the statements into one or prepare two separate statements). Note that not all the information provided may be appropriate to use in the incomestatement.
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