Question: create a income statement and retained earnings statement Income statement and retained earnings statement. B2 Corporation's capital structure consists of 50,000 shares of common stock.

create a income statement and retained earnings statement

Income statement and retained earnings statement. B2 Corporation's capital structure consists of 50,000 shares of common stock. At December 31 , 2017 an analysis of the accounts and discussions with company officials revealed the following information: The amount of income taxes applicable to income was $72,900, excluding the tax effect of the discontinued operations loss which amounted to $27,000

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