Question: E 4 . 1 7 ( LO 4 ) , AP These financial statement items are for Norsted Company at year - end, July 3

E4.17(LO 4), AP These financial statement items are for Norsted Company at year-end, July 31,2022.
Instructions
a. Prepare an income statement and a retained earnings statement for the year.
b. Prepare a classified balance sheet at July 31.
Use reversing entries.
E4.17(LO 4), AP These financial statement items are for Norsted Company

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