Question: help please Preparing a Multiple-Step Income Statement with Earnings Per Share Disclosure The following amounts are taken from the accounting records of Trans Corp. at
help please


Preparing a Multiple-Step Income Statement with Earnings Per Share Disclosure The following amounts are taken from the accounting records of Trans Corp. at December 31 , its annual year-end. a. Prepare a multiple-step income statement, including tax allocation and earnings per share disclosure. Assume that service revenue is nonoperating. - Note: Use a negative sign only with arry expenses or losses in the Other revenues and (expenses) section. b. Compute the ending balance at December 31 for retained earnings by completing the following reconciliation. - Note: Do not use negative signs with any of your answers
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