Question: Instructions for problem 2 a . Use the table below to classify each transaction under the affected account and update the balance of the account.

Instructions for problem 2
a. Use the table below to classify each transaction under the affected account and update the balance of the account.
b. Prepare an income statement for August, a retained earnings statement for August, and a balance sheet as of August 31. Templates can be found on the assignments page.
 Instructions for problem 2 a. Use the table below to classify

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