Question: Inventory on December 3 1 , 2 0 1 9 , was $ 3 0 6 , 0 0 0 Required: a . Prepare income

Inventory on December 31,2019, was $306,000
Required:
a. Prepare income statemen.
b. What amount of retained earnings would appear on the December 31,2019 balance
sheet?
Inventory on December 31,2019, was $306,000 Required: a. Prepare income statemen.

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