Question: Practice Problem: Financial Statements Using the information below from the adjusted trial balance for the Neary Retail Corporation, prepare the company's Income Statement, Retained Earnings

trial balance for the Neary Retail Corporation, prepare the company's Income Statement,

Practice Problem: Financial Statements Using the information below from the adjusted trial balance for the Neary Retail Corporation, prepare the company's Income Statement, Retained Earnings Statement and Balance Sheet for their 2008 calendar year. * Sales S. 27,000 11,00038 8,000 30,000 17,000 arketable Scurities 30 000 10,000 9,000referred COGS Stock S5 Stated 46,000 Salaries Expensee 4,000 5,000 or Unco Accounts 100,000 INCOME STATEMENT TATE MENT OF RETAINED EARNINGS BALANCE SHEET

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