Question: Prepare the ( a ) income statement, ( b ) statement of retained earnings, and ( c ) balance sheet for Accel using the following

 Prepare the (a) income statement, (b) statement of retained earnings, and

Prepare the (a) income statement, (b) statement of retained earnings, and (c) balance sheet for Accel using the following information from its current year ended December 31.
\table[[Cash,$17,000
(c) balance sheet for Accel using the following information from its current

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