Question: Required information P 5 - 4 ( Algo ) Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO 5 -
Required information
PAlgo Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO
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Jordan Sales Company organized as a corporation on April has completed the accounting cycle for the second year, ended March Jordan also has completed a correct trial balance as follows: P Part a
Required:
Complete the financial statements as follows:
a Complete the classified multiplestep income statement for the reporting year ended March Include income tax expense, assuming a percent tax rate.
Note: Round your "Earnings per share" to decimal places.
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