Question: Using income statement data for Neros, prepare a December income statement dated December 3 1 If Neros pays a cash dividend to its sole stockholder

Using income statement data for Neros, prepare a December income statement dated December 31
If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements?
If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements?
Using income statement data for Neros, prepare a December income statement

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