Using the data from Exercises 3-1 and 3-2, prepare financial statements for May, including income statement, retained

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Using the data from Exercises 3-1 and 3-2, prepare financial statements for May, including income statement, retained earnings statement, balance sheet, and statement of cash flows.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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