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QUESTION
I saw that you answered this for someone else. GeneralProducts Inc. is incorporated in Nevada, USA on Jan 1st 2013 to take over a local retail chain....
- Record the necessary journal entries for 2016
- Prepare Income Statement and Retained Earnings Statement for the year 2016
- Prepare Balance Sheet on December 31,2016
- Show full work of all the financial items reported in Income Statement and Balance Sheet. Please round your calculations closest to $. Ignore tax.
