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Exercise 4: These financial statement items are for Batra Corporation at year-end, December 31,
2011: Required: a. Prepare a multi-step income statement and a Retained Earnings Statement for
the year. Batra Corp. did not issue any new stock during the year. b. Prepare a classified balance
sheet at December 31,2011 .

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Exercise 4- These financial statement items are for Batra Corporation.pdf

  • 1. Exercise 4: These financial statement items are for Batra Corporation at year-end, December 31, 2011: Required: a. Prepare a multi-step income statement and a Retained Earnings Statement for the year. Batra Corp. did not issue any new stock during the year. b. Prepare a classified balance sheet at December 31,2011 .