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Accounting Assignment | Custom Assignment Help

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September 13th, 2019

FSA 2019 Midterm version Ab .For cash , use A = LIEC .$1 par , Common stock , 100, 000 shares issued and outstanding on 1 / 1 / 2019 , and10 , 000 shares are issued on 7 / 1 / 2019 .d .Assume the total effective tax rate on all items is 25% . Required :"

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1 . Prepare a multiple-step income statement for the year 2019Keep in mind that presentation is important .&quot

2. Prepare a classified balance sheet as of 12/ 31 / 2019. Keep in mind that presentation is important ."Make sure to show work for RE, AOCI, and CS

3. Determine basic earnings per share for the year 2019. Show numerator and denominator for EPS clearly .

4 . Determine comprehensive income for the year 2019.

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