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Saved The adjusted trial balance for Chiara Company as of December...

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Accounting

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The adjusted trial balance for Chiara Company as of December 31 follows.
Required:
Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31; (b) the statement of retained earnings for the year ended December 31[Note: Retained Earnings at December 31 of the prior year was $239,220.
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