The 2012 year-end adjusted balances taken from the general ledger of Cooperstown Services, Inc. are listed
below in general ledger order.Transfer these accounts and balances to a spreadsheet worksheet and prepare
an income statement, a classified balance sheet, and a statement of retained earnings, all in good form using
proper headings for each statement. Note that Cooperstown is a service company so there is no cost of goods
sold in its chart of accounts. Also, assume that all the liabilities are current liabilities. Keep in mind that you
should not report any accounts without balances in your statements.
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