These financial statement items are for B. Snyder Company at year-end, July 31, 2010.
![](https://www.solutioninn.com/images3/47-B-A-A-C%20(165).PNG)
Instructions
(a) Prepare an income statement and an owner's equity statement for the year. The owner did not make any new investments during the year.
(b) Prepare a classified balance sheet at July 31.