The tabular analysis of transactions for Baxter Company is presented below. 
Instructions
Prepare a retained earnings statement for August and a classified balance sheet at August 31, 2014.
Definitions:
Inferior to the Rib Cage
Located below the rib cage, referring to anatomical structures or areas.
Medial to Sternum
Located towards the midline or center of the body relative to the sternum or breastbone.
Superior to the Right Inguinal Region
Refers to an anatomical area that is located above and towards the midline from the right inguinal region, which is near the lower right side of the abdomen.
Orbital
Relating to the orbit, which is the bony cavity that contains the eye.
Q2: The economic entity assumption is that a
Q12: Transactions are entered in the ledger accounts
Q19: Debts and obligations of a business are
Q59: The cost of assets consumed or services
Q91: Presented here are five economic events. For
Q116: GAAP, compared to IFRS, tends to be
Q189: Characteristics associated with faithfully representative accounting information
Q191: On a classified balance sheet, short-term investments
Q253: The usual ordering of accounts in the
Q260: The Dividends account<br>A) appears on the income