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:
Volume
The quantity of something, measured in terms of units, such as sales volume, which refers to the number of units sold within a particular period.
Research Design
A systematic plan outlining how a research project is conducted, including the methods and procedures used to collect and analyze data.
Consumer Population
The group of individuals or entities that are potential or actual buyers of products and services in a given market.
Contextual Factors
Various external elements that can influence the performance or outcomes of a process, strategy, or system, such as economic, social, or technological environments.
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