Prepare an income statement and a statement of shareholders’ equity

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Prepare an income statement and a statement of shareholders’ equity

Prepare general journal entries to record each transaction. Omit explanations.

Post the entries to T-accounts.

Prepare an unadjusted trial balance as of December 31, 2013.

Prepare the necessary December 31, 2013, adjusting journal entries.

Post the adjusting entries to T-accounts.

Prepare an adjusted trial balance.

Prepare an income statement and a statement of shareholders’ equity for the month ended December 31, 2013, and a classified balance sheet as of December 31, 2013.

Prepare closing entries and post to the accounts.

Prepare a post-closing trial balance

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Answer preview to prepare an income statement and a statement of shareholders’ equityPrepare an income statement and a statement of shareholders’ equity

APA

423 words

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