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book Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1337498159
book Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac cover

Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac

النسخة 26الرقم المعياري الدولي: 978-1337498159
تمرين 13
Financial statements and closing entries
Lamp Light Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Lamp Light Company prepared the following end-of-period spreadsheet at December 31, 2016, the end of the fiscal year:
Financial statements and closing entries  Lamp Light Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Lamp Light Company prepared the following end-of-period spreadsheet at December 31, 2016, the end of the fiscal year:     Instructions  1. Prepare an income statement for the year ended December 31. 2. Prepare a statement of owner's equity for the year ended December 31. No additional investments were made during the year.  3. Prepare a balance sheet as of December 31.  4. Based upon the end-of-period spreadsheet, journalize the closing entries.  5. Prepare a post-closing trial balance.
Instructions
1. Prepare an income statement for the year ended December 31.
2. Prepare a statement of owner's equity for the year ended December 31. No additional investments were made during the year.
3. Prepare a balance sheet as of December 31.
4. Based upon the end-of-period spreadsheet, journalize the closing entries.
5. Prepare a post-closing trial balance.
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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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