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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 61
Preparing financial statements from the trial balance
Link Back to Chapter 1 ( Income Statement, Statement of Retained Earnings, Balance Sheet ). Refer to Problem 2-29A. After completing the trial balance in Problem 2-29'A, prepare the following financial statements for Vernon Yung, M.D., PC:
Requirements
1. Income statement for the month ended July 31, 2012.
2. Statement of retained earnings for the month ended July 31, 2012. The beginning balance of retained earnings was $0.
3. Balance sheet at July 31, 2012.
Link Back to Chapter 1 ( Income Statement, Statement of Retained Earnings, Balance Sheet ). Refer to Problem 2-29A. After completing the trial balance in Problem 2-29'A, prepare the following financial statements for Vernon Yung, M.D., PC:
Requirements
1. Income statement for the month ended July 31, 2012.
2. Statement of retained earnings for the month ended July 31, 2012. The beginning balance of retained earnings was $0.
3. Balance sheet at July 31, 2012.
Explanation
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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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