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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 46
Preparing financial statements from an adjusted trial balance
The adjusted trial balance of A Plus Events Piano Tuning Service, Inc., at fiscal year end October 31, 2012, follows.
Requirements
1. Prepare A Plus's 2012 income statement.
2. Prepare the statement of retained earnings for the year.
3. Prepare the year-end balance sheet.
4. Which financial statement reports A Plus's results of operations Were 2012 operations successful Cite specifics from the financial statements to support your evaluation.
5. Which statement reports the company's financial position
The adjusted trial balance of A Plus Events Piano Tuning Service, Inc., at fiscal year end October 31, 2012, follows.
Requirements
1. Prepare A Plus's 2012 income statement.
2. Prepare the statement of retained earnings for the year.
3. Prepare the year-end balance sheet.
4. Which financial statement reports A Plus's results of operations Were 2012 operations successful Cite specifics from the financial statements to support your evaluation.
5. Which statement reports the company's financial position
Explanation
Verified
Verified
3. Prepare balance sheet:
A balance she...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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