Mackenzie Inc. uses a perpetual inventory system and has prepared the following adjusted trial balance on December
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Required:
Prepare in proper form for 2016 the companys:
(1) Income statement,
(2) Retained earnings statement,
(3) Ending balance sheet, and
(4) Closing entries in its general journal.
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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