Refer to the trial balance prepared for Kiersted Financial Services in P2-5B, part (c). Instructions (a) Prepare
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Instructions
(a) Prepare an income statement.
(b) Prepare a statement of owner's equity.
(c) Prepare a balance sheet.
TAKING IT FURTHER Discuss how well the company did in its fi rst month of operations.
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Related Book For
Accounting Principles Part 1
ISBN: 978-1118306789
6th Canadian edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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