Question

The adjusted trial balance of A Plus Events Piano Tuning Service at fiscal year end October 31, 2012, follows.


Requirements
1. Prepare A Plus’s 2012 income statement.
2. Prepare the statement of owner’s equity 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 financialposition?


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  • CreatedMarch 22, 2012
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