Question

The following adjusted trial balance information (with accounts in alphabetical order) for Willis Tour Co. Inc. as at December 31, 2014, was made available after its second year of operations:


Required
The dividends declared by Willis in the amount of $4,500 during the year ended
December 31, 2014, were debited directly to retained earnings. Prepare an income statement (in multi-step format), and a classified balance sheet for Willis Tour Co. Inc. using the information provided. Include the appropriate presentation for earnings pershare.


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  • CreatedJanuary 08, 2015
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