Question

The unadjusted and adjusted trial balances for BiWay Services Co. on December 31, 2015, are shown below.
a. Journalize the five entries that adjusted the accounts at December 31, 2015. None of the accounts was affected by more than one adjusting entry.
b. Prepare an income statement, statement of owner’s equity, and balance sheet, assuming no new investment by Ken.


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  • CreatedSeptember 15, 2015
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