Question

You have been provided with the following alphabetical list of accounts for Sudbury Ltd. for 2017. Use the information to prepare an income statement, statement of changes in equity, and statement of comprehensive income for the year ended December 31, 2017, and balance sheet as of December 31, 2017. You should be able to figure out how to treat accounts that have names unfamiliar to you by applying your understanding of the financial statements learned in thischapter.


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  • CreatedFebruary 26, 2015
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