Question: Based on the information you have, prepare the adjusting journal entries, an adjusted trial balance, the statement of earnings ( income statement ) , statement
Based on the information you have, prepare the adjusting journal entries, an adjusted trial balance, the
statement of earnings income statement statement of financial position balance sheet and statement of
retained earnings. After you have completed the statements, prepare the closing journal entries and the postclosing trial balance. Ensure you show all of your work and prepare proper journal entries and properly
formatted financial statements.
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