Income Statement: Prepare the income statement using the adjusted trial balance Statement of Owner's Equity: Prepare the
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Question:
- Income Statement: Prepare the income statement using the adjusted trial balance
- Statement of Owner's Equity: Prepare the statement of owner's equity using the adjusted trial balance.
- Balance Sheet Assets: Prepare the balance sheet asset entries using the adjusted trial balance.
- Balance Sheet Liabilities: Prepare the balance sheet liabilities entries using the adjusted trial balance.
- Closing Entries: Complete the "Closing Entries" tab of the company accounting workbook by closing all temporary income statement amounts to create closing entries.
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