Question: Instructions (a) Journalize and post the adjusting entries for the period ended December 31, 2020. (b) Prepare an adjusted trial balance. (c) Prepare an income
Instructions (a) Journalize and post the adjusting entries for the period ended December 31, 2020. (b) Prepare an adjusted trial balance. (c) Prepare an income statement and owner's equity statement for the 3 months ended December 31 and a balance sheet at December 31 . (d) Prepare the closing entries. (c) Prepare a post-closing trial balance. Instructions (a) Journalize and post the adjusting entries for the period ended December 31, 2020. (b) Prepare an adjusted trial balance. (c) Prepare an income statement and owner's equity statement for the 3 months ended December 31 and a balance sheet at December 31 . (d) Prepare the closing entries. (c) Prepare a post-closing trial balance
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