Question: QS 3 - 1 9 ( Algo ) Preparing financial statements LO P 5 The adjusted trial balance for Happ Company follows. a . Use

QS 3-19(Algo) Preparing financial statements LO P5
The adjusted trial balance for Happ Company follows.
a. Use the adjusted trial balance to prepare the December 31 year-end income statement.
b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account
balance was $67,943 on December 31 of the prior year, and there were no owner investments in the current year.
c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet.
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Use the adjusted trial balance to prepare the December 31 year-end balance sheet.
Note: Amounts to be deducted should be indicated with a minus sign.
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 QS 3-19(Algo) Preparing financial statements LO P5 The adjusted trial balance

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