Question: Required: 1 to 3 . First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made
Required:
to First, post the unadjusted balances from the unadjusted trial balance that was given and the adjusting entries that were made in Problem into the appropriate Taccounts on the Taccounts tab Then prepare an adjusted trial balance.
a Prepare an income statement for the year ended December Assume that no common stock was issued during the year and that $ in cash dividends were paid to shareholders during the year.
b Prepare a statement of shareholders' equity for the year ended December Assume that no common stock was issued during the year and that $ in cash dividends were paid to shareholders during the year.
c Prepare a classified balance sheet as of December Assume that no common stock was issued during the year and that $ in cash dividends were paid to shareholders during the year.
Prepare closing entries and post to the Taccounts on the Taccounts tab
Prepare a postclosing trial balance.
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