Question: Using the information in the adjusted trial balance, do the following. Prepare an income statement and an owner's equity statement for the 2 months ended
Using the information in the adjusted trial balance, do the following. Prepare an income statement and an owner's equity statement for the 2 months ended december 31, 2016 and a classifieed balance sheet at december 31, 2016. The note payable has a stated interest rate of 6% and the principal and interest are sue on november 16, 2018. Natalic has decided that her year-end will be deceber 31, 2016. Prepare and post closing entries as december 31, 2016. Prepare a post-closing trial balance
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