Question: The adjusted trial balance for Fraser Valley Services Ltd. was prepared in E4-9. During the year, the company issued common shares for $1,000. Instructions Prepare

The adjusted trial balance for Fraser Valley Services Ltd. was prepared in E4-9. During the year, the company issued common shares for $1,000.

Instructions

Prepare (a) an income statement, (b) a statement of changes in equity, and (c) a statement of financial position.

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a FRASER VALLEY SERVICES LTD Income Statement Year Ended August 31 2015 Revenues Service revenue 542... View full answer

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