The adjusted trial balance for Fraser Valley Services Ltd. was prepared in E4-9. During the year, the

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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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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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