The adjusted trial balance of Decimal Co. as of December 31, 2014, contains the following. Instructions (a)

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The adjusted trial balance of Decimal Co. as of December 31, 2014, contains the following.

Instructions
(a) Prepare an income statement.
(b) Prepare a statement of retained earnings.
(c) Prepare a classified balancesheet.

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Question Posted: Jun 07, 2013 09:15 AM

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The adjusted trial balance of Decimal Co. as of December 31, 2014, contains the following. Instructions (a)

Question:

DECIMAL CO ADJUSTED TRIAL BALANCE DECEMBER 31, 2014 Account Titles Dr. 6,590 15,618 Accounts Receivable Accumulated Depreciation- Equipment Notes Payable Accounts Payable Retained Earnings 2 Salaries and Wages Expense Depreciation Expense Interest Payable 2 211 $85,211

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a DECIMAL CO Income Statement For the Year Ended December 31 2014 Revenues Service revenue 27600 Exp...View the full answer

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