Answer to Question #245156 in Management for Bili

Question

Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet. 6. Journalize and post the adjusting entries. 7. Prepare an adjusted trial balance. 8. Prepare an income statement, a statement of ownerà ƒ ¢ € ™s equity, and a balance sheet. 9. Prepare and post the closing entries. Indicate closed accounts by inserting a line in both the Balance columns opposite the closing entry. Insert the new balance in the ownerà ƒ ¢ € ™s capital account. 10. Prepare a post-closing trial balance.

Answer 1

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