Exercise 06.21 – Big Blast Fireworks

Financial Accounting

Spiceland, Thomas, and Herrman

05th Edition and 06th Edition

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Difficulty – Hard

Given accounts balances and a list of transactions... complete 7 different parts which include recording each transaction, recording adjusting entries, preparing an adjusted trial balance, preparing a multi-step income statement, preparing a balance sheet, recording closing entries, and analyzing company ratios.

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