Asks you to find the accumulated investment by the end of year 3 for Options 1, 2, and 3.
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Match the given transactions to its financial statement.
Given information about account balances… prepare a trial balance.
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Given common stock, retained earnings, dividends, service revenue, salaries, and rent … complete the statement of stockholders’ equity.
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Saving for a boat. Asks how much is in the account after several years.
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Prepare journal entries, adjusting entries, adjusted trial balance, income statement, balance sheet, statement of stockholders equity, balance sheet, closing entries, post-close trial balance.
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Prepare journal entries, partial balance sheets, evaluate the allowance of uncollectables, create a partial income statement with sales revenues, cost of goods sold, and gross profit. Calculate cost of goods sold and ending inventory using FIFO.
Then, using information about the net realizable value, reestimate the partial income statement and balance sheets. Finally, create a depreciation schedule showing depreciation and book values and record adjusting entries for depreciation and insurance.
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Record each transaction, and prepare the shareholders’ equity section of the balance sheet, Prepare the statement of cash flows using the indirect method, and calculate risk ratios and profitability ratios for 2022.
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Record closing entries for Badger Corporation. Afterward, prepare a post-closing trial balance.
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Lapeer Flour Mills Purchased New Equipment. Record. NOTE: all expenditures are paid in cash for this version.
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