Quiz – China Tea Company
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given an adjusted trial balance prepare the closing entries for the company for the year end.
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Given an adjusted trial balance prepare the closing entries for the company for the year end.
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Given an adjusted trial balance they ask you to prepare a classified balance sheet.
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Given an adjusted trial balance, prepare an income statement for the year-end.
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Prepare the four adjusting journal entries.
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Given an annual report to shareholders, they ask you to prepare the income statement for the year-end.
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Given an annual report to shareholders, they ask you to prepare the balance sheet.
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Prepare the appropriate journal entry for each of 5 transactions.
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