Preparing the financial statements the adjusted trial, Accounting Basics

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Preparing the financial statements the adjusted trial

Question: Preparing the financial statements The adjusted trial balance for Burlington Advertising Services is presented below:

Requirements: 1. Prepare the income statement for the year ending December 31, 2016.

2. Prepare the statement of retained earnings for the year ending December 31, 2016.

3. Prepare the classified balance sheet as of December 31, 2016. Use the report form.

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Accounting Basics: Preparing the financial statements the adjusted trial

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Accounting Basics: Preparing the financial statements the adjusted trial

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