Backlund Farm Supply completed the work sheet on page 607 for the year ended December 31, 20--.

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Backlund Farm Supply completed the work sheet on page 607 for the year ended December 31, 20--. Owner's equity as of January 1, 20--, was $50,000. The current portion of Mortgage Payable is $1,000.

REQUIRED

1. Prepare a multiple-step income statement.

2. Prepare a statement of owner's equity.

3. Prepare a balancesheet.

Backlund Farm Supply Work Shoet For Year Ended December 31, 20-- ABANTER BALUBCE SEET TAL BALANCE ALIED AL BALANCE ICOE

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 21, 2011 09:41 AM

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Backlund Farm Supply completed the work sheet on page 607 for the year ended December 31, 20--.

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