From the completed worksheet in Exercise 4-4, prepare: a. An income statement for December b. A statement

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From the completed worksheet in Exercise 4-4, prepare:
a. An income statement for December
b. A statement of owner’s equity for December
c. A balance sheet as of December 31, 2014
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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