Refer to C5-2. C5-2 The December 31, 2013 and 2012 adjusted trial balances for Sport life Gym

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Refer to C5-2.
C5-2
The December 31, 2013 and 2012 adjusted trial balances for Sport life Gym Corporation are shown on the following page.
Refer to C5-2.
C5-2
The December 31, 2013 and 2012 adjusted trial

Required:
1. Prepare a comparative classified statement of financial position, as typically presented using IFRS.
2. Prepare a comparative statement of comprehensive income.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  book-img-for-question

Fundamentals of Financial Accounting

ISBN: 978-0078025372

4th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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