Preparing financial statements from the adjusted trial balance The adjusted trial balance for Chiara Company as of

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Preparing financial statements from the adjusted trial balance The adjusted trial balance for Chiara Company as of December 31, 2008, follows.

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Required Use the information in the adjusted trial balance to prepare

(a) the income statement for the year ended December 31, 2008;

(b) the statement of owner’s equity for the year ended December 31, 2008; and

(c) the balance sheet as of December 31, 2008.

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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