Your Talent Agency Ltd.'s unadjusted and adjusted trial balances at December 31, 2017, are shown below. Requirements
Question:
Your Talent Agency Ltd.'s unadjusted and adjusted trial balances at December 31, 2017, are shown below.
Requirements
1. Make the adjusting entries that account for the difference between the two trial balances.
2. Compute Your Talent Agency Ltd.'s total assets, total liabilities, total equity, and net income.
3. Prove your answer with the accounting equation.
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Related Book For
Financial Accounting
ISBN: 978-0134564142
6th Canadian edition
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
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