(Learning Objective 3: Analyzing and recording adjustments) Peachtree Apartments, Inc.s unadjusted and adjusted trial balances at April...

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(Learning Objective 3: Analyzing and recording adjustments) Peachtree Apartments, Inc.’s unadjusted and adjusted trial balances at April 30, 20X6, follow.

❙ Requirements 1. Make the adjusting entries that account for the differences between the two trial balances.

2. Compute Peachtree’s total assets, total liabilities, total equity, and net income.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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