The accounts in the ledger of Rapid Delivery Service contain the following balances financial statements. on July

Question:

The accounts in the ledger of Rapid Delivery Service contain the following balances financial statements. on July 31, 2017.

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Instructions

(a) Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Cash.

(b) Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July 2017.

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