Assume that Harbor Marine Company reported the following summarized data at December 31, 2018. Accounts appear in

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Assume that Harbor Marine Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order; dollar amounts are in millions.

Other liabilities Other assets.... Expenses Stockholders' equity. $ 2 20 26 Revenues. Cash.. . Accounts payable .. $37 6


Prepare the trial balance of Harbor Marine Company at December 31, 2018. List the accounts in their proper order. How much was the company’s net income or net loss?

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Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

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