The adjusted trial balance for Impressions Dance School has been provided for the year ended September 30,

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The adjusted trial balance for Impressions Dance School has been provided for the year ended September 30, 2020. The new bookkeeper alphabetized the accounts.

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Prepare an income statement and a statement of changes in equity for the year ended September 30, 2020, plus a September 30, 2020, classified balance sheet. The owner made no investments during the year.

Analysis Component: Alisha Bjorn wants to buy a new car for the business. As her bank manager, what do you advise?

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Related Book For  book-img-for-question

Fundamental Accounting Principles Volume I

ISBN: 978-1260305821

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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