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1) Given the following Trial Balance, prepare the Statement of Owner's Equity. Assume that beginning capital is zero and that the amount on the trial

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1) Given the following Trial Balance, prepare the Statement of Owner's Equity. Assume that beginning capital is zero and that the amount on the trial balance for capital represents a contribution during the period. 2) Reece Consultants had the following balances before preparing adjusting entries in the books on December 31,2025. Prepare the adjusted trial balance after considering these adjustments: a. Office Supplies used, $800. Assume the office supplies were initially recorded as an asset. b. Accrued salaries on December 31, $600. c. Revenue eamed but not recorded, $200. 3) The following selected transactions occurred during 2025 for Carson Company. The company ends it accounting year on December 31. Prepare the journal entries to record these transactions. Omit explanations. 4) An adjusted trial balance of Meadows Company as of December 31,2025 is given below. Prepare a multi-step income statement for the year for the company. 5) Bridgeport Enterprises reported the following figures from its adjusted trial balance for its first year of business, which ended on June 30,2025. Requirements: a. Prepare a multi-step income statement. b. Prepare the statement of owner's equity. No additional owner contributions were made during the period. c. Prepare a classified balance sheet. d. Compute the gross profit percentage. 6) Wylie Company has just completed operations for the year ended December 31, 2024. This is the second year of operations for the company. The following data have been assembled for the business. Prepare the balance sheet at December 31, 2024. Use a proper heading

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