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1. Record journal entries for transactions 1 through 10 2. Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post
1. Record journal entries for transactions 1 through 10
2. Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post the transactions 1-10, adjusting entries 11-16, and closing entry. (Enter answers in thousands of dollars)
3. Post the journal entries from requirement 2 to t-accounts and prepare and unadjusted trial balance
4. Record the adjusting journal entries
5. Prepare an adjusted trial balance
6. Prepare an income statement
7. Prepare the statement of retained earnings
8. Prepare the balance sheet
9. Prepare closing journal entry
10. Prepare post-closing trial balance
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