ACC3300 Intermediate Accounting I Practice Assessment Spring 2017 Please use the following adjusted Trial Balance for Great
Question:
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ACC3300 Intermediate Accounting I
Practice Assessment
Spring 2017
Please use the following adjusted Trial Balance for Great Adventures, Inc. to complete this assignment. Assume that Great Adventures, Inc. began its operations on January 1, 2017. There were no identifiable transactions in 20016.
You are asked to prepare the following statements:
Income Statement for the year ending December 31, 2017
Statement of Retained Earnings for the year ending December 31, 2017
Statement of Stockholders Equity for the year ending December 31, 2017
Balance Sheet at December 31, 2017
Statement of Cash Flows for the year ending December 31, 2017
Please prepare each statement on a separate tab in an Excel spreadsheet workbook.
The Adjusted Trial Balance that needs to be used is attached.
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