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After its first month of operations, Paquette Advisors showed the following account balances in its general ledger accounts ( T - accounts ) as at
After its first month of operations, Paquette Advisors showed the following account balances in its general ledger accounts Taccounts as at January CHECK FIGURES: Profit
During February, the following transactions occurred: Feb. Performed work for a client and received cash of
regarding outstanding accounts payable. Received cash of
rental fee will be paid in full when the equipment is returned. The owner withdrew cash of
Required Record the journal entries for the month of February. Post the journal entries to the general ledger Taccounts Include the date next to each posting. Prepare a trial balance based on the balances in your Taccounts. Prepare an income statement for the two months ended February Prepare a statement of changes in equity for the two months ended February Prepare the balance sheet as at February
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