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An adjusted trial balance for Woods Company is presented below. Required: 1. Prepare the company's closing entries. 2. Prepare a multiple-step income statement, statement of

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An adjusted trial balance for Woods Company is presented below. Required: 1. Prepare the company's closing entries. 2. Prepare a multiple-step income statement, statement of owner's equity and balance for the company. 3. Prepare the post-closing trial balance

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