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aspx?homeworkId=586301478&questionid=1&flushed=false&cid=6269329&c 19.12.2020 Requirements 1. Prepare the company's income statement for the year ended June 30, 2016. 2. Prepare the company's statement of owner's equity for
aspx?homeworkId=586301478&questionid=1&flushed=false&cid=6269329&c 19.12.2020 Requirements 1. Prepare the company's income statement for the year ended June 30, 2016. 2. Prepare the company's statement of owner's equity for the year ended June 30, 2016. Assume that there were no contributions made by the owner during the year. 3. Prepare the company's classified balance sheet in report form at June 30, 2016. 4. Joumalize the closing entries. 5. T-accounts have been opened using the balances from the adjusted trial balance. Post the closing entries to the T-accounts. 6. Prepare the company's post-closing trial balance at June 30, 2016. Net Income (Loss) Ernest Real Estate Appraisal Income Statement Year Ended June 30, 2016
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