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Case 1 : Stars Bookshop is a sole trader company; offers to customers a well - rounded selection of books and stationery for children, teens,
Case: Stars Bookshop is a sole trader company; offers to customers a wellrounded selection of books and stationery for children, teens, and adults. Use the below Adjusted Trial Balance on December To prepare the financial statement
tabletableStars BookshopAdjusted Trial BalanceDecember Account name,DrCrCashAccounts receivable,SuppliesInventoryPrepaid insurance,EquipmentAccumulated Depreciation EquipmentAccounts Payable,,Notes payable,,Unearned revenue,,Owners capital OCOwners Drawings ODSales Revenue,,Sales discount contra revenue,Cost of goods sold,Salaries and wages expenses,Supplies expenses,Depreciation expenses,Rent expenses,Utilities expenses,Interest expense,Total
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