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Everett Co. Was organized on July 1, 2015. Quaterly financial statements are prepared. The unadjusted and adjusted trial balances as of sept. 30 are shown.
Everett Co. Was organized on July 1, 2015. Quaterly financial statements are prepared. The unadjusted and adjusted trial balances as of sept. 30 are shown.
Journalize the annual adjusting entries that were made. Then, prepare an income statement of retained earnings for the 3 months ending sept. 30, 2015. Prepare a balance sheet at Sept 30.
If the note bears interest at 12% how many months has it veen outstanding?
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