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It says my answers are wrong, could you please help me. Problem 4-5A Preparing trial balances, closing entries, and financial statements LO C3, The adjusted
It says my answers are wrong, could you please help me.
Problem 4-5A Preparing trial balances, closing entries, and financial statements LO C3, The adjusted balance of Karlse Repalrs on December 31.2017, follows. KARISE REPAIRS Adjust d r e rial Balance Isa, gs Cion Rent Title zel 12a 128 188 zel 218 gel ael 612 62B SSg t-sh Of f i suppliu Equipmen Accumulated d p payabl s #yabLe , Capital se, Withdraw Repair f expense Office s Debit 'e, egg 1, geg 2,9sg ss,ee IS, egg s, seg 38, ee 1, leg IS, seg a, aeg Cr edit s s, seg 13, 31, ee Assume mere are no owner Investments In 2017 Required: la. Prepare an Income statement for the year 2017 1b. Prepare statement of owner's equity for the year 2017 1'. Prepare classfied balance sheet at December 31, 2017. 2. Complete work sheet uslng the adjusted Irlal balance In the first two columns of slx-column Eble. use columns three and four for closlng entry Informet[on end lest two columns for post-clos[ng trlel balance 3. uslng Informatlon from the work sheet In Requlremenl 2, prepare the approprlate closlng entrles
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