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MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have
MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $ 540 Equipment 1,800 Repairs Expense 1,620 Service Revenue 5,400 Wages Expense $ 4,320 360 3,600 1,440 E3-20 (Algo) Part 1 Required: 1. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30.
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