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Only do the four financial statements requirement. PART 2: From the Adjusted Trial Balance prepared in Part 1, prepare the four financial statements, followed by

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PART 2: From the Adjusted Trial Balance prepared in Part 1, prepare the four financial statements, followed by closing entries, and Post-closing Trial Balance. Account Debit Credit $ A A A A A A A Cash Accounts Receivable Office Supplies Inventory Prepaid Rent Prepaid Insurance Office Equipment Accumulated Depreciation Accounts Payable Notes Payable Interest Payable Common Stock Paid in Capital in Excess of Par Dividends Sales Revenue Sales Discounts Cost of Goods Sold Depreciation Expense 26,942.86 8,080.00 65.00 5,076.30 900.00 1,000.00 16,592.00 $ $ $ $ $ $ 10,000.00 $ 98.14 15,850.70 327.56 500.00 118.75 1,800.00 525.00 215.00 88,091.31 $ A A A A A A 327.56 5,976.00 15,000.00 118.75 2,000.00 34,000.00 $ 30,669.00 A A A A Insurance Expense Interest Expense Rent Expense Supplies Expense Utilities Expense Totals A A A A $ $ $ $ $ 88,091.31

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