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Part G: Prepare the financial statements IN GOOD FORM ( Income Statement, Statement of Owner's Capital, and classified Balance Sheet ) . Part H: Prepare
Part G: Prepare the financial statements IN GOOD FORM Income Statement, Statement of Owner's Capital, and
classified Balance Sheet
Part H: Prepare the closing entries.
Part I: Make Taccounts using the balances in the correct Adjusted Trial Balance you are given after submitting
Part of your project. Post your closing entries to your Taccounts and update the balances. Circle the
balances in red ink.
Part J: Prepare an afterclosing trial balance.
Part K: As of how long has the Specter owned the building? You must show your calculation! Using this adjusted trial balance.
Specter & Associates
Adjusted Trial Balance
September
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