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please create: income statement, statement of stockholders' equity, balance sheet, general journal, and post-closing trial balance use costs from table given Instructions Instructions ght-ll-Up Company
please create: income statement, statement of stockholders' equity, balance sheet, general journal, and post-closing trial balance
use costs from table given
Instructions Instructions ght-ll-Up Company maintains and repairs waming lights, such as those found on radio towers and lighthouses. Ught-lt-Up Company prepared the following end-of: eriod spreadsheet at August 31. 20Y5, the end of the fiscal year: Required: 1. Prepare an income statemont for the yoar ended August 31,20Y5. 2. Prepare a statement of stockholders' equity for the year ended August 31, 20Y5. Duning the year, common stock of \$25, 000 was issued. 3. Propare a balance sheet as of August 31, 2ors 4. Based upon the end-ot-period spreadsheet, journalize the closing entries. 5. Prepare a post-ciosing trial balance Step by Step Solution
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