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please full calculation and explanation. em 3-10A Posting, adjusted trial balance, and preparing financial statements LO6,7 CHECK FIGURES: 3. Adjusted trial balance, debits $580,585 4.
please full calculation and explanation.
em 3-10A Posting, adjusted trial balance, and preparing financial statements LO6,7 CHECK FIGURES: 3. Adjusted trial balance, debits $580,585 4. Loss $79,895 Required Using the information in Problem 3-9A, complete the following: 1. Set up balance column accounts for Rainmaker Environmental Consultants and enter the bal- ances listed in the unadjusted trial balance. 2 Post the adjusting entries prepared in Problem 3-9A to the accounts. 3. Prepare an adjusted trial balance. 4 Uise the adjusted trial balance to prepare an income statement, a statement of changes in equity, and a balance sheet. Assume that the owner, Jeff Moore, made no owner investments during the year. em 3-10A Posting, adjusted trial balance, and preparing financial statements LO6,7 CHECK FIGURES: 3. Adjusted trial balance, debits $580,585 4. Loss $79,895 Required Using the information in Problem 3-9A, complete the following: 1. Set up balance column accounts for Rainmaker Environmental Consultants and enter the bal- ances listed in the unadjusted trial balance. 2 Post the adjusting entries prepared in Problem 3-9A to the accounts. 3. Prepare an adjusted trial balance. 4 Uise the adjusted trial balance to prepare an income statement, a statement of changes in equity, and a balance sheet. Assume that the owner, Jeff Moore, made no owner investments during the yearStep by Step Solution
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