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Prepare the following entries in the Journal Book: a)Opening entry of the year 20X3. b)Depreciation for the year 20X3, if necessary. c)Sale of the van

Prepare the following entries in the Journal Book:

a)Opening entry of the year 20X3.

b)Depreciation for the year 20X3, if necessary.

c)Sale of the van during the year 20X3.

d)Closing entries for the year 20X3.

e)Prepare the Balance Sheet as of December 31st, 20X3 and the Income Statement for the year 20X3.

image text in transcribed
Using the information in Exercise 1, the balance sheet of UBEDA, S.A. as of December 315t 20X2 is the following: UBEDA, S.A. Balance Sheet as of December 31\

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