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Problem #3 Below is a listing of all Jacquard Industries adjusted general ledger accounts for the year ending December 31, 2022: Accounts receivable Accounts
Problem #3 Below is a listing of all Jacquard Industries adjusted general ledger accounts for the year ending December 31, 2022: Accounts receivable Accounts payable Accumulated depreciation-Equipment Bank loan payable (due July 1, 2020) Cash Common shares.. Depreciation expense Dividends declared Equipment Interest expense. Interest payable Prepaid rent Supplies Rent expense Retained earnings Service revenue Salaries expense.. Supplies expense Unearned revenue 9,100 3,400 $ 4,600 21,750 $3,700 10,000 2,400 1,000 34,550 435 435 400 600 17,250 12,500 60,000 28,850 16,650 2,250 Instructions - 22 marks Using the information provided, prepare the following: (a) statement of income (b) statement of changes in equity (c) classified statement of financial position
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