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Q.1 The adjusted trial balance of Personal Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the
Q.1 The adjusted trial balance of Personal Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31, 2020 1. an income statements. (3 Marks) 2. an owner's equity statement. (3 Marks with title, name, and date) 3. a balance sheet (6 Marks without title) Personal Financial Planners Adjusted Trial Balance December 31, 2020 Debit Credit Cash. S 4.900 Accounts Receivable 2.300 1.800 14.000 Supplies Equipment Accumulated Depreciation Equipment.. Accounts Payable Unearned Service Revenue $ 3.000 3.300 6.000 Owner's Capital 14,600 2.500 Owner's Drawings. Service Revenue 4.500 Supplies Expense 700 2.700 Depreciation Expense Rent Expense 2 500 $31.400 $31.400
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