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Required A1 Required A2 Prepare a balance sheet as of the end of the year. (Hint: You may find it helpful to prepare a
Required A1 Required A2 Prepare a balance sheet as of the end of the year. (Hint: You may find it helpful to prepare a T-account for the Cash account since it is affected by most of the transactions.) (Amounts to be deducted and net loss should be indicated with minus sign.) Reminder: Increases to expenses should be entered as negative numbers to show the impact on net income. See Exhibit 4.3. Show less A KISSICK CO. Balance Sheet Assets: Total current assets Total assets 0 $ 0 Liabilities: Total current liabilities Total liabilities 0 0 Stockholders' Equity: Total Stockholders' equity 0 Total liabilities and stockholders' equity 0
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