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The fiscal year-end of King Storelnc. is December 31. 2019. The company uses the perpetual inventory system. Required: look at the picture and please complete
The fiscal year-end of King Storelnc. is December
31. 2019. The company uses the perpetual
inventory system.
Required: look at the picture and please complete all these 3 steps. i will leave 2 upvotes using 2 accounts if u do everything propely
1. see the picture:In the "Adjusting Entries" columns of the trial balance, post adjustments for the following
2. On the "Fcl. Stmt." page, prepare a multi-step income statement and statement of changes in equity for
the year ended December 31, 2019, and a classified statement of financial position at December 31.
3.prepare closing entries, including brief descriptions. Account numbers are not necessary.
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