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The general manager has asked that you prepare BRI's ASPE compliant CLASSIFIED balance sheet (in good form) based on the adjusted trial balance. The
The general manager has asked that you prepare BRI's ASPE compliant CLASSIFIED balance sheet (in good form) based on the adjusted trial balance. The mortgage payable should be classified as long term. You have also been asked to prepare the closing journal entries (in good form). To facilitate the general manager's review, you plan to provide detailed supporting calculations and round all amounts to the nearest dollar.
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