Financial Accounting
Financial Accounting
5th Edition
ISBN: 9781618531650
Author: Thomas Dyckman
Publisher: Cambridge Business Publishers
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Chapter 3, Problem 42P

a.

To determine

Prepare adjusting entries on December 31, 2015 using financial statement effects template and in the form of journal entry.

b.

To determine

Prepare adjusting entries in the form of journal entry.

c.

To determine

Prepare T-accounts and post the adjusting entries.

d.

To determine

Prepare income statement and balance sheet.

e.

To determine

Prepare entries in the form of journal entry to close the temporary accounts and post it to t-account.

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