Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Prepare...
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Accounting
Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019:
Prepare the following 2019 items in proper form for Carolyn:
the income statement
2. the retained earnings statement
3. the ending balance sheet (Hint: The Common Stock, Additional Paid-in Capital, and Retained Earnings accounts are summed to determine the total shareholders equity.)
4. the closing entries in the general journal
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