Financial statement and closing entires Watchdog Company maintains repairs warning lights, such as those found...
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Financial statement and closing entires Watchdog Company maintains repairs warning lights, such as those found on radio towers and lighthouses. Watchdog Company prepared the end -of-period spreadsheet shown below at July, 31, 2014, the end of the current fiscal year: Instructions Prepare an income statement for the year ended July 31. Prepare a statement of owner's equity for the year ended July 31. No additional investments were made during the year. Prepare a balance sheet as of July 31. Based upon the end-of-period spreadsheet, journalize the closing entries. Prepare a post-closing trial balance
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