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  3. the following listing of accounts (known as a tria

The following listing of accounts (known as a trial balance) pertains to Gislason Ltd as...

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Accounting

The following listing of accounts (known as a trial balance) pertains to Gislason Ltd as of 1231?2019. All adjustments have been posted to all accounts, but
closing entries have not yet been made. Using this information, answer the following questions related to the Income Statement and Balance Sheet that
would be created for the company as of 1231?2019.
(Tip: You may find it helpful to prepare the Income Statement and Balance Sheet on scratch paper, and then answer the questions below.)
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