Financial Statements, Adjusting and Closing Entries
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For the attachment:
(a) Journalize the adjusting entries.
(b) Prepare an adjusted trial balance.
(c) Prepare a multiple-step income statement and retained earnings statement for the year and a classified balance sheet as of November 30, 2007.
(d) Journalize the closing entries.
(e) Prepare a post-closing trial balance.
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- BA, Ain Shams University, Cairo Egypt
- MBA, California State University, Sacramento
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