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    Winnberg: Prepare trial balance, Balance Sheet and Income St

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    Prepare a trial balance, balance sheet and income statement in proper order.

    © BrainMass Inc. brainmass.com October 9, 2019, 10:04 pm ad1c9bdddf


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    See Excel attached for the worksheet.

    Notes in explanation of the problem:

    Categorizing the accounts requires a basic understanding of what types of accounts are assets, liabilities, equity, revenue and expense. Then understanding the accounting formula of A = L + OE is essential too. A quick review of definitions could be useful at this ...

    Solution Summary

    The expert prepares a trial balance, balance sheet and income statement for WInnberg is provided.