Tuesday, May 25, 2010

Exercise 4-9 (E4-9) The adjusted trial balance for Apachi Company is presented in E4-8

ACC 280 / XACC 280

Axia College of University of Phoenix (UoP)

Principles of Accounting

Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2008). Financial Accounting (6th ed.). Hoboken, NJ: Wiley.

ACC 280 / XACC 280 Solution
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Exercise 4-9 (E4-9)
The adjusted trial balance for Apachi Company is presented in E4-8.

Instructions
(a) Prepare an income statement and a retained earnings statement for the year. There were no issuances of common stock during the year.
(b) Prepare a classified balance sheet at July 31.

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