AAA corporation unadjusted trial balance follows. On December 31, 2020, the accountant noticed that few adjustments should be made. Accrued interest revenue on investments at period end, $2,200 Insurance still unexpired at end of the period, $12,000 Prepare: Adjusted trail balance Income statement Statement of shareholder’s equity Balance sheet.

AAA corporation unadjusted trial balance follows. On December 31, 2020, the accountant noticed that few adjustments should be made. Accrued interest revenue on investments at period end, $2,200 Insurance still unexpired at end of the period, $12,000 Prepare: Adjusted trail balance Income statement Statement of shareholder’s equity Balance sheet.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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