FINANCIAL ACCOUNTING-TEXT
FINANCIAL ACCOUNTING-TEXT
6th Edition
ISBN: 2810023103767
Author: DYCKMAN
Publisher: CAMB BUS
Question
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Chapter 2, Problem 57P

a.

To determine

Report the effects for each of the separate transactions and prove that assets equal liabilities plus equity and revenues less expenses equal net income.

b.

To determine

Prepare an income statement for the month of December.

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