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How to prepare financial statements from trial balance
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Using the adjusted trial balance, could you prepare an income statement, statement of owner's equity and a balance sheet using the equations and links of the microsoft Excel
E.H.
Amr company Amr companyAdjusted trial balance Income statementAccount name Debit Credit Debit CreditCash 4550Accounts receivable 1510Office equipment 11500
4500
Accounts payable 1140Amr capital 11370Amr drawing 400Commission earned 5620Advertising expense 800Salaries expense 2400Rent expense 570 Amr companyDepreciation expense 900 Statement of owner's equityTotal 22630 22630 Debit Credit
Amr companyBalance sheet
Debit CreditAssets:
Accumulated depreciation-office equipment
A B C D E F G H123456
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Using the adjusted trial balance, could you prepare an income statement, statement of owner's equity and a balance sheet using the equations and links of the microsoft Excel
E.H.
I123456
7
891011121314151617181920212223242526272829303132333435363738394041424344