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FABM2 QUIZ # 2 11/09/2020

FUNDAMENTALS OF ACCOUNTING 2

The following items were taken from the accounting records of Bowser Incorporated. The
income statement account balances are for the year ending December 31, 2009. The balance
sheet account balances are the balances at December 31, 2009 except for the retained earnings
balance which is the balance at 1/1/2009:

Prepare the following:

Statement of Financial Position (40 points)

Statement of Changes in Owner's Equity (10 points)

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