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  • Worksheet Practice Problem

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    EgieMae Garces
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    This document provides instructions for a practice problem that requires completing a worksheet and preparing three financial statements: an income statement, statement of changes in owner's equity, and balance sheet. Students are asked to first complete the worksheet and then use it to prepare the three financial statements.

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    This document provides instructions for a practice problem that requires completing a worksheet and preparing three financial statements: an income statement, statement of changes in owner's equity, and balance sheet. Students are asked to first complete the worksheet and then use it to prepare the three financial statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views2 pages

    Worksheet Practice Problem

    Uploaded by

    EgieMae Garces
    This document provides instructions for a practice problem that requires completing a worksheet and preparing three financial statements: an income statement, statement of changes in owner's equity, and balance sheet. Students are asked to first complete the worksheet and then use it to prepare the three financial statements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    ACC 111 – FINANCIAL ACCOUNTING & REPORTING

    Practice Problem – Worksheet and Financial Statement Preparation


    Requirement:
    1. Complete the Worksheet
    2. Prepare the Financial Statement
    a. Income Statement
    b. Statement of Changes in Owner’s Equity
    c. Balance Sheet

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