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  3. Study Set
    Understanding Financial Accounting Study Set 1
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    Exam 2: Analyzing Transaction and Their Effect on Financial Statement
  5. Question
    Shown Below Are the Account Balances for Heron Corp
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Shown Below Are the Account Balances for Heron Corp

Question 61

Question 61

Essay

Shown below are the account balances for Heron Corp. for their year-end September 30, 2020: Shown below are the account balances for Heron Corp. for their year-end September 30, 2020:   Instructions Given the above information, prepare the  a) Statement of Income, b) Statement of Changes in Equity, and c) Classified Statement of Financial Position. Instructions
Given the above information, prepare the
a) Statement of Income,
b) Statement of Changes in Equity, and
c) Classified Statement of Financial Position.

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