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    Financial and Managerial Accounting Study Set 6
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    Exam 2: Analyzing and Recording Transactions
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    Based on the Following Trial Balance for Sal's Beauty Shop
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Based on the Following Trial Balance for Sal's Beauty Shop

Question 43

Question 43

Essay

Based on the following trial balance for Sal's Beauty Shop, prepare an income statement, statement of retained earnings and a balance sheet. Sal made no additional investments in the company during the year.
Based on the following trial balance for Sal's Beauty Shop, prepare an income statement, statement of retained earnings and a balance sheet. Sal made no additional investments in the company during the year.

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