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    Fundamental Accounting Principles Study Set 4
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    Exam 2: Analyzing and Recording Transactions
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    Based on the Following Trial Balance for Smyth's Repair Shop

Based on the Following Trial Balance for Smyth's Repair Shop

Question 46

Question 46

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Based on the following trial balance for Smyth's Repair Shop, prepare an income statement, statement of owner's equity, and a balance sheet. Smyth made no additional investments in the company during the year. Based on the following trial balance for Smyth's Repair Shop, prepare an income statement, statement of owner's equity, and a balance sheet. Smyth made no additional investments in the company during the year.

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