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Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Prepare...

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Accounting

Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019:

Prepare the following 2019 items in proper form for Carolyn:

  1. the income statement

2. the retained earnings statement

3. the ending balance sheet (Hint: The Common Stock, Additional Paid-in Capital, and Retained Earnings accounts are summed to determine the total shareholders equity.)

4. the closing entries in the general journal

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