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Porter Corporation's balance sheet at December 31, 2011, is presented below.
PORTER CORPORATION Balance Sheet December 31, 2011
During January 2012, the following transactions occurred. Porter uses the perpetual inventory method.
Adjustment data:
The income tax rate is 30%. (Hint: Prepare the income statement up to "Income before taxes" and multiply by 30% to compute the amount; round to whole dollars.)
Need help with the Adjusted Trial Balance
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