Prepare a income statement

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Record entries journal for events occurred in January also record all the accrual accounting adjustments that are necessary to determine profit for the month. (2) prepare trail balance at 31st January 2018(use opening valnce of each account given below)-cash at Bank 6000, account receivable 10000 inventory 12000, shop supplies500, prepayment 1500, shop lifting 25000,acc.dep shop fittings(15000), account payable7500, accruals 800, share capital 3000, retained earnings 1700.(3) prepare a income statement, cash flow statement and balance sheet at 31 January 2018.

Reference no: EM133246992

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