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Chapter 4, Problem8 P4-8, p.214. Group 6 Chelsea Underhill Danielle Fuentes Erick Valencia Kartik Patel Steven Tuazon. Problem 1. December 31, 2007 Adjusting Entries:. Problem 2.

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Chapter 4 problem8 p4 8 p 214

Chapter 4, Problem8P4-8, p.214

Group 6

Chelsea Underhill

Danielle Fuentes

Erick Valencia

Kartik Patel

Steven Tuazon


Problem 1

Problem 1

December 31, 2007

Adjusting Entries:


Problem 2

Problem 2

Prepare an income statement and a classified balance sheet that include the effects of the preceding five transactions.


Problem 3

Problem 3

Record the 2007 closing entry



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