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Fabm2 Quiz1 Questionnaire

This document provides accounting records for Bowser Incorporated including income statement account balances for the year ending December 31, 2009 and balance sheet account balances as of December 31, 2009 except for retained earnings which is as of January 1, 2009. Students are asked to prepare a Statement of Financial Position using the provided account balances and a Statement of Changes in Owner's Equity.

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fennie ilinah molina
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76 views1 page

Fabm2 Quiz1 Questionnaire

This document provides accounting records for Bowser Incorporated including income statement account balances for the year ending December 31, 2009 and balance sheet account balances as of December 31, 2009 except for retained earnings which is as of January 1, 2009. Students are asked to prepare a Statement of Financial Position using the provided account balances and a Statement of Changes in Owner's Equity.

Uploaded by

fennie ilinah molina
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FABM2 QUIZ # 2 11/09/2020

FUNDAMENTALS OF ACCOUNTING 2

The following items were taken from the accounting records of Bowser Incorporated. The
income statement account balances are for the year ending December 31, 2009. The balance
sheet account balances are the balances at December 31, 2009 except for the retained earnings
balance which is the balance at 1/1/2009:

Prepare the following:

Statement of Financial Position (40 points)

Statement of Changes in Owner's Equity (10 points)

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