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SOLVED:The trial balance for Cycle Tech Bicycles, prepared on a ten-column work sheet, is included in your working papers. 1. Complete the work sheet for the year ended December 31 . Use the following information to make the adjustments. Ending merchandise inventory 25,191 Ending supplies inventory 1,221 Total federal corporate income taxes for the year 3,472. 2. Prepare an income statement. 3. Prepare a statement of retained earnings 4. Prepare a balance sheet
SOLVED:The trial balance for Cycle Tech Bicycles, prepared on a ten-…
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