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Prepare chiara company's balance sheet as of december

28/04/2021 Client: muhammad11 Deadline: 2 Day

The adjusted trial balance for Chiara Company as of December 31, 2013, follows.

The adjusted trial balance for Chiara Company as of December

Required
1. Use the information in the adjusted trial balance to prepare
(a) The income statement for the year ended December 31, 2013;
(b) The statement of owner’s equity for the year ended December 31, 2013; and
(c) The balance sheet as of December 31, 2013.
2. Calculate the profit margin for year2013.

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