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Guitar Universe provided a trial balance for year-end closing entries. Students were instructed to [1] make adjusting entries, [2] prepare worksheets for financial statements, and [3] complete the statement of profit or loss, statement of changes in equity, and statement of financial position, sending the excel file by the deadline. The document also provided additional information about Guitar Universe, including bank balances, investments, inventory counts, supplies, insurance, depreciation, customer depo

Author

NhicoleChoi

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EN