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Accounting Problem- Viaduct Co.

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Accounting Problem- Viaduct Co. Prepare a work sheet for the fiscal year ending December 31, 2006. List all accounts in order given. Prepare a multi-step income statement. Prepare a statement of owner’s equity. Prepare a report form of balance sheet, assuming that the current portion of the note payable is $15,000 Journalize the adjusting entries. Journalize the closing entries.

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