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QUESTION
The post-closing trial balance at 30 June 2015 of Highland professional services is shown below. HIGHLAND PROFESSIONAL SERVICES Post-Closing Trial...
C. Post the entries to the T accounts.
D. Prepare a 10 column worksheet for the year ended 30 June 2016.
E. Prepare an income statement, a statement of changes in equity and a balance sheet.
F. Journalise and post the adjusting entries.
G. Journalise and post the closing entries.
H. Prepare a post-closing trial balance.
I. Prepare any suitable reversing entries on 1 July 2016.
