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QUESTION

TRIAL BALANCE FOR PROBLEMS 1-3 Presented below is an alphabetical list of 2016 pre-closing account balances of Eagles Corp, a merchandising company....

Question:

How many temporary accounts does Eagles Corp need to close? Answer numerically or spell the number (e.g., 1 or one).

Please refer to the adjusted trial balance for Cougar Corp provided in the information sheet for problems 4-5. 

4. What is income from continuing operations for 2016? Do not use decimals or dollar signs

5.For Cougar Corp in 2016, Net Income is ________ lower than Income from Continuing Operations.

Do not use decimals, dollar signs, or negative signs.

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