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Chapter 3 - Chapter 3 Adjusting Accounts for Financial...

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©Cambridge Business Publishers, 2011 Solutions Manual, Chapter 3 3-1 Chapter 3 Adjusting Accounts for Financial Statements Learning Objectives coverage by question Mini- exercises Exercises Problems Cases LO1 Identify the major steps in the accounting cycle. LO2 Review the process of journalizing and posting transactions. 21, 22, 23, 25, 29, 30 33, 35, 36, 38 40, 41, 42, 46, 47, 52, 54 55, 56, 57, 58 LO3 Describe the adjusting process and illustrate adjusting entries. 23, 24, 25, 29, 30 32, 33, 34, 35, 36, 38 40, 41, 42, 43, 46, 47, 48, 49, 52, 53, 54 55, 56, 57, 58 LO4 Prepare financial statements from adjusted accounts. 26 39 40, 41, 42, 44, 47, 49, 50, 53, 54 55, 58 LO5 Describe the process of closing temporary accounts. 27, 28, 30 31, 33, 37, 39 42, 44, 45, 46, 49, 50, 51, 52, 53, 54 55 LO6 Analyzing changes in balance sheet accounts. 25, 29 32, 34, 35, 36, 38 53 56
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