The adjusted trial balance of A Plus Events Piano Tuning Service at fiscal year end October 31,…
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The adjusted trial balance of A Plus Events Piano Tuning Service at fiscal year end October 31, 2012, follows.Requirements1. Prepare A Plus’s 2012 income statement.2. Prepare the statement of owner’s equity for the year.3. Prepare the year-end balance sheet.4. Which financial statement reports A Plus’s results of operations? Were 2012 operations successful? Cite specifics from the financial statements to support your evaluation.5. Which statement reports the company’s financialposition?
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The adjusted trial balance of A Plus Events Piano Tuning Service