Problem

(L.OBJ. 5, 6) Using an adjusted trial balance to prepare financial statements [10 min]...

(L.OBJ. 5, 6) Using an adjusted trial balance to prepare financial statements [10 min]

Refer to the data in Exercise 3-19.

Requirements

1. Compute Shining Image Company’s net income for the period ended December 31, 2010.

2. Compute Shining Image Company’s total assets at December 31, 2010.

Step-by-Step Solution

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