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Danks co was organized on april 1 2010the company prepares

Danks Co. was organized on April 1, 2010.The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

(a) Determine the net income for the quarter April 1 to June 30.

(b) Determine the total assets and total liabilities at June 30, 2010 for Danks Company.

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Accounting Basics: Danks co was organized on april 1 2010the company prepares

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