In November 2020, the owner of Tranquility by Jen Candle Company, based in Canmore, Alberta, Canada, reviewed her company’s financial performance for the third fiscal year. The company was a candle manufacturer based in Canmore, Alberta, Canada. The owner had compiled the company’s balance sheet for fiscal year 201819, the list of incoming and outgoing payments for 201920, and other related information. Her task was to record all the accounting processes necessary for the current fiscal year until October 31, 2020.
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