Question: 2 - a . Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a . Expired
a Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries.
a Expired insurance, $
b Ending store supplies imventory. $
c Ending office supplies inventory. $
d Depreciation of store equipment, $
e Depreciation of office equipment, $
b Prepare all necessary ledgers for accounting adjustments.
c Prepare a work sheet for the month ended May
a Prepare a May multiplestep income statement.
b Prepare a May statement of owner's equity.
c Prepare a May classified balance sheet
a Prepare a postclosing trial balance.
b Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivabie.
b Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable.
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