Accounting MANUAL INSTRUCTIONS FOR FEBRUARY 1) Journalize the transactions listed below and on the next page and post to the ledger accounts. Omit explanations. 2) Prepare an unadjusted trial balance. 3) Journalize the adjusting entries and post to the general ledger. Adjustment data are provided on the next page. 4) Prepare an adjusted trial balance. 5) Prepare a schedule of accounts receivable. 6) Prepare an income statement for the two months ended February 28, 20Y8. If not completing the optional requirements below, use only the year-to-date amount column to complete your statement. Optional: Prepare the statement for both the month of February and the year to date. Balances in the income and expense accounts currently reflect year-to-date activity. Complete the year-to-date income statement first. To calculate February figures, subtract January figures (from last month’s income statement) from the year-to-date figures. Optional: Include vertical analysis figures in the statement by calculating the percent of each line item

Answer rating: 100% (QA)

For complete answer for the question we need the trial balance as at January 31 I give below the journal entries for the month of February alongwith t... View the full answer