Question: Comprehensive Problem 2 for Chapters 1-4 This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has completed closing entries and the
Comprehensive Problem 2 for Chapters 1-4 This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has completed closing entries and the accounting cycle for 2018. The business is now ready to record January 2019 transactions. Collected $200 cash from customer on account. Jan. 3 5 Purchased office supplies on account, $1,000. 12 Performed delivery services for a customer and received $3,000 cash. 15 Paid employee salary, including the amount owed on December 31, $4,100. 18 Performed delivery services on account, $1,350. 20 Paid $300 on account. 24 Purchased fuel for the truck, paying $200 cash. 27 Completed the remaining work due for Unearned Revenue 28 Paid office rent, $2,200, for the month of January. 30 Collected $3,000 in advance for delivery service to be performed later. Cash dividends of $1,500 were paid to stockholders. 31 equirements 1. Record each January transaction in the journal. Explanations are not required. 2. Post the transactions in the T accounts. Don't forget to use the December 31, 2018, ending balances as appropriate. 3. Prepare an unadjusted trial balance as of January 31, 2019. 4. Prepare a worksheet as of January 31, 2019 (optional). 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-accounts
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