Question: I need help with the following assignment. G General Journal Form Trial Balance Form GENERAL JOURNAL PAGE ACC ACCOUNT TITLE NO. DEBIT CREDIT 23 1Part

I need help with the following assignment.


G General Journal Form Trial Balance Form GENERAL JOURNAL PAGE ACC ACCOUNT TITLE NO. DEBIT CREDIT 23 1Part 1: Using the trial balance below, complete the closing entries. Sidhu Ltd. Trial Balance December 31, 20-0 Cash 500 0 Accounts Receivable 200 o Supplies 50 0 Equipment 1000 0 Accounts Payable o 100 GST Payable o 350 Capital 0 1020 Drawings 250 0 Sales 800 Rent Expense 100 0 Telephone Expense 50 0 Salaries Expense 120 0 Total 2270 2270 ** do the journal entries in the correct order ** Part 2: After the closing entries are done, what will the ending balance in lCapital be? {use a T-Account to figure this out. Part 3: Create a post-closing trial balance
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