Question: I need help with the general journal adjusted entries An adjusted trial balance Closing entries to the general journal Post closing trial balance I have

I need help with

the general journal adjusted entries

An adjusted trial balance

Closing entries to the general journal

Post closing trial balance

I have also attached the values I got from my last assignment.

I need help with the general journal adjusted entries An adjusted

trial balance Closing entries to the general journal Post closing trial balance

I have also attached the values I got from my last assignment.

Continue with the Assignment from Unit 2, using the same Excel Template and complete the following steps: 1. Prepare/Journalize the Adjusting entries A-F a. Insurance expired during June is $150. b. Supplies on hand on June 30 are $1,020 c. Depreciation of office equipment for June is $500 d. Accrued receptionist salary on June 30 is $120. e. Rent expired during June is $1,500. f. Unearned fees on June 30 are $2,000. 2. Post the adjusting entries to the General Ledger. 3. Prepare an income statement, a statement of owner's equity, and a balance sheet. 4. Journalize and post the closing entries. (Income Summary is account #33 in the chart of accounts.) 5. Prepare a post-closing trial balance

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Ignacio Carlos Flores-Figueroa (Defendant) was convicted in the United States District Court for the Southern District of Iowa of aggravated identity theft. Flores-Figueroa appealed on the ground...

general journal & adjustijg entries plz The trial balance of Pacilio Security Services, Inc. as of January 1, Year 10, had the following normal balances: Cash Petty Cash Accounts Receivable Allowance...

can you please help me in this one Chapter 5 Problems eBook Calculator Printem Chart Of Account General Ledger Adjusting Entries Closing Entries Trial Balance instructions For Year Ended December 31,...

Blue's Computers and Consulting, Inc. Blue's Computers and Consulting, Inc. (BCC) was organized in January 2018 to provide computer repair and consulting services to the world at large. While Mr....

Hello, Can you help, thank you so much. Closing Entries and Post-Closing Trial Balance A work sheet for Megaffin's Repairs for the month ended January 31, 20-- is shown. Megaffin's Repairs Work Sheet...

Kelly Pitney began her consulting business, Kelly Consulting, on April 1, 2015. The accounting cycle for Kolly Consulting for April, including financial statements, was lustrated in this chapter....

Above is a General Journal and below is the Trial Balance . ____________________________________________________________________________________ Requirement #4: Prepare adjusting entries using the...

Hi, I need a to solve the below including at the end a general journal and a post closing trial balance. Its just needs the whole starting process, are the pictures not clear? are the pictures not...

Check my work On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit 43,200 45,500 8,000 Cash Accounts Receivable Supplies...

General journal, T Accounts, to adjusted trial balance with additional questions Name Financial Statement Homework #3 Part At November 30, 2012. Silver Traders Company had the following trial...

On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances: Accounts Debit Credit Cash $ 12,100 Accounts Receivable 35,800 Inventory 152,900 Land 76,300...

A company purchased $1,500 of merchandise on credit on terms of 3/15, n/30. If the company pays $485 in cash to this account within ten days, how much will be debited to Accounts Receivable? A. $485;...

Corporations commonly incur debt in financing the acquisition of other companies or in fighting takeover attacks by competitors. Two strategies often employed involve deferring interest payments and...

Market volatility, growth, and investment potential are emerging market characteristics. True False

Distinguish between performance appraisal and performance management.

What should Systel do with the appraisal outcomes? Should they be used only for giving feedback to employees? Or, should they be used for identifying training needs, improving performance, and/or...

Which method of appraisal do you think is the best for ensuring fairness and objectivity? Is it possible to completely eliminate subjectivity from appraisals?