Journalize the transactions for the month of December. No narration is required. Then Prepare the unadjusted Trial
Question:
Journalize the transactions for the month of December. No narration is required. Then Prepare the unadjusted Trial Balance as of December 31, 2021. You have to follow the sequence in e/ when preparing the Trial Balance.
After that, based on the additional information given, prepare the adjusted Trial Balance as of December 31, 2021. You have to follow the sequence in e/ when preparing the Trial Balance.
At last, in no more than 150 words explain with example(s) what are source documents of an accounting information system. The example(s) must come from your personal experience, and you need to infer how the counterparty (a corporation) in the transaction will rely on this source document(s) to complete their data capture in the accounting processes.
Principles of Accounting
ISBN: 9780077300456
1st edition
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton