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M Sign In | Connect | McGrav Home - Netflix Nanny Jobs Available in Ra Content M Question 1 - PROJECT: AC X 40,738 Jobs, Employment X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com... PROJECT: Accounting Cycle 1 Saved Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 100 points Prepare an adjusted trial balance as of December 31, 2021. BUSINESS SOLUTIONS Adjusted Trial Balance December 31, 2021 Account Title eBook Debit Credit Cash $ 51,582 Accounts receivable 4,050 References Computer supplies 1,070 Prepaid insurance 1,620 Prepaid rent 800 Office equipment 8,600 Accumulated depreciation-Office equipment $ 430 Computer equipment 20,400 Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock 1,275 1,500 460 2,000 67,000 0 Mc Graw Hill Retained earnings Dividends Computer services revenue 7,000 38,849 Depreciation expense-Office equipment 430 Depreciation expense-Computer equipment 1,275 Wages expense 3,500 Insurance expense 540 Rent expense 2,400 Computer supplies expense 3,515 Advertising expense Mileage expense 2,573 764 Miscellaneous expenses 240 Repairs expense-Computer Totals 1,195 $ 111,554 $ 111,514 < Required 2B Required 4 > Prev 1 of 1 Next Finish update: Help Save & Exit Submit Check my work M Sign In | Connect | McGrav Home - Netflix Nanny Jobs Available in Ra Content M Question 1 - PROJECT: AC X 40,738 Jobs, Employment X + -0 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com... PROJECT: Accounting Cycle 100 points 1 4. Prepare an income statement for the three months ended December 31, 2021. 5. Prepare a statement of retained earnings for the three months ended December 31, 2021. 6. Prepare a classified balance sheet as of December 31, 2021. 7. Record the necessary closing entries as of December 31, 2021. 8. Prepare a post-closing trial balance as of December 31, 2021. Complete this question by entering your answers in the tabs below. Saved eBook Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 References Mc Graw Hill Prepare adjusting entries to reflect a through f. Note: If no entry is required for a transaction or event, select "No journal entry required" in the first account field. View transaction list View journal entry worksheet No Transaction General Journal - 1 a. Computer supplies expense Computer supplies < Required 1 Required 2B > Debit Credit 2,645 2,645 M Sign In | Connect | McGrav Home - Netflix Nanny Jobs Available in Ra Content M Question 1 - PROJECT: AC X 40,738 Jobs, Employment X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com... PROJECT: Accounting Cycle 1 Saved Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 100 points Prepare an adjusted trial balance as of December 31, 2021. BUSINESS SOLUTIONS Adjusted Trial Balance December 31, 2021 Account Title eBook Debit Credit Cash $ 51,582 Accounts receivable 4,050 References Computer supplies 1,070 Prepaid insurance 1,620 Prepaid rent 800 Office equipment 8,600 Accumulated depreciation-Office equipment $ 430 Computer equipment 20,400 Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock 1,275 1,500 460 2,000 67,000 0 Mc Graw Hill Retained earnings Dividends Computer services revenue 7,000 38,849 Depreciation expense-Office equipment 430 Depreciation expense-Computer equipment 1,275 Wages expense 3,500 Insurance expense 540 Rent expense 2,400 Computer supplies expense 3,515 Advertising expense Mileage expense 2,573 764 Miscellaneous expenses 240 Repairs expense-Computer Totals 1,195 $ 111,554 $ 111,514 < Required 2B Required 4 > Prev 1 of 1 Next Finish update: Help Save & Exit Submit Check my work M Sign In | Connect | McGrav Home - Netflix Nanny Jobs Available in Ra Content M Question 1 - PROJECT: AC X 40,738 Jobs, Employment X + -0 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com... PROJECT: Accounting Cycle 100 points 1 4. Prepare an income statement for the three months ended December 31, 2021. 5. Prepare a statement of retained earnings for the three months ended December 31, 2021. 6. Prepare a classified balance sheet as of December 31, 2021. 7. Record the necessary closing entries as of December 31, 2021. 8. Prepare a post-closing trial balance as of December 31, 2021. Complete this question by entering your answers in the tabs below. Saved eBook Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 References Mc Graw Hill Prepare adjusting entries to reflect a through f. Note: If no entry is required for a transaction or event, select "No journal entry required" in the first account field. View transaction list View journal entry worksheet No Transaction General Journal - 1 a. Computer supplies expense Computer supplies < Required 1 Required 2B > Debit Credit 2,645 2,645
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Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
Posted Date:
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