Question: Please help me with quick study 4-10 and 4-12 CHAPTER 4 QS 4-10 Explaining the accounting cycle LO5 List the following steps of the accounting

Please help me with quick study 4-10 and 4-12

Please help me with quick study 4-10 and 4-12
CHAPTER 4 QS 4-10 Explaining the accounting cycle LO5 List the following steps of the accounting cycle in the proper order: e. Preparing the financial statements. a. Preparing the unadjusted trial balance. f. Journalizing transactions. b. Preparing the post-closing trial balance. g. Posting the transaction entries. c. Journalizing and posting adjusting entries. h. Completing the work sheet. d. Journalizing and posting closing entries. QS 4-11 Classifying balance sheet items LO6 The following are categories on a classified balance sheet: d. Intangible assets a. Current assets e. Current liabilities b. Non-current investments f. Non-current liabilities c. Property, plant, and equipment For each of the following items, select the letter that identifies the balance sheet category in which the item should appear. 1. Store equipment 2. Wages payable 3. Cash 4. Notes payable (due in three years) 5. Land not currently used in business operations 6. Accounts receivable 7. Trademarks QS 4-12 Balance sheet classifications LOG In the blank space beside each numbered balance sheet item, enter the letter of its balance sheet classification. If the item should not appear on the balance sheet, enter an h in the blank. a. Current assets e. Current liabilities b. Non-current investments f. Non-current liabilities c. Property, plant, and equipment g. Equity d. Intangible assets h. Does not appear on balance sheet 1. Depreciation expense, trucks 11. Accumulated depreciation, trucks 2. Lee Hale, capital 12. Cash 3. Interest receivable 13. Building 4. Lee Hale, withdrawals 14. Brand name 5. Automobiles 15. Office equipment 6. Notes payable (due in three years) 7. Accounts payable 16. Land (used in operations) 8. Prepaid insurance 17. Repairs expense 9. Land not currently used in business operations 18. Prepaid property taxes 10. Unearned services revenue 19. Notes payable (due in two months) 20. Notes receivable (due in two years) 274

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