Question: please help please help please use the accounts to answer the following question 4. The following general ledger accounts are included in the trial balance

please help please help please help please use the accounts to answer the following
please help
question 4. The following general ledger accounts are included in the trial
balance for dit client, ABC company Required: Identify the accounts in the
trial balance that are likely to be included in each transaction cycle.
Some accounts will be included in more than one cycle. Use the
please use the accounts to answer the following question
format that The following general ledger accounts are included in the trial

4. The following general ledger accounts are included in the trial balance for dit client, ABC company Required: Identify the accounts in the trial balance that are likely to be included in each transaction cycle. Some accounts will be included in more than one cycle. Use the format that The following general ledger accounts are included in the trial balance for an audit client, ABC company 4 Trial Balance for Company ABC Difference as on DD-MM-YYYY Closing Balance from Ledger Accounting Heads Debit Credit PETTY CASH CASH IN CURRENT AIC CASH IN SAVINGS A/C ACCOUNTS RECEIVABLE BAD DEBTS RESERVE STOCK INVENTORY INSURANCE ADVANCE PAID EXPENSES OFFICE SUPPLY DEPOSITS WITH UTILITY COMPANIES NOTES RECEIVABLE INVESTMENTS ORGANIZATION EXPENSE VEHICLES DEPRECIATION - VEHICLES FURNITURE AND FIXTURES DEPRECIATION - FURNITURE AND FIXTURES EQUIPMENT DEPRECIATION - EQUIPMENT BUILDINGS DEPRECIATION - BUILDINGS LAND GOODWILL OTHER INTANGIBLE ASSETS ACCOUNTS PAYABLE SALES TAX PAYABLE OTHER TAXES PAYABLE OTHER TAXES PAYABLE OTHER TAXES PAYABLE OTHER TAXES PAYABLE ACCRUED WAGES UNEARNED REVENUE ACCRUED INCOME TAXES CREDIT CARD BANK LOAN NOTES PAYABLE INTEREST EXPENSE MAINTENANCE MISCELLANEOUS OFFICE EXPENSE OPERATING SUPPLIES PAYROLL TAXES PERMITS AND LICENSES POSTAGE PROFESSIONAL FEES PROPERTY TAXES RENT REPAIRS TELEPHONE TRAVEL UTILITIES VEHICLE EXPENSES WAGES INCOME TAXES Totals Required: Identify the accounts in the trial balance that are likely to be included in each transaction cycle. Some accounts will be included in more than one cycle. Use the format that follows Cycle Balance Sheet accounts Income Statement accounts Sales and collection Acquisition and payment Payroll and personnel Inventory and warehousing Capital acquisition and repayment Required: Identify the accounts in the trial balance that are likely to be included in each transaction cycle. Some accounts will be included in more than one cycle. Use the format that follows Cycle Balance Sheet accounts Income Statement accounts Sales and collection Acquisition and payment Payroll and personnel Inventory and warehousing Capital acquisition and repayment

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!

Q:

\f