Question: Please read carefully ( i need help ) The general ledger of the Karlin Company, a consulting company, at January 1 , 2 0 2
Please read carefully i need help The general ledger of the Karlin Company, a consulting company, at January contained the following account balances:Account TitleDebitsCreditsCash$ Accounts receivable Equipment Accumulated depreciation $ Salaries payable Common stock Retained earnings Total$ $ The following is a summary of the transactions for the year:Provided services, $ of which $ was on account and the balance was received in cash.Collected on accounts receivable, $Issued shares of common stock in exchange for $ in cash.Paid salaries, $of which $ was for salaries payable at the end of the prior yearPaid miscellaneous expense for various items, $Purchased equipment for $ in cash.Paid $ in cash dividends to shareholders.Additional information:Accrued salaries at yearend amounted to $Depreciation for the year on the equipment is $Required Using the Taccount balances, prepare an unadjusted trial balance Prepare adjusting journal entries using the additional information provided. Post to the Taccounts on the Taccounts tab Using the adjusted Taccount balances, prepare an adjusted trial balancea Prepare an income statement for b Prepare a balance sheet as of December Prepare closing entries, and then post to the Taccounts on the Taccounts tab Prepare a postclosing trial balance.
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