prepare journal: ledger: worksheet: adjustments: statement: closing entries: post closing trial balance: JR World Expeditions is

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JR World Expeditions is a travel agency that offers international and local travel packages. The company is owned and operate

begin{tabular}{|l|c|} hline Accounts Payable & 200 hline Interest Payable & 205 hline Salary Payable & 210 hlin

prepare journal:

begin{tabular}{|c|l|c|c|c|} hline Journal & Daccount Titie and Explanation & PR & PR & Page 1 hline & & & & hline &

ledger:

begin{tabular}{|c|c|c|c|c|c|c|} hline Account: & multicolumn{1}{|c|}{ Cash } & & multicolumn{2}{|c|}{ GL No: } hline

begin{tabular}{|c|c|c|c|c|c|c|} hline Account: & multicolumn{2}{l|}{ Prepaid Insurance } & & multicolumn{2}{|l|}{ GL No:

worksheet:

adjustments:

statement:

JR World Expeditions Income Statement For the Month Ended September 30, 2023 begin{tabular}{|l|l|l|} hline multicolumn{3}{

JR World Expeditions Statement of Owners Equity For the Month Ended September 30, 2023

closing entries:

post closing trial balance:

begin{tabular}{|l|c|c|} hline multicolumn{3}{|c|}{ JR World Expeditions } hline multicolumn{3}{|c|}{ Post-Closing Tri

Transcribed Image Text:

JR World Expeditions is à travel agency that offers international and local travel packages. The company is owned and operated by James Robertson. The closing balances at the end of August 2023 and the chart of accounts are shown below. Assets Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Total Assets ASSETS Cash Account Description Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation LIABILITIES Accounts Payable Interest Payable Salary Payable Linnarmad Daunnun. JR World Expeditions Balance Sheet As at August 31, 2023 Liabilities $31,250 Accounts Payable $10,800 Unearned Revenue $0 Bank Loan $35,000 Note Payable -$9,000 Total Liabilities Robertson, Capital $68,050 Total Liabilities & Owners' Equity Account # 101 105 110 120 125 200 205 210 10 Account Description REVENUE Service Revenue EXPENSES Advertising Expense Depreciation Expense Insurance Expense Interest Expense Salaries Expense Telephone Expense Travel Expense 10ant Cunanca $14,500 $11,000 $32,400 $57,900 $10,150 $68,050 Account # 400 500 510 515 520 545 550 555 JR World Expeditions is à travel agency that offers international and local travel packages. The company is owned and operated by James Robertson. The closing balances at the end of August 2023 and the chart of accounts are shown below. Assets Cash Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation Total Assets ASSETS Cash Account Description Accounts Receivable Prepaid Insurance Equipment Accumulated Depreciation LIABILITIES Accounts Payable Interest Payable Salary Payable Linnarmad Daunnun. JR World Expeditions Balance Sheet As at August 31, 2023 Liabilities $31,250 Accounts Payable $10,800 Unearned Revenue $0 Bank Loan $35,000 Note Payable -$9,000 Total Liabilities Robertson, Capital $68,050 Total Liabilities & Owners' Equity Account # 101 105 110 120 125 200 205 210 10 Account Description REVENUE Service Revenue EXPENSES Advertising Expense Depreciation Expense Insurance Expense Interest Expense Salaries Expense Telephone Expense Travel Expense 10ant Cunanca $14,500 $11,000 $32,400 $57,900 $10,150 $68,050 Account # 400 500 510 515 520 545 550 555

Related Book For answer-question

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Fundamental Accounting Principles

Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Posted Date: Mar 07, 2023 06:19 AM

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