Question: Problem 1 : P3-33A Background: Assignment: Laughter Landscaping collected the following data for the December 31, 1) Using the General Journal tab, click Add Transaction
Problem 1 : P3-33A Background: Assignment: Laughter Landscaping collected the following data for the December 31, 1) Using the General Journal tab, click Add Transaction to journalize w 2018 adjusting entries, as well as subsequent entries related to those each 12/31 adjustment. Click Post Transaction once you complete adjustments. the entry, then repeat these steps for each adjusting entry. 2) Using the General Journal tab, click Add Transaction to journalize each subsequent transaction related to the 12/31 adjustments Click Post Transaction once you complete the entry, then repeat these steps for each subsequent transaction. 3) Click the Reports tab and view the results of recording these Transactions: 12/01/2018 Each Friday, Laughter pays employees for the current week's work. The amount of the weekly payroll is $8,000 for a live day workweek. This year, December 31 falls on a Tuesday. Laughter will pay its employees on January 3. 12/31/2018 on January 1 of the current year, Laughter purchased an insurance policy that covers two years, 58,000 12/31/2018 The beginning balance of Office Supplies was $4,300. During the year, Laughter purchased office supplies for $5,000, and at December 31 the office supplies on hand total $1,500. SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Debit Accounts Date No transactions in Journal
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
