Required:

$2.$ Record each of the summary transactions listed above.

$4.$ Prepare an unadjusted trial balance.

$5.$ Record adjusting entries. Accrued salaries at year$-$end amounted to $$19,600.$ Depreciation for the year on the equipment is $$5,000.$ Office supplies remaining on hand at the end of the year equal $$1,200.$

$7.$ Prepare an adjusted trial balance.

$8-$a$.$ Prepare the income statement for the year ended December $31,2024.$

$8-$b$.$ Prepare the classified balance sheet for the year ended December $31,2024.$

$9.$ Record closing entries.

$1.,3.,6.,$ & $10.$ Post the transactions, adjusting entries and closing entries to the T$-$accounts. Be sure to include beginning balances.

$11.$ Prepare a post$-$closing trial balance.

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$\backslash$table$[[$Req $2,$Req $4,$Req $5,$Req $9,\backslash$table$[[$Req $1$ and $3],[$

The general ledger of Red Storm Cleaners at January $1,2024,$ includes the following account balances:

$\backslash$table$[[$Accounts$,$Debits,Credits$],[$Cash$,$$$20,000,],[$Accounts Receivable,$8,000,],[$Supplies$,4,000,],[$Equipment$,15,000,],[$Accumulated Depreciation,,$$5,000$and $6$ and$],$

Prepare an unadjusted trial balance

Answer rating: 100% (QA)

To prepare an unadjusted trial balance we list all the accounts and their balances from the general ledger as of January 1 2024 Accounts Debits Credit... View the full answer