Question: Required prepare in attached excel sheet A) journal B) T Account (Ledger account) C) trial balance D) statement of changes in equity E) balance sheet

Required prepare in attached excel sheet A) journal B) T Account (Ledger account) C) trial balance D) statement of changes in equity E) balance sheet
Accenture PLC is a multinational professional services company that specialises in information technology services and consulting. Following are the transactions for the year 2014. 2014 Details of Transactions Jan-01 Accenture Co acquired $385,000 from the issue of common stock. Feb-02 Collected $60,000 as an advance for technical services yet to be provided over one year starting May 1. I Feb-25 Provided $26,460 of Technical Assistance Services on account. Mar-31 Paid $120,000 cash for the extension of the Office Building. Apr-15 Purchased $24,000 cash for a one-year insurance policy with coverage initiating 1* of July. Jun-10 Collected $18,400 from accounts receivable. Jul-25 Purchased $3,000 of Stationary for office use on the account. Aug-15 Paid $32,000 Cash for Wages to employees. Nov-10 Paid a dividend of 3% of Total Equity. Dec-01 Paid $3,000 to settle accounts payable related to stationery. Dec-20 $3,500 is recognized as Utility Bill expenses on account. 3 Adjustments As of 31" December 2014, 1 Stationery of value $1,000 was found left in store that could be used next year. 2 Earned S40,000 of the S60,000 of revenue deferred on Feb 2. Recognized S1,200 Rent revenue which is not received until 31" December 2014. S8000 was found accrued of Wages. Had used half of the S24.000 of insurance coverage that it had paid for on 15th April Accenture PLC had the following Balances at the beginning of li January 2014. a. Cash: $15,000, b. Common Stock $15,000 c. There was no Retained Earnings opening balance. 4 a
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
