Question: The completed work sheet for Juarez Design for the month of March is in your Working Papers or in CengageNow. Required 1. Journalize the adjusting

The completed work sheet for Juarez Design for the month of March is in your Working Papers or in CengageNow.


Required

1. Journalize the adjusting entries.

2. Prepare an income statement.

3. Prepare a statement of owner’s equity. Assume that no additional investments were made in March.

4. Prepare a balance sheet.


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Juarez Design Work Sheet For Month Ended March 31 20 TRIAL BALANCE ADJUSTMENTS ACCOUNT NAME DEBIT CREDIT DEBIT CREDIT Cash 458700 Supplies 48000 f 30000 Prepaid Insurance 186000 a 15500 Design Furnish... View full answer

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