The following unadjusted trial balance was taken from the ledger of Mirandas Management Services on 30 June

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The following unadjusted trial balance was taken from the ledger of Miranda’s Management Services on 30 June 2019.

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(a) Prepare a 10‐column worksheet using the following additional information on 30 June 2019.
i. Accrued wages, $18 000 iii. Depreciation on equipment, $60 000 ii. Expired insurance, $16 000

(b) Prepare an income statement, a statement of changes in equity and a balance sheet.

(c) Record the adjusting and closing entries in the general journal.

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Accounting

ISBN: 9780730363224

10th Edition

Authors: John Hoggett, John Medlin, Keryn Chalmers, Beattie Claire, Hellmann Andreas, Maxfield Jodie

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