After you have posted the adjusting journal entries, close the General Journal then print the following reports accepting all defaults offered by Peachtree:

a. General Journal -(check figure debit = $46,007)

b. Trial Balance -(check figure debit = $39,650)

c. General Ledger Report -(check figure cash = $11,243)

d. Income Statement -(Net Income = $11,543)

e. Balance Sheet -(Total Capital = $20,543)

Review your printed reports. If you have made an error in a posted journal entry, use the procedures detailed in step 18 from chapter 3 to make any necessary corrections. Reprint all reports if corrections are made.

Print Working Reports Record June Adjusting Entries Print Final Statements LO.1