-01,2,3 SA-3. As the bookkeeper of Pani's Plowing, you have been asked to complete the entire accounting cycle for Panji from the following information. S50 / QB 2018 Nov. 1 6 Panji invested $11,000 cash and $9,600 worth of snow equipment into the plowin company. Paid rent 3 months in advance for garage space, $1,500. Purchased office equipment from Lally Corp. for $6,000 on account. Purchased snow supplies for $700 cash. Collected $7.000 from plowing local shopping centers. Panji Maki withdrew $6,000 from the business for personal use. Plowed Middleton parking lots, payment not to be received until January, $2.500. Paid salaries to employees, $1,800. Paid Lally Corp. one-half amount owed for office equipment. Advertising bill received from Garfield Co. but will not be paid until January, 5900. Paid telephone bill, $160. 12 20 26 28 29 30 -01,2 Use the following chart of accounts. Chart of Accounts Assets Owner's Equity 111 Cash 311 P. Maki, Capital 112 Accounts Receivable 312 P. Maki, Withdrawals 114 Prepaid Rent 313 Income Summary 115 Snow Supplies Revenue 121 Office Equipment 411 Plowing Fees 122 Accumulated Depreciation, Office Equipment Expenses 123 Snow Equipment 511 Salaries Expense 124 Accumulated Depreciation, Snow Equipment 512 Advertising Expense Liabilities 513 Telephone Expense 211 Accounts Payable 212 Salaries Payable 514 Rent Expense 515 Snow Supplies Expense 516 Depreciation Expense, Office Equipment 517 Depreciation Expense, Snow Equipme Home View 19 Wrap Ten Insert Draw Page Layout Formulas Data Review Aria 10 AAEE BI O -A x x PROBLEM SA 3 General $ -% -D. Conditional Format Cel 3 ine . Format Share 4. O. Sort Find com 4 de Merge & Center Delete Peste A1 PANAS PLOWING FOR MONTH ENDED NOVEMBERK Worksheet Journal Journal Journal Ledger Ledger Ledige Leder Ledger IS O E BAL SHEET POST CLTS + Home Insert Draw Page Layout Formulas Data Review View Share .com BI O A Merge & Cart S - % 9 X PANTS PLOWING Home insert Draw Page Layout Formulas Data Review View Share .com PANAS PLOWING SAL SHEET POST CLS + Home Insert Draw Page Layout Formulas Data Review View Share .com BI O A Merge & Cart S - % 9 X PANTS PLOWING AL SHEET POST GLTS + Home Insert Draw Page Layout Formulas Data Review View Share .com BIVOLA S - 96 9 PROBLEM SA KONTINUEDI IN TA MATERIAL Jom S AL SHEET POST CLTS Home Insert Draw Page Layout Formulas Data Review View Share .com S - % 9 - PROBLEM SA CONTINUEDI OFFICE EVENT ACGILANCERCATO QUE - PL ACCOUNT NO 13 AGAR BEARON Home insert Draw Page Layout Formulas Data Review View Share .com S - 96 9 INCOME SUMMARY TA WI O AL SHEET POST GLB Home Insert Draw Page Layout Formulas Data Review View Share .com S - % 9 - PROBLEM SA KONTINUED O AL SHEET POST GLB Home Insert Draw Page Layout Formulas Data Review View Share .com S - 96 9 PROBLEM SA CONTINUEDI Home insert Draw Page Layout Formulas Data Review View Share .com PANAS PLOWING Work www Law Laser Lawren c e Home Insert Draw Page Layout Data View Come Review = 10 Formulas A A -A ' Arial BI LU Peste wrap Text Merge & Center 7.1. Conditional Format Cel Share 27.0. Sort Find - ine O $ -% Delete Format de PROBLEM SA CONTINUE STATEMENT OF OWNERSEGUITY FOR THE MONTH ENDED NOVEMBER 2017 Worksheet Journal Journal Journal Led Leder Ledger Led Led IS O E BAL SHEET POST CLTS + Home Page Layout Data View Insert Draw Aria BI Formulas A A' -A Review = 10 Wap Tea 02- Conditional Format . Cel LU Peste . ine Share 27. O. Sort Find . Format com - de O Merge & Center $ -% Delete Journal Journal Led Leder Leder Leder Ledger 135 CE AL SHEET POST CLTB + Home insert Draw Page Layout Formulas Data Review View Share 28. O .com 4 Merge - $ - % X NOVEMBER 30, 2013 PANTS BLOW POST CLOSTAL BALANCE W E ALSO POST CLB + 176 CHAPTER 5 The Accounting Cycle Completed Check Figure: Net Income $5,290 Adjustment Data a. Snow supplies on hand, $300. b. Rent expired, $500. c. Depreciation on office equipment, $100: ($6,000/5 yr. = $1,200/12 mo. = $100). d. Depreciation on snow equipment, $160: ($9,600/5 yr. = $1,920/12 mo. = $160). e. Accrued salaries, $190. 176 CHAPTER 5 The Accounting Cycle Completed Check Figure: Net Income $5,290 Adjustment Data a. Snow supplies on hand, $300. b. Rent expired, $500. c. Depreciation on office equipment, $100: ($6,000/5 yr. = $1,200/12 mo. = $100). d. Depreciation on snow equipment, $160: ($9,600/5 yr. = $1,920/12 mo. = $160). e. Accrued salaries, $190