1. Journalize each transaction in a two-column journal starting on Page 1. (Do not insert the account numbers in the journal at this time.) Post the journal to a ledger of four-column accounts. Add the appropriate posting reference to the journal. Prepare an unadjusted trial balance. 4. At the end of July, the following adjustment data were assembled. Analyze and use these data to complete requirements (5) and (6). (a) Insurance expired during July is $375. (b) Supplies on hand on July 31 are $1,500. (c) Depreciation of office equipment for July is $750. (d) Accrued receptionist salary on July 31 is $180. (e) Rent expired during July is $2,400. (f) Unearned fees on July 31 are $2,500. (Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on an end-of-period work sheet and complete the work sheet. 6. A. Journalize the adjusting entries on page 3 of the journal. Adjusting entries are recorded on July 31. B. Post the adjusting entries, inserting balances in the accounts affected. 7. Prepare an adjusted trial balance. 8. A. Prepare an income statement for the month ended July 31, 20Y2. B. Prepare a statement of stockholders' equity for the month ended July 31, 20Y2. C. Prepare a balance sheet as of July 31, 20Y2. 9. A. Journalize the closing entries on page 4 of the journal. B. Post the closing entries, inserting balances in the accounts affected. 10. Prepare a post-closing trial balance. 2. 3. 5.

1. Joumalize each transection in a wo column joumal starting on Page t. (Do not insert the account numbers in the joumal at inis ime) 2. Post the joumal to a fedger of four-column accounts. Add the appropriate posting relerence to the joumal: 3. Prepare ari unacfusted trial balance. 4. Af the end of Juyt the following adfustiment dsta wore assembled. Analyze and use these data to complete requirements (5) and (6). (a) Insuranco expired during duly is $375 (b) Supples on hand on huly 31 are $1,500. (c) Depreciasion of atico equipment for Mily is $750 (e) Rent expired during vuly is $2,400. (7) Uhearned fees on Juy 31 are $2,500. 6. A. Joumalse the adjusting entries on page 3 of the journal Adusting entries are recorded on doy 3 ? B. Post the adfusting entries, inserting bolances in the accounts aflocled. 7 Prepare an acfusted trial batance 6. A. Propare an income statement for the month endod July 31,20rz C. Prepare a balance sheet as of Juy 31,20Y2 9. A. Jownafies the closing entries on page 4 of the joumal B. Post the closing erthes, inserting batances in the accounts a Mocted. 1. Joumalize each transection in a wo column joumal starting on Page t. (Do not insert the account numbers in the joumal at inis ime) 2. Post the joumal to a fedger of four-column accounts. Add the appropriate posting relerence to the joumal: 3. Prepare ari unacfusted trial balance. 4. Af the end of Juyt the following adfustiment dsta wore assembled. Analyze and use these data to complete requirements (5) and (6). (a) Insuranco expired during duly is $375 (b) Supples on hand on huly 31 are $1,500. (c) Depreciasion of atico equipment for Mily is $750 (e) Rent expired during vuly is $2,400. (7) Uhearned fees on Juy 31 are $2,500. 6. A. Joumalse the adjusting entries on page 3 of the journal Adusting entries are recorded on doy 3 ? B. Post the adfusting entries, inserting bolances in the accounts aflocled. 7 Prepare an acfusted trial batance 6. A. Propare an income statement for the month endod July 31,20rz C. Prepare a balance sheet as of Juy 31,20Y2 9. A. Jownafies the closing entries on page 4 of the joumal B. Post the closing erthes, inserting batances in the accounts a Mocted