1. Prepare manual entries and complete the general and subsidiary ledgers. 2. Prepare an account receivable and account payable reconciliation of the subsidiary ledger accounts to the control account. 3. Compare it to the Trial Balance provided 4. Make all required adjusting entries for the December 31,20XX Year End 5. Prepare financial statements at December 31 . ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER Account Name Limerick Corporation Zara Inc. NewGen Limited AccuTax Consultants Sleep Well Bedding Corp. Real Amusement ACCOUNTS PAYABLE SUBSIDIARY LEDGER Account Name Oncolytics Biotech D2C Corporation High Arctic Limited HR Accountant Ltd Enbridge Inc. Mercer Inc. INCOME STATEMENT Number Account Title Revenue Customized Training General Training 4100 Costs of Goods Sold Course Materials -Purchased 4200 Inter materials-Printing Cost Sub Contract Travel Costs 5010 5020 5100 5150 Variable Expenses Advertising and promotion Amortization. Bad Debts Bank Charges and Interest Donations Insurance Interest on L/T Debt Meals and Entertainment Meals and Entertainment Meals and Entertainment Memberships \begin{tabular}{ll} \hline & 5200 \\ & 5230 \\ & 5260 \\ & 5290 \\ & 5320 \\ & 5330 \\ & 5340 \\ & 5360 \\ & 5370 \\ 100% deductible & 5380 \\ & 5450 \end{tabular} MealsandEntertainmentMealsandEntertainmentMembershipsMiscellaneousOccupancyCostsProfessionalFeesRepairs&MaintenanceWage&Benefits-SalariesWage&Benefits-CPpExpensesWage&Benefits-ElExpensesWage&Benefits-HolidayPayExpensesNon-OperatingIncome&ExpensesInterestIncomeGain/LossonDisposal50%Deductible100%Deductible54505480554055805610564056505660567059005920599053705380 \begin{tabular}{lc} \hline ACCUTAX CONSULTANTS & NO. PP 3322 \\ 675 Harbour Point & \\ Alberta, & December 16,20XX \\ PAY TO & $8,400.00 \\ THE ORDER OF EAST WEST COLLEGE & 00/XX DOLLARS \\ Eight Thousand Four Hundred & \end{tabular} TDBANK 777 HUNTERHORN ALBERTA. I 6661 6:66661:6616 lona lail Deposited today (Dec 18) on slip (603-12) THERE WAS A BUSINESS MFHTING AND WE HAD LUNCH TOGETHER Anywny, the restarant bill wai $200+ GST of $10+a tip of $40. Please teimburse me $250.00 today (i2143), Note: GST recoverable is 50% Please pay monthly Income Tax Instalment of $2000(12144) for December as Corporate Taxes Payable Thanks, M. Lasker MEMORANDUM NAME: 17 TO: Bill Buenay FROM: M Lasker Please make the GST Remittances (normally monthly) to the Receiver Gieneral for November (i2147) now as we will be closed until January 5,20XX+1. For Computer Software Applieations: MEMORANDUM TO: Bill Bugnay FROM: M. Lasker MEMO \#124 December 18,20X Eor computer software Applications \& Manual Bookkeeping: Prepare the Bank Reconciliation Eor Computer Software Applications Only: Please Print the T4 slips for the year Thanks EAST WEST COLLEGE Bank Reconciliation December 20XX Balance per bank statement Add Outstanding Deposits Less Outstanding Cheques Balance per General Ledger $210,500.00 1984210,500.0000.00 $200,000.0010,500.00 Bank Reconciliation December 20XX Balance per bank statement $256,001.00 Add Outstanding Deposits NAME: 18
