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1. Record each transaction in the journal using the following chart of accounts Explanations are not required. Retained Earnings Dividends Income Summary Service Revenue Salaries
1. Record each transaction in the journal using the following chart of accounts Explanations are not required. Retained Earnings Dividends Income Summary Service Revenue Salaries Expense Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation Truck Depreciation Expense-Truck Accounts Payable Salaries Payable Unearned Revenue Common Stock Insurance Expense Fuel Expense Rent Expense Supplies Expense 2. 3. 4. 5. Post the transactions in the T-accounts. Prepare an unadjusted trial balance as of December 31, 2016 Prepare a worksheet as of December 31, 2016 Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-accounts 1. Record each transaction in the journal using the following chart of accounts Explanations are not required. Retained Earnings Dividends Income Summary Service Revenue Salaries Expense Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation Truck Depreciation Expense-Truck Accounts Payable Salaries Payable Unearned Revenue Common Stock Insurance Expense Fuel Expense Rent Expense Supplies Expense 2. 3. 4. 5. Post the transactions in the T-accounts. Prepare an unadjusted trial balance as of December 31, 2016 Prepare a worksheet as of December 31, 2016 Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-accounts
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