10:16 Done Check Figures.xlsx ACC Active Chance Neocom Timelt Cand flower Open Auto PT Bare DR SITRON $12.7 S.S. Rubrics Instr Trans Cota GJ SJ CR PJ ACCG 260 - Accounting Cycle Review Instructii Complete the following the metal ay tweede 1 were when I LORO remonyetem em Deep is being with the shemale wyday ARI Aceh AA up the 4 Mender . Potom Primeros how in Ruben for General Ledger Link Label Le recent Worst the 5 hp and the inte focarded condo - at Sample and the Aman Rondra pem Coethe wat + higai . Perpart LX Pop Cute camily trailer and a - Salme with all which alone come Sayad 1ODream 10 Mars the country Ampuh Center for the balance of the set ledende in the app.com Il parapenteng dalawa Spring 2019 ACCG 260: Accounting Review Check Figures: Cash Balance Unadjusted Trial Balance Net Income Total Assets Cash flow From Operating Activities Post-Closing Trial Balance total DR $39,189.64 S173,503.14 total debits on column 1 of the worksheet $12,786,50 $120,589.64 (Note: this is not the same as column 9 of the worksheet) (55,810.36) $123,089.64 Complete the following for the month of January 20XX. Use two decimals for all amounts. Determine the appropriate Joumal in which to record "Transfab transactions (GJ, SJ, CR, PJ, CD. PAY). If no journal entry should be made, use "N/A" as the description. (This occurs only once) 2 Journalize the transactions in the appropriate journals Use only the accounts listed in the chart of accounts (CofA), Don't include explanations All further steps involve linking. While I strongly suggest you link, there will be no deductions for not linking. 3 Post the journal entries to the subsidiary ledgers daily. Link Ledgers to Journals. a Accounts Receivable (AR). b Accounts Payable (AP) c Fixed Assets (FA). Employee Earnings (EB) 4 At the end of the month Foot and Crossfoot Special Journals. Post totals from dedicated account columns in the Special Journals to GL Post individual amounts from the "Other" columns in Special Journal to GL Post individual amounts from the General Journal to GL Keep running account balances for all General Ledger accounts Prepare the Unadjsuted Trial Balance in the first two columns of the Worksheet (WS) Link Ledgers to Journals. Link the Unadjsuted Trial Balance in the Worksheet to the GL ending account balances 5 Prepare and label Adjustments in columns 3 and 4 of the Worksheet: (Show your calculations) a Record one month's depreciation on the store equipment b Record one month's depreciation on the van. c Record one month's accrued interest expense on the note payable. d Supplies on hand at the end of the month, $500 e A physical inventory count shows on hand $13,400 Record accrued wages on January 31. (Don't accrue payroll taxes). g Bad debts are estimated at 5% of the accounts receivable balance. 6 Complete the worksheet 7 Prepare financial statements for the month of January a Prepare an multi-step income statement for the month ended January 31, 20XX. (IS-RE) b Prepare a retained earnings statement for the month ended January 31, 20XX (IS-RE)
