1.prepare manual entries and complete the general and subsidiary ledgers. Prepare an accou ts receivable and accounts payable reconciliation of the subsidiary ledger accounts.compare it to the trial balance.make all required adjusting entries for the dec 31, 20xx year end.and prepare financial statements at dec 31

DR C DR EAST WEST COLLEGE INC. ADETRIAL DEC TRIAL DECEMBER NOVEMBER DR. S CR.S DR-S CR.S DR. S CR-S Cash 248 342 DO 238,052 00 200 060 00 Porn Deposit 1,000,000.00 1,000,000 50 10.00 Accrued Interest Receivable 2,5080 00 0.00 10 00 Accounts Receivable Control 111,300 00 111,300 00 14,700 00 Allowance for Doubtful Accounts 9,300 00 0,00 Inventory 6, 255 00 58,090 00 10,060 00 Deposit 0.00 20,000 60 75,000 00 Prepaid 28,900,00 0:00 0 00 Land 0,00 100,060 00 100,090 00 Building 0.00 300,000 00 300,009 00 A D - Building 0.DO 22.125 00 22,125.00 Furniture & Equipment 25,800 00 28,800 00 10,000 00 A D- Furniture & Equipment 5,520.00 2,804,00 2,800 00 Computer Equipment 7,000,00 4,090.07 10:00 A D - Computer Equipment 3,500 00 10 00 Leasehold Improvements 90,000,00 90,000.09 0.00 A D. Leasehold Improvements 1,500.00 Investments 80,000.00 80,000 00 Accounts Payable Control 73,752.00 73,752.00 Accrued Accounts Payable 12920 00 2,000.00 GST Payable 0.00 0:00 980.00 Income Taxes Payable 1,280 00 12,050 00 0.00 CPP Payable 0.00 4.505 00 0.00 FI Pavable 0.00 420.00 0.00 Holiday Pay Payable 0.00 288 00 Corporate Taxes Payable 2.484.00 2.484.00 55,300.00 200.00 Deferred Revenue 24,200.00 22,200.00 50,000.00 0:00 Mortgage Payable 0.00 0.00 Shareholder Loan - LASKER 100.000.00 103,320.00 100,000.00 Shareholder Loan- ARIE 103,320.00 122, 165.00 105,000 00 Common Shares 122,165.00 125,000.00 Preferred Share 100.00 100.00 100,00 100.00 Retained Earnings 100.00 240,732.00 100.00 Dividends 10,000.00 240,732.00 240,732.00 Customized Training 10,000.00 120,000.00 10,000.00 General Training 120,000.00 1,402,000,00 120,000.00 Course Materials 26.745.00 1,452,000.00 Internal Materials- Printing Costs 475,000.00 1.200.000.00 25,000.00 75.000.00 Subcontract 25,000.00 180,400.00 25,000.00 Travel Costs 180.400.00 1.962.00 40,000.00 Advertising & Promotion 1,962.00 15,900.00 0.00 Amortization 15,900,00 20.456.00 14000.00 Bad Debts 9.300.00 0.00 10.00 Bank Charges & Interest 0,00 2.125.00 000 Donations 1.925.00 5,000.00 1800.00 Insurance 8,000.00 5,000.00 00 Interest on LT Debt 34,200.00 24,000.00 24,000.00 Meals S Entertainment- 0%% 33,000.00 Meals S Entertainment- 50% 8,555.00 $3,000.00 8.555.00 2,700.00 2,250.00 Meals S Entertainment- 100% 10,260.00 2,700.00 2,460.00 Memberships Miscellaneous 6,000.00 10,260.00 6,000.00 18,000.00 Occupancy Costs 0.00 _0000 Professional Fees 1,600.00 10,500.00 10,500.00 9,600.00 11,600.00 000 Repairs and Maintenance 500.00 11,600.00 9,500.00 Wages& Benefits- Salary 84,100.00 500.00 0.00 Wages& Benefits- CPP Wages& Benefits-EI 2.525.00 34,100.00 2,525.00 77,000.00 Wages& Benefits- Holiday 1,495.00 2.484.00 1,495.00 2.310.00 Interest Income 1.320.00 2,484.00 Gain Loss on Disposal 2,500.00 2,200.00 0.00 Income Taxes Expense 712,361.00 0.00 79.300.00 1,050,000.00 0.00 2.887.614.00 2.887.614.00 3,290,858.00 3.290,858.00 1,948,240.00 1,948.240.00 NAME: 44