2. Post the transaction to the ledger. Your general ledger cash balance uses a full ledger sheet; use the T Chart for all other accounts. (Transactions a-l are from IP2. However, amounts have been changed.) Colorado Service Center General Ledger Account: Cash CREDIT DEBIT 35,000 49,000 Account Number: 101 Balance DEBIT CREDIT 35,000 84,000 57,500 61.800 58,525 52,525 1 26,500 2 a 3 4.300 Description Trans. Open Balance Notes Payable b. Land d. Service Revenue f Payment on account Expenses Received payment Prepaid Auto Insurance Harper, drawing 4 5 9. 3.100 h. 1 k. Maintenance Expense 4. Cash Loo Chearned Sero Revence ". Salaries Expo L. 350 Isalaries Payable Insurance expen 300 Equipment 17,500 Bal 17,500 Bal. 3,275 6,000 55,625 900 54.725 3,500 51,225 230 50.995 $4,4995 12,995 54,345 1350 52,995 153290 360 52,995 Truck 29,000 29,000 cum. deprec. equipment Accum. deprec. truck 4 Complete the end of the accounting cycle Icon sent statement of owner's Apr 221 Rever CREDIT DEBIT Prepare the adjusted trial balance of Colorado Service Center at April 30, 2021. Colorado Service Center Ad Trial Balance April 30, 2021 750 29.02 ACCOUNT Cash Equipment Truck Accum deprec. equipment Accum. degree, truck Accounts receivable Supplies 3.DO 305 19,760 2270 300 6,120 13,275 149.000 1350 Land Prepaid auto insurance Accounts payable Notes payable Salary payable Utiles payable Unearned Service Revenue Harper, capital Harper, drawing 3D, ODO 13.500 9.860 Service revenue Depreciation expense - Equip Depreciation expense - Truck 750 450 300 Insurance expense Rent expense 31350 Salary expense Supplies expense Maintenance Expense 230 Utilities expense Total 4. Complete the end of the accounting cycle for Colorado Service Center by creating the income statement, statement of owner's equity, and balance sheet for the month ending April 30, 2021 Income Statement Revenue: Expenses: Total Expenses Net Income Statement of Owner's Equity Harper, capital - April 1, 2021 Less: Harper, drawing Balance Sheet Liabilities Assets ipment Accum. Dep. Total Liabilities ccum. Dep. Owner's Equity Total Assets Total Liabilities & OE 131,130 4. Complete the end of the accounting cycle for Colorado Service Center by creating the income statement statement of owner's equity, and balance sheet for the month ending April 30, 2021. Income Statement Revenue: Expenses: Total Expenses Net Income Statement of Owner's Equity Harper, capital - April 1, 2021 Less: Harper, drawing Page 6 o Balance Sheet Liabilities Assets Total Liabilities quipment ss: Accum. Dep. uck ss: Accum. Dep. Owner's Equity Total Assets Total Liabilities & OE 131,130
