2-0. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries e. Expired insurance. $553. b. Ending store supplies inventory, $2.632 c. Ending office supplies inventory. $504. d. Depreciation of store equipment. $567. e. Depreciation of office equipment, $329. 2-b. Prepare all necessary ledgers for accounting adjustments 2-c. Prepare a work sheet for the month ended May 31 3-o. Prepare a May multiple-step income statement 3-b. Prepare a May statement of owner's equity. 3-c. Prepare a May 31 classified balance sheet 4-o. Prepare a post-closing trial balance. 4-61. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivable. 4-b2. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 2c Reg 3A Reg 38 Reg 3C Reg 4A Reg 4B: Reg 452 Prepare a work sheet for the month ended May 31. COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Income Statement Balance Sheet or Statement of Owner's Equity Debit Credit Debit Credit Debit Credit Debit Credit Account Title Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance Office equipment Acum depr.-Office equipment Sion equipment Acum depr. -Store equipment Accounts payable Jenny Coin Capital Jenny Col Withdrawal Sales Sales discounts Sam and slowane Coat of goods sold Dese. Extreme eduprent Der spennent COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Income Statement Balance Sheet or Statement of Owner's Equity Debit Credit Account Title Debit Credit Debit Credit Debit Credit Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance Office equipment Accum. depr. - Office equipment Store equipment Accum, depr.- Store equipment Accounts payable Jenny Colo, Capital Jenny Colo, Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold Depr. Expense-Office equipment Depr. Expense-Store equipment Office salaris expense Sales salaries expense Insurance expense Rent expense, office space Rent expense, selling space Office supplies expense Store supplies expense Uulites expense Totals Net income Totals $ 0 $ 0 $ 05 0 $ 0 $ 0 $ OS 0 S 0 $ 0 $ 0 2-. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a. Expired insurance, $553. b. Ending store supplies inventory, $2,632 c. Ending office supplies inventory. $504, d. Depreciation of store equipment. $567. e. Depreciation of office equipment. $329. 2-b. Prepare all necessary ledgers for accounting adjustments 2.c. Prepare a work sheet for the month ended May 31. 3-o. Prepare a May multiple-step income statement 3-b. Prepare a May statement of owner's equity 3-c. Prepare a May 31 classified balance sheet. 4 a. Prepare a post-closing trial balance 4-51. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivable, 4 b2. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable. COLO COMPANY Income Statement For Month Ended May 31 Revenues Net sales 0 Operating expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total operating expenses 0 COLO COMPANY Statement of Owner's Equity For Month Ended May 31 0 GA 0 COLO COMPANY Balance Sheet May 31 Assets Current assets Total current assets 0 Plant assets Total plant assets Total assets s 0 Liabilities Current liabilities Total liabilities $ 0 Equity Total liabilities and equity S 0 COLO COMPANY Post-Closing Trial Balance May 31 Debit Credit Totals $ 0 0 COLO COMPANY Schedule of Accounts Receivable May 31 Crane Corp. Hensel Company Knox, Inc. Lee Services Total accounts receivable S 0 COLO COMPANY Schedule of Accounts Payable May 31 Peyton Products Gear Supply Co. Fink Corp. Garcia, Inc. Total accounts payable $ $ 0 2-0. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries e. Expired insurance. $553. b. Ending store supplies inventory, $2.632 c. Ending office supplies inventory. $504. d. Depreciation of store equipment. $567. e. Depreciation of office equipment, $329. 2-b. Prepare all necessary ledgers for accounting adjustments 2-c. Prepare a work sheet for the month ended May 31 3-o. Prepare a May multiple-step income statement 3-b. Prepare a May statement of owner's equity. 3-c. Prepare a May 31 classified balance sheet 4-o. Prepare a post-closing trial balance. 4-61. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivable. 4-b2. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 2c Reg 3A Reg 38 Reg 3C Reg 4A Reg 4B: Reg 452 Prepare a work sheet for the month ended May 31. COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Income Statement Balance Sheet or Statement of Owner's Equity Debit Credit Debit Credit Debit Credit Debit Credit Account Title Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance Office equipment Acum depr.-Office equipment Sion equipment Acum depr. -Store equipment Accounts payable Jenny Coin Capital Jenny Col Withdrawal Sales Sales discounts Sam and slowane Coat of goods sold Dese. Extreme eduprent Der spennent COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Income Statement Balance Sheet or Statement of Owner's Equity Debit Credit Account Title Debit Credit Debit Credit Debit Credit Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance Office equipment Accum. depr. - Office equipment Store equipment Accum, depr.- Store equipment Accounts payable Jenny Colo, Capital Jenny Colo, Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold Depr. Expense-Office equipment Depr. Expense-Store equipment Office salaris expense Sales salaries expense Insurance expense Rent expense, office space Rent expense, selling space Office supplies expense Store supplies expense Uulites expense Totals Net income Totals $ 0 $ 0 $ 05 0 $ 0 $ 0 $ OS 0 S 0 $ 0 $ 0 2-. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a. Expired insurance, $553. b. Ending store supplies inventory, $2,632 c. Ending office supplies inventory. $504, d. Depreciation of store equipment. $567. e. Depreciation of office equipment. $329. 2-b. Prepare all necessary ledgers for accounting adjustments 2.c. Prepare a work sheet for the month ended May 31. 3-o. Prepare a May multiple-step income statement 3-b. Prepare a May statement of owner's equity 3-c. Prepare a May 31 classified balance sheet. 4 a. Prepare a post-closing trial balance 4-51. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts receivable, 4 b2. Prove the accuracy of subsidiary ledgers by preparing schedules of accounts payable. COLO COMPANY Income Statement For Month Ended May 31 Revenues Net sales 0 Operating expenses Selling expenses 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total operating expenses 0 COLO COMPANY Statement of Owner's Equity For Month Ended May 31 0 GA 0 COLO COMPANY Balance Sheet May 31 Assets Current assets Total current assets 0 Plant assets Total plant assets Total assets s 0 Liabilities Current liabilities Total liabilities $ 0 Equity Total liabilities and equity S 0 COLO COMPANY Post-Closing Trial Balance May 31 Debit Credit Totals $ 0 0 COLO COMPANY Schedule of Accounts Receivable May 31 Crane Corp. Hensel Company Knox, Inc. Lee Services Total accounts receivable S 0 COLO COMPANY Schedule of Accounts Payable May 31 Peyton Products Gear Supply Co. Fink Corp. Garcia, Inc. Total accounts payable $ $ 0
