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2-a. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a. Expired insurance, $573. b. Ending
2-a. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a. Expired insurance, $573. b. Ending store supplies inventory, $2,652. c. Ending office supplies inventory, $524. d. Depreciation of store equipment, $587. e. Depreciation of office equipment, $349. 2-b. Prepare all necessary ledgers for accounting adjustments. 2-c. Prepare a work sheet for the month ended May 31. 3-a. 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. 4-61. 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 Req 2B Reg 2C Reg 3A Reg 3B Reg 3C Reg 4A Reg 431 Reg 432 Prepare a work sheet for the month ended May 31. COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet & Statement of Equity Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit $ 145,532 19,700 73,762 Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance 783 5,638 2-a. Complete the work sheet using the following information for accounting adjustments. Prepare and post adjusting and closing entries. a. Expired insurance, $573. b. Ending store supplies inventory, $2,652. c. Ending office supplies inventory, $524. d. Depreciation of store equipment, $587. e. Depreciation of office equipment, $349. 2-b. Prepare all necessary ledgers for accounting adjustments. 2-c. Prepare a work sheet for the month ended May 31. 3-a. 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. 4-61. 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 Req 2B Reg 2C Reg 3A Reg 3B Reg 3C Reg 4A Reg 431 Reg 432 Prepare a work sheet for the month ended May 31. COLO COMPANY Work Sheet for Month Ended May 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet & Statement of Equity Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit $ 145,532 19,700 73,762 Cash Accounts receivable Merchandise inventory Office supplies Store supplies Prepaid insurance 783 5,638
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