6 Comprehensive Problem 2, Part 1 astructions Chart of Accounts I Journal Ledger Unadjusted Trial Balance structions Adjusted Trial Balance Shag 7. Prepare an adjusted trial balance. Accounts with zero balances can be left blank. How does grading work? Palisade Creek Co. Score: 82/95 ADJUSTED TRIAL BALANCE May 31, 2017 ACCOUNT TITLE DEBIT CREDIT 1 Cash 99,430.00 2 Accounts Receivable 245,875.00 3 Merchandise Inventor 583 95000 Check My Work Instre Chart of Accounts Labels and Amount Descriptions Income Statement instructions Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. During May, the last month of the fiscal year, transactions were completed. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: 8. If you completed the end of period work sheet in Part I, use the adjusted trial alone figures to prepare au Income statement, a statement of ownersepulty, and a balance sheet you dides complete the end of period work sheet in Part I, we the ledger (the Excel spreadsheet) to prepare an income statement, a stament of ownersepulty, and a balance sheet 9. A Prepare the desing entries. Record the closing entries on Page 23 of the journal. Refer to the chart of accounts for the exact wording of the accounter CNOW journals do not use lines for your explanation Every line on a journal page used for debitor credit entries. CNOW wale wall antally indenta credit entry when a credit amount is entered B. Post the closing entries to the Inger of four.com All the arte posting reference to the Journal 10. Prepare a post-coring trial balance Account with zero balances can be for "For guidance in completing the financial stats bet the above each to carefully Cho My Work 0. 39 $ 4 %6 5 8 6 T Y U 1 O 1 E w R F H G J L K D : S c B V X M N V. 90 command option hand 6 Comprehensive Problem 2, Part 1 astructions Chart of Accounts I Journal Ledger Unadjusted Trial Balance structions Adjusted Trial Balance Shag 7. Prepare an adjusted trial balance. Accounts with zero balances can be left blank. How does grading work? Palisade Creek Co. Score: 82/95 ADJUSTED TRIAL BALANCE May 31, 2017 ACCOUNT TITLE DEBIT CREDIT 1 Cash 99,430.00 2 Accounts Receivable 245,875.00 3 Merchandise Inventor 583 95000 Check My Work Instre Chart of Accounts Labels and Amount Descriptions Income Statement instructions Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. During May, the last month of the fiscal year, transactions were completed. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: 8. If you completed the end of period work sheet in Part I, use the adjusted trial alone figures to prepare au Income statement, a statement of ownersepulty, and a balance sheet you dides complete the end of period work sheet in Part I, we the ledger (the Excel spreadsheet) to prepare an income statement, a stament of ownersepulty, and a balance sheet 9. A Prepare the desing entries. Record the closing entries on Page 23 of the journal. Refer to the chart of accounts for the exact wording of the accounter CNOW journals do not use lines for your explanation Every line on a journal page used for debitor credit entries. CNOW wale wall antally indenta credit entry when a credit amount is entered B. Post the closing entries to the Inger of four.com All the arte posting reference to the Journal 10. Prepare a post-coring trial balance Account with zero balances can be for "For guidance in completing the financial stats bet the above each to carefully Cho My Work 0. 39 $ 4 %6 5 8 6 T Y U 1 O 1 E w R F H G J L K D : S c B V X M N V. 90 command option hand