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A. Enter the May 1 balances of each of the accounts in the appropriate balance column of a four-column account. Enter May 1 in the
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2. | Post the journal to the general ledger, extending the month-end balances to the appropriate balance columns after all posting is completed. In this problem, you are not required to update or post to the accounts receivable and accounts payable subsidiary ledgers. | ||||||||||||||||||
3. | Prepare an unadjusted trial balance. Accounts with zero balances can be left blank. | ||||||||||||||||||
4. | At the end of May, the following adjustment data were assembled. Analyze and use these data to complete (5) and (6).
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5. | (Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet. | ||||||||||||||||||
6. |
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7. | Prepare an adjusted trial balance. Accounts with zero balances can be left blank.
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