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A few weeks have passed since you opened your lemonade shop. The transactions provided in the table below have occurred. As a result, you must
A few weeks have passed since you opened your lemonade shop. The transactions provided in the table below have occurred. As a result, you must record journal entries, post to T-accounts, calculate ending account balances, and create an unadjusted trial balance. You will complete three accounting tasks:
Record Journal Entries
Post to T-Accounts
Prepare Unadjusted Trial Balance
For each task, review its specific instructions and complete the tables provided. The first transaction from May 1 has been completed for you.
Thank you!
Transactions Your transactions for the period are listed in the table below. Refer to this list as needed to complete the problems. Next, post the journal entries to the appropriate T-Accounts, then calculate the ending balance for each. Ihe first journal entry for may 1 has been posted for you. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in 'sour amounts. Note: Prepare Unadjusted Trial Balance 0.0/3.0 points (graded) Prepare your lemonade stand's Unadjusted Trial Balance. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amounts. Transactions Your transactions for the period are listed in the table below. Refer to this list as needed to complete the problems. Next, post the journal entries to the appropriate T-Accounts, then calculate the ending balance for each. Ihe first journal entry for may 1 has been posted for you. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in 'sour amounts. Note: Prepare Unadjusted Trial Balance 0.0/3.0 points (graded) Prepare your lemonade stand's Unadjusted Trial Balance. Commas will automatically populate for numerical answers. Do not include dollar signs or decimals in your amountsStep by Step Solution
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