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A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owner's home, follows. Required: 1. Complete the worksheet.
A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owner's home, follows. Required: 1. Complete the worksheet. 2. Record the adjusting entries in the general journal (transactions 1-3). 3. Record the closing entries in the general journal (transactions 4-7). 4. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 5. Prepare a postclosing trial balance. Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December? Complete this question by entering your answers in the tabs below. Rea 1 Reg 2 and 3 Reg 4 Reg 5 Analyze Complete the worksheet. Account Name 101: Cash 111: Accounts receivable 121: Supplies 131: Prepaid advertising 141: Equipment 142: Accumulated depreciation Equipment 202: Accounts payable 301: Shara Johns, Capital 302: Shara Johns, Drawing 401: Fees income 519: Salaries expense 523: Utilities expense 520: Supplies expense 526: Advertising expense 511: Depreciation expense-Equipment Totals Net income AT HOME PET GROOMING SERVICE Worksheet Month Ended December 31, 20X1 Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit $ 30,150 $ 30,150 $ 30,150 4,500 4,500 4,500 2,200 1.150 1,050 1.050 2.100 950 1,150 1,150 19,100 19,100 19,100 390 390 390 4,100 12,000 12,000 26,500 26,500 53,000 1,100 1.100 1,100 33,060 33,060 33.000 3.900 3,900 3,900 610 810 610 1,150 1,150 1,150 950 950 9501 390 390 300 $ 63,880 $ 63,660 2,490 S 2.490 $ 76,050 $ 50,950 $ 7,000 $ 33,060 $ 122,050 s 390 S 7,000 $ 33.000 $ 122,050 $ 390 ( Reg 1 Req 2 and 3 > A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owner's home, follows. Required: 1. Complete the worksheet. 2. Record the adjusting entries in the general journal (transactions 1-3). 3. Record the closing entries in the general journal (transactions 4-7). 4. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 5. Prepare a postclosing trial balance. Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December? Complete this question by entering your answers in the tabs below. Reg 1 Req 2 and 3 Reg 4 Req 5 Analyze What total debits were posted to the general ledger to complete all closing entries for the month of December? Total debits
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