Follow the steps below to complete Comprehensive Problem 1 Part 1 using Cengage General Ledger. The problem is in three parts, each graded separately. 

When you begin the second and third parts, all balances will be set correctly for the beginning of that part, in order to prevent any previous errors from compounding To access additional Help, click on the Help button that appears in the lower part of your screen (note that you may need to scroll down and over to see this button). 

1. All account setups and opening balances required to begin this problem are loaded when you select the problem from the CengageNOW assignment menu. 

2. Set the System Date in the lower part of your screen to 05/03/18 (note that you may need to scroll down to see the System Dale bok). 

3. Enter the journal entries for May 2018 in the General Joumal. Click on the General Ledger tab, and then select General Journal from the Tasks menu on the left mit bar. Enter journal entries by clicking on the Add New Entry button or pressing Curl Y Enter the date of each transaction. For each debitor credit entry, click on the Insert Debit/Credit button (or Ctrl). After each journal entry is entered, click on the Post button for Ctrl-O) to post the entry to the General Ledger 

4. Display the journal entries. Click on the General Journal item under the Journal Reports menu on the left menu bar. If you have been asked to print the report, click on the Print button 

5. Make corrections to the journal entries, if necessary in the General Journal window, click on the entry you wish to correct, then make the correction(s) to the journal entry, and click on the Post button to confirm your changes 

6. Display the Unadjusted Trial Balance report. Click on the Trial Balance item under the Ledger Reports menu on the left menu bar. To print the report, click on the Print button 

7. When you are comfortable that you have completed all steps of the problem correctly, click on the Check My Work button near the bottom of your screen if it is avalable, or dick on the Submit Assignment for Grading button in the lower right of your screen. The program will then display the results of the grading, indicating accounts in error with a red X. Note that grading in Cengage Loaming General Ledger is based on getting each General Ledger account to its correct ending balance rather than grading joumal transactions individually. This means that the order of transactions in the general journal is not graded, so you may add transactions and also delete or correct transactions without penalty if you run into difficulty with the assignment.