ACCOUNTNG HOMEWORK ........

The following beginning balances are given for ATE Company at 01.01.2020. 1. 2. :\"P' P2'~'."E-" .'0 Allowance for Uncollectible Accounts _ Prepare the initial trial balance at 01.01.2020. Propose and journalize 10 business transactions for the company for the period 01.01.2020- 31.01.2020. Indicate the transactions as a text/description and then record them into the journal and T-aocoants Prepare the unadjusted trial balance at 31.01.2020. Propose and journalize 10 adjusting entries for the company appropriate at 31.01.2020. Indicate the transactions as a text/description and then record them into the journal and T- accounts. Prepare the adjusted trial balance at 31.01.2020. Journalize the closing entries and make the necessary updates in the Taccounts. Prepare the post-closing trial balance. Prepare the statement of nancial position at 31.01.2020. Use IFRS tenntnotogy and mandatory line items. Prepare the income statement for the period 01.01.2020 - 31.01.2020. Use IFRS terminology and mandatory line items. 10. Prepare the cashow statement for the period 01.01.2020 - 31.01.2020, according to direct method