Answer all of them please
Instructions The underwww of Ps Muses of 31, 2018, wong went out for the two montany 31, 2016. own chored 0 justment at the towing and dance was prepared ADJUSTED TRAL BALANCE July 31, 2019 ACCOUNT TILE DET CRO 945.00 Cach Accounts Receivable & Supplies 150.00 275.00 7475.00 2500.00 Prepaid in Office Equipment Accumulated Depreciation Office Accounts Payable 5000 8,350.00 140.00 Wages Payable 3.600.00 Uhamed Revenue 9000.00 Peyton Smith, Capital Pyton Smile Dawing 150.00 Previous Next > teck My Work 10 more Check My Work uses remaining 5 L Submit Assignment for Grading Instructions 12 Fees Earned 21,200.00 1 Wages Expense 2.940.00 10 Office Rent Expense 2,550,00 1,375.00 1,215.00 3.610.00 1,500.00 15 Equipment Rent Expense 14 Utilities Expense 11 Music Expense 11 Advertising Expense 19 Supplies Expense 10. Insurance Expense Depreciation Expense Miscellaneous Expense 925.00 225.00 50.00 1,855.00 42340.00 47,540.00 21 Totals Required: 1. (Optional) Using the data from Chapter 3, prepare an end-of penod spreadsheet on a sheet of paper or using spreadsheet Software 2. Prepare an income statement, a statement of owner's equity, and a balance sheet (Note: Peyton Snum made investments in PS Musie on June 1 and July 1, 2019.) 3. A. Journalize the closing entries. Refer to the Chart of Accounts for exact wording of accounts B. Post the closing entries. Indicate closed accounts by inserting a "O izerol in either of the Balance columns opposite the closing entry. No Instructions Chart of Accounts 16 General Ledger 17 ASSETS REVENUE 10 11 Cash 41 Fees Earned 10 12 Accounts Receivable 20 14 Supplies EXPENSES 21 15 Prepaid Insurance 50 Wages Expense 22 17 Office Equipment 51 Office Rent Expense 18 Accumulated Depreciation Office Equipment 52 Equipment Rent Expense 2 53 Utilities Expense LIABILITIES 54 Music Expense 21 Accounts Payable 55 Advertising Expense 22 Wages Payable 56 Supplles Expense 23 Uneared Revenue 57 Insurance Expense June 58 Depreciation Expense EQUITY 59 Miscellaneous Expense 31 Peyton Smith, Capital No 32 Peyton Smith, Drawing FAs in the final statemente hacire in na te nemen eta eck My Work 10 more Check My Work uses remaining Labels and Amount Descriptions Labels Cash flows from financing activities Cash flows from investing activities Cash flows from operating activities Current assets Current liabilities Expenses For the Two Months Ended July 31, 2019 July 31, 2019 Property, plant, and equipment Amount Descriptions Decrease in owner's equity Increase in owner's equity Investments during the two months Net decrease in cash during June and July Net increase in cash during June and July Peyton Smith, capital, June 1, 2019 Peyton Smith, capital, July 31, 2019 Net income Not Ince Labels and Amount Descriptions Property, plant, and equipment Amount Descriptions Decrease in owner's equity Increase in owner's equity Investments during the two months Net decrease in cash during June and July Net increase in cash during June and July Peyton Smith, capital, June 1, 2019 Peyton Smith, capital, July 31, 2019 Net income Net loss Total assets Total current assets Total expenses Total liabilities Total liabilities and owner's equity Total property, plant, and equipment Withdrawals Work 10 more Check My Work uses remaining. Instructions 15 Chart of Accounts General Ledger Income Statement PS Music Income Statement (Label 1 2 Label 3 4 4 5 6 7 9 10 11 12 13 14 Check My Work 10 more Check My Work uses remaining All work saved Instruction Chart of Accounts Labels and Amount Descriptions Income Statement Statement of Owner's Equity 2. Prepare a statement of owners equity Pater to the list of Labels and Amount Descriptions for the exact wording of the answer choices for tout entries. Be sure to complete the statement heading. For those boxes in which you must enter subtractive or negative numbers use a minus sign PS Music Statement of Owner's Equity tabell 1 2 3 4 3 Previous Nexd Check My Work 10 more Check My Work uses remaining 1 Emal instructor Save and Submit Assignment for All work saved Pri tem Statement of Owner's Equity Balance Sheet 2. Prepare a balance sheet. Hoturto no Chart of Accounts and the Label and Amount Description of a worthy of www.brow complete the statement heading. Tom*er utomatically powered. Acolo ( wayportage PSM Balance Sheet 1 1 . 5 . 7 Libel 11 1 Previous Next > Check My Work so more Check My Workesan Eur Save and to submittiment for Grading Morved Printem Statement of Owner's Equity Balance Sheet > 5 instructions Chart of Accounts Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet 3 Journal JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSER DET CH toTV Closing Entries T2 . 1 15 15 11 16
