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answer on an excel format so I can undertand please ! Please answer to full extent that Inclues 1,2 and 3! REVIEW PROBLEM THE ACCOUNT
answer on an excel format so I can undertand please !
REVIEW PROBLEM THE ACCOUNT BALANCES APPEARING ON THE TRIAL BALANCE WERE TAKEN FORM THE GENERAL LEDGER OF KHADIJAH KYLE DONUT SHOP AS OF AUGUST 31, 2002 CREDIT Account Titles DEBIT CASH $ 3,000 SUPPLIES 1,300 PREPAID INSURANCE 3,200 EQUIPMENT 34,000 ACCUM. DEP-EQUIPMENT 6,300 ACCOUNTS PAYABLE 1,600 NOTES PAYABLE 5,000 KHADIJAH KYLE, CAPITAL 15,300 KHADIJAH, DRAWING 1,500 REVENUE UTILITIES 600 TOTALS $43,600 15,400 $43.600 OTHER DATA a.) Rent for the month of August is $600. However, it will not be paid until September. b) Depreciation, on the Equipment, for the month of August is $400 c.) The amount of insurance that has expired for the month of August is $600 4.) After conducting an inventory count, supplies on hand for the month of August total $250 INSTRUCTIONS: 1.) Using the above information, complete the attached work sheet for Khadijah Kyle Donut Shop 2.) Prepare an Income Statement Owner's Equity Statement and a classified Balance Sheet. 3.) Journalize the adjusting and closing journal entries. CHART OF ACCOUNTS Please answer to full extent that Inclues 1,2 and 3!
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