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Required: 1. Journalize and post the November transactions for Ruiz Consulting. 2. Prepare a Trial Balance as of November 30. 3. Prepare and post adjusting entries for the month ended November 30. a. Expired insurance, $80 b. Supplies on hand at November 30, $900 C. Monthly depreciation of computer, $250 d. 20% of advance fee from Bryant Brokerage was earned by November 30 e. Accrued 3 days wages, $360 4. Prepare an Adjusted Trial Balance. 5. Prepare the following Financial Statements a. Income Statement for the month ended November 30. b. Statement of Owner's Equity for the month ended November 30. C. Balance Sheet as of November 30. 6. Prepare and post the closing entries. Ruiz Consulting Services General Ledger CASH Prepaid Insurance Supplies Computer Accumulated Depreciation Unearned Revenue Wages Payable uz, Capital Ruiz, withdrawals Consulting Revenue Utility Exp. Telephone Exp. Wages Exp Depreciation Exp Insurance Exp. Supplies Exp Ruiz Consulting For the Month Ended November 30, 20XX Income Trial Balance Debit Credit Adjustments Debit Credit Adjusted Trial Balance Debit Credit Statement Debit Credit Balance Sheet Debit Credit | Account Name Cash A/R Prepaid Insurance Supplies Computer Accumulated Depreciation A/P Unearned Revenue Ruiz, Capital Ruiz, withdrawals Consulting Revenue Wages, Exp. Utility Exp. Telephone Exp. IIIIIIIIIII Insurance Exp. Supplies Exp. Depreciation Exp. Wages Payable Net Income Required: 1. Journalize and post the November transactions for Ruiz Consulting. 2. Prepare a Trial Balance as of November 30. 3. Prepare and post adjusting entries for the month ended November 30. a. Expired insurance, $80 b. Supplies on hand at November 30, $900 C. Monthly depreciation of computer, $250 d. 20% of advance fee from Bryant Brokerage was earned by November 30 e. Accrued 3 days wages, $360 4. Prepare an Adjusted Trial Balance. 5. Prepare the following Financial Statements a. Income Statement for the month ended November 30. b. Statement of Owner's Equity for the month ended November 30. C. Balance Sheet as of November 30. 6. Prepare and post the closing entries. Ruiz Consulting Services General Ledger CASH Prepaid Insurance Supplies Computer Accumulated Depreciation Unearned Revenue Wages Payable uz, Capital Ruiz, withdrawals Consulting Revenue Utility Exp. Telephone Exp. Wages Exp Depreciation Exp Insurance Exp. Supplies Exp Ruiz Consulting For the Month Ended November 30, 20XX Income Trial Balance Debit Credit Adjustments Debit Credit Adjusted Trial Balance Debit Credit Statement Debit Credit Balance Sheet Debit Credit | Account Name Cash A/R Prepaid Insurance Supplies Computer Accumulated Depreciation A/P Unearned Revenue Ruiz, Capital Ruiz, withdrawals Consulting Revenue Wages, Exp. Utility Exp. Telephone Exp. IIIIIIIIIII Insurance Exp. Supplies Exp. Depreciation Exp. Wages Payable Net Income
