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ASAP please Invent transactions for the first year of activity, and achieve all the work for the accounting process during this year including Financial Statement
ASAP please
Invent transactions for the first year of activity, and achieve all the work for the accounting process during this year including Financial Statement Reporting. 1/ For the report => Prepare and present: The Firm Description +For the first year: 1. The General Journal (5 transactions: original entries) 2. The General Ledger 3. The trial balance 4. The adjusting entries (3 adjusting entries) 5. The adjusted T-accounts (General Ledger) 6. The adjusted trial balance 8. The income statement 9. The retained earnings statement 10. The statement of financial position 11. The closing entries in the General Journal. 12. The post-closing ledger. 13. The post-closing trial balance. You must create a hypothetical company: Invent transactions for the first year of activity, and achieve all the work for the accounting process during this year including Financial Statement Reporting. 1/ For the report => Prepare and present: The Firm Description + For the first year: 1. The General Journal (5 transactions: original entries) 2. The General Ledger 3. The trial balance 4. The adjusting entries (3 adjusting entries) 5. The adjusted T-accounts (General Ledger) 6. The adjusted trial balance 8. The income statement 9. The retained earnings statement 10. The statement of financial position 11. The closing entries in the General Journal. 12. The post-closing ledger. 13. The post-closing trial balance
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