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Based on these information, can someone make a general journal entries and a general ledger? If more info. is needed, then you can just make
Based on these information, can someone make a general journal entries and a general ledger? If more info. is needed, then you can just make anything up. Thank you in advance!
$485,500.00 William and Sons Toliet Paper Company Income statement For the two month period ended March 31, 2020 Sales Cost of good sold: Beginning finished good iventory $32,700.00 Cost of good manufacted $141,100.00 Cost of finished goods available for sale $173,700.00 Ending finished goods inventory -$50,000.00 Cost of good sold Gross profit Operating expense Sales and administrative Expense $15,000.00 Wage expense $23,500.00 $9,000.00 Rent expense Utility expense $850.00 Insurance expense $1,150.00 Depreciation expense $2,300.00 Total operating expense Net Income -$123.700.00 $361,800.00 12 10 -$61,800.00 $300,000.00 William and Sons Toliet Paper Company Retained Earning Statement For the two month period ended March 31, 2020 Beginning Retained Earnings $101,350.00 Net Income $300,000.00 Dividends -$46,000.00 Ending Retained Earning $355,350.00 oo 00 Locow - William and Sons Toliet Paper Company Unadjusted Trial Balance For the two month period ended March 31, 2020 Debit Credit Cash $340,000.00 Account Recievable Inventory Account Payable Unearned Revenue Retained Earnings Depreciation Expense Cost of Good Sold Dividends Wage Expense Rent Expense Utility Expense Insurance Expense $1,150.00 13 15 16 $485,500.00 William and Sons Toliet Paper Company Income statement For the two month period ended March 31, 2020 Sales Cost of good sold: Beginning finished good iventory $32,700.00 Cost of good manufacted $141,100.00 Cost of finished goods available for sale $173,700.00 Ending finished goods inventory -$50,000.00 Cost of good sold Gross profit Operating expense Sales and administrative Expense $15,000.00 Wage expense $23,500.00 $9,000.00 Rent expense Utility expense $850.00 Insurance expense $1,150.00 Depreciation expense $2,300.00 Total operating expense Net Income -$123.700.00 $361,800.00 12 10 -$61,800.00 $300,000.00 William and Sons Toliet Paper Company Retained Earning Statement For the two month period ended March 31, 2020 Beginning Retained Earnings $101,350.00 Net Income $300,000.00 Dividends -$46,000.00 Ending Retained Earning $355,350.00 oo 00 Locow - William and Sons Toliet Paper Company Unadjusted Trial Balance For the two month period ended March 31, 2020 Debit Credit Cash $340,000.00 Account Recievable Inventory Account Payable Unearned Revenue Retained Earnings Depreciation Expense Cost of Good Sold Dividends Wage Expense Rent Expense Utility Expense Insurance Expense $1,150.00 13 15 16Step by Step Solution
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