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Buffalo Company has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below. BUFFALO COMPANY Worksheet For The

Buffalo Company has a fiscal year ending on September 30. Selected data from the September 30 worksheet are presented below.

BUFFALO COMPANY Worksheet For The Month Ended September 30, 2017

Trial Balance

Adjusted Trial Balance

Debit

Credit

Debit

Credit

Cash 39,680 39,680
Supplies 20,880 4,514
Prepaid Insurance 31,900 4,021
Land 87,560 87,560
Equipment 127,560 127,560
Accumulated Depreciation-Equipment 38,480 45,910
Accounts Payable 16,880 16,880
Unearned Service Revenue 3,280 738
Mortgage Payable 54,560 54,560
Common Stock 115,260 115,260
Retained Earnings, Sept. 1, 2017 2,000 2,000
Dividends 14,000 14,000
Service Revenue 286,060 288,602
Salaries and Wages Expense 108,420 108,420
Maintenance and Repairs Expense 32,780 32,780
Advertising Expense 9,400 9,400
Utilities Expenses 19,180 19,180
Property Tax Expense 18,580 21,240
Interest Expense 6,580 11,750
Totals 516,520 516,520
Insurance Expense 27,879
Supplies Expense 16,366
Interest Payable 5,170
Depreciation Expense 7,430
Property Tax Payable 2,660
Totals 531,780 531,780

1. Prepare a complete worksheet(With adjustments included)

2.Prepare a classified balance sheet

3. Journalize adjusting entries using the worksheet as a basis

4. Journalize closing entries using the worksheet as a basis

5. Prepare a post-closing trial balance

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