Business Name - Amigone Funeral Home, recording financial transactions for the month of January 2012 and prodcuing financial statements for the month ended January 31, 2012. Assume the business uses a Perpetual Inventory System and the LIFO inventory cost method. Use the following Chart of Accounts:

Instructions for Completion:

A. Journalize the following transactions:

B. Produce a Trial Balance

C. Journalize the following adjusting entries for January 2012

D.Produce an Adjusted Trial Blance

E. Prepare the following statements: Multi-step Income Statement, Statement of Owner's Equity, Classified Balance Sheet

Cash Accounts Receivable Merchandise Inventory Supplies Machinery Accumulated Depreciation Accounts Payable Wages Payable Unearned Revenue Notes Payable Sales Sales Discounts Service Revenue Cost of Goods Sold Wage Expense Depreciation Expense Supply Expense Owner's Equity Owner's Withdrawal 101 102 103 104 110 201 202 203 210 300 302 401 402 403 404 500