Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
C5-1 (Algo) Recording Trankactions and Adjustments, Reconcilling ltems, and Preparing Finaneial Statements to 22,24,25,33,35,42,43,44,54,5.5 (General Ledger) c. Puref teed and recerest kegites on account os
C5-1 (Algo) Recording Trankactions and Adjustments, Reconcilling ltems, and Preparing Finaneial Statements to 22,24,25,33,35,42,43,44,54,5.5 (General Ledger) c. Puref teed and recerest kegites on account os 13. at a total cont of 5200 a. Campieted 53,900 of recond ng seksions on ti that customass hid pid for a adrance in Oecember. 1 Wrote a check on 16 for ft foge for as amount oued on accourit. 9. Converted 51010 of cash egulrolethe into cash on vit 1. Recoeled $2940 cashi on 1 det thom cuatomars for recording sestashs to start in Fatruary. Aequired effect of the tiansactions on the account balatices. 1. The bsik deducted 5470 for an kif check frem a cuptomer eepoused on Jancacy 5 . i. The check weitten demuby 6 has net cleared the barki but the Jarawy? popment has cleseed 1. The cosh recelved and deposted be sadvary at was not peoceised by the bonk ures februaly t. m. The bank added $4 cash to the account foe interent eepresd in dabuay. i. The bank deducted st for seniee charget. a Depreciation far the morth is 52 De 9. Prepald Rent wil be fuly used us by Mareh 3 it. f. Supples on hand at darapty 31 mer 5300 3. Received 5390 ifruoice for dhhuary elechifity charged on account te be paid in February but is nat yet recorded. 1. Interest on the promitisory note of $2.5 for lenuay has not yet bete recorided ar paid. u. Incame the of $1.700 on Lenuay inceme has net yet beeo fecorded er palid. 4. Revise the ad rised 'Triat Batince' at of january 3 th. 5. Prepare an income statement for the perigd r robed lanuary 31 in the Tncome Staternent fad. 6. Prepare a bank reconcilittion in the Terar Picenclution' 7ab. 7. Prepere a clessified balence sheet as of january 3t in the Bulance Sheti Tab. 8. Using the indormption from the requintentr above, compiete the 'Ahalylis' tab adjused baimsis. C5-1 (Algo) Recording Trankactions and Adjustments, Reconcilling ltems, and Preparing Finaneial Statements to 22,24,25,33,35,42,43,44,54,5.5 (General Ledger) c. Puref teed and recerest kegites on account os 13. at a total cont of 5200 a. Campieted 53,900 of recond ng seksions on ti that customass hid pid for a adrance in Oecember. 1 Wrote a check on 16 for ft foge for as amount oued on accourit. 9. Converted 51010 of cash egulrolethe into cash on vit 1. Recoeled $2940 cashi on 1 det thom cuatomars for recording sestashs to start in Fatruary. Aequired effect of the tiansactions on the account balatices. 1. The bsik deducted 5470 for an kif check frem a cuptomer eepoused on Jancacy 5 . i. The check weitten demuby 6 has net cleared the barki but the Jarawy? popment has cleseed 1. The cosh recelved and deposted be sadvary at was not peoceised by the bonk ures februaly t. m. The bank added $4 cash to the account foe interent eepresd in dabuay. i. The bank deducted st for seniee charget. a Depreciation far the morth is 52 De 9. Prepald Rent wil be fuly used us by Mareh 3 it. f. Supples on hand at darapty 31 mer 5300 3. Received 5390 ifruoice for dhhuary elechifity charged on account te be paid in February but is nat yet recorded. 1. Interest on the promitisory note of $2.5 for lenuay has not yet bete recorided ar paid. u. Incame the of $1.700 on Lenuay inceme has net yet beeo fecorded er palid. 4. Revise the ad rised 'Triat Batince' at of january 3 th. 5. Prepare an income statement for the perigd r robed lanuary 31 in the Tncome Staternent fad. 6. Prepare a bank reconcilittion in the Terar Picenclution' 7ab. 7. Prepere a clessified balence sheet as of january 3t in the Bulance Sheti Tab. 8. Using the indormption from the requintentr above, compiete the 'Ahalylis' tab adjused baimsis
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started