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can someone please help me find the income statement statement of owners equity balance sheet and post closing 1 On April 1, Jose Garcia created
can someone please help me find the income statement statement of owners equity balance sheet and post closing
1 On April 1, Jose Garcia created a new travel agency, Garcia Travel. The following transactions occurred during the company's first month. ats Print April 2 Garcia invested $38,000 cash and computer equipment worth $11,400 in the company. April 3 The company rented furnished office space by paying $2,600 cash for the first month's (April) rent. April 4 The company purchased $1,200 of office supplies for cash. April 10 The company paid $1,800 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,540 cash for two weeks! salaries earned by employees April 24 The company collected $24,000 cash for commissions revenue. April 28 The company paid $1,540 cash for two weeks' salaries earned by employees. April 29 The company paid $650 cash for minor repairs to computer equipment. April 30 The company paid $400 cash for this month's telephone bill. April 30 Garcin withdrew $1,700 cash from the company for personal use. Information for month-end adjustments follows: a. Prepold Insurance of $100 expired this month. b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on computer equipment is $190. d. Employees earned $616 of unpaid and unrecorded salaries as of month-end. e. The company eamed $1,830 of commissions revenue that is not yet recorded at month-end. General General Income St Owners Requirement Trial Balance Journal Ledger Statement Balance Sheet Post Closing Equity Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection Post-closing GARCIA TRAVEL Balance Sheet 0 1 Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing 5 points Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Post-closing Print GARCIA TRAVEL Income Statement For Month Ended April 30 Ravenues: $ 0 0 Expenses: 0 0 0 0 0 0 0 0 $ 0 Net income 1 2. Prepaid insurance of $100 expired this month. b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on computer equipment is $190. d. Employees earned $616 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,830 of commissions revenue that is not yet recorded at month-end. 15 points Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing The unadjusted or adjusted balances will appear for each account, based on your selection. (Selecting Post-Closing will only display ending capital.) Print Post-closing GARCIA TRAVEL Statement of Owner's Equity For Month Ended April 30 15,894 Garcia Capital, April 30 Balance Sheet> Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing 1 Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab. Post-closing Included an Post-closing trial balance Type of Account Post-closing Trial Balance Dr. Cr. Account Print Cash Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciation - Computer equipment Salarios payable J. Garcia, Capital J. Garcia, Withdrawals Commissions revenue Depreciation expense - Computer equipment Salarios expense Insurance expense Rent expense Office supplies expense Repairs expense Telephone expense $ 0 0 $ Totals Step by Step Solution
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