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Complete the accounting Cyle of Apol Company 1 Enter the beginning balances of the Balance Sheet accounts in the ledger 2 Journalize the entries
Complete the accounting Cyle of Apol Company 1 Enter the beginning balances of the Balance Sheet accounts in the ledger 2 Journalize the entries for the month of March (see transactions below) 3 Post the entries for the month of March......use PENCIL for temporary balance (items column) 4 Complete the Worksheet of APOL COMPANY for the month ended March 31, 2020 5 Journalize and post Adjusting and Closing entries. 6 Rule and Balance, see sample below 6 Prepare a post-closing Trial balance 7 Journalize and post the reversing entries. The following are the Ledger Balances as of February 28, 2020 know the correct normal balance of each of the account Cash 98,500.00 Accounts Receivable 21,000.00 Supplies 8,200.00 Software & Programs 25,000.00 Accumulated Depreciation - Software & Programs 208.00 Hardwares & Equipments 197,500.00 Accumulated Depreciation - Hardware & Equipment 3,292.00 Accounts Payable 101,800.00 Unearned Service Income 3,250.00 Utilities Payable 850.00 240,800.00 Apol, Capital Complete the Accounting Cycle for the month ended March, 2020 March 1 Paid one year insurance, P2,400 2 Paid past month's utilities, P850 3 collected from credit customer, P11,000 5 rendered services on account, P7,000 7 Apol withdrew P4,500 9 Paid rent, P9,500 10 Purchased supplies, P623 11 Rendered services for cash P17,000 12 Returned supplies purchased on March 10, P623 13 Paid an account, P10,000 15 Paid salalries P12,500 17 Received bill for utilities, P 2,815 20 Rendered services amounting to P30,000, half was for cash half on account 21 Rendered services previously collected from the customer, P3,250
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