comprehensive problem 2 accounting cycle with subsidiary ledgers part 2 questions 2-9

619 aper asers and nonesers For workong paper users and nomasers 2. Enter transactions for the second hall of December the second half of December eral journal. Post immediately to the in the proper journals. If you are using the workng papers, the cumulative amount of entries in the spe cial jourmals for December 1-15 has been entered in these journals for you. Post imreediately to the accounts reccivable and accounts payable ledgers Post from the journals to the peneral ledger. Pust the journals in the following, order: general, sales, purchases, cash receipts, and cash payments eivable and accounts payable ledgers. n the journal to the general ledger 3. shedales of accounts receivable and 4. Prepare scheduks of accounts receivable and ble. accounts payable arend work sheet, an income statement, 5. Prepare a yearend work sheet, an income state of owner's equity, and a balance sheet. ment, a statement of owner's equity, and a balance sheet. The morgage payale includes $600 that is due within one year Journalize and post adjusting entries np payable includes $600 that is due zed post adjusting entries. nd post closing entries. (Hant: Close all 6. Journalize and post closing entries (Hnt: Close all expense and revenue account balances listed in the Income Statement columns of the work sheet. Then, evenue account balances listed in the columns of the work sheet. Then, immary and Tom Jones, Drawing to cose Income Summary and Tom Jones, Drawing two Tom Jones, Capital.) Prepare a post-closing trial balance. dosing trial balance 8. ost reversing entries for the adjust 9. Journalize and post reversing entries for the adjust- ropriate, as of January 1, 20-2. ments where appropriate, as of Jamuary 1, 20-2 ive Problem 2: Accounting Cycle osidiary Ledgers, Part 2 he Daring the month of January 202 transactions: anisc month o January 202, Ts Specialty Shop engged n he falloing kn Sold m Sale Wanchandse on account to Anne Clark, $1,00,plas ax of $150. No, 643. 8 to Narhen Co. in paoymen of mry I balance of $800, less 2% discount. Im West Wholesalers, $1,500, 619 aper asers and nonesers For workong paper users and nomasers 2. Enter transactions for the second hall of December the second half of December eral journal. Post immediately to the in the proper journals. If you are using the workng papers, the cumulative amount of entries in the spe cial jourmals for December 1-15 has been entered in these journals for you. Post imreediately to the accounts reccivable and accounts payable ledgers Post from the journals to the peneral ledger. Pust the journals in the following, order: general, sales, purchases, cash receipts, and cash payments eivable and accounts payable ledgers. n the journal to the general ledger 3. shedales of accounts receivable and 4. Prepare scheduks of accounts receivable and ble. accounts payable arend work sheet, an income statement, 5. Prepare a yearend work sheet, an income state of owner's equity, and a balance sheet. ment, a statement of owner's equity, and a balance sheet. The morgage payale includes $600 that is due within one year Journalize and post adjusting entries np payable includes $600 that is due zed post adjusting entries. nd post closing entries. (Hant: Close all 6. Journalize and post closing entries (Hnt: Close all expense and revenue account balances listed in the Income Statement columns of the work sheet. Then, evenue account balances listed in the columns of the work sheet. Then, immary and Tom Jones, Drawing to cose Income Summary and Tom Jones, Drawing two Tom Jones, Capital.) Prepare a post-closing trial balance. dosing trial balance 8. ost reversing entries for the adjust 9. Journalize and post reversing entries for the adjust- ropriate, as of January 1, 20-2. ments where appropriate, as of Jamuary 1, 20-2 ive Problem 2: Accounting Cycle osidiary Ledgers, Part 2 he Daring the month of January 202 transactions: anisc month o January 202, Ts Specialty Shop engged n he falloing kn Sold m Sale Wanchandse on account to Anne Clark, $1,00,plas ax of $150. No, 643. 8 to Narhen Co. in paoymen of mry I balance of $800, less 2% discount. Im West Wholesalers, $1,500