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comprehensive problem 2, chapter 1-4. Murphy Delivery service accounting cycle for 2018. > Comprehensive Problem 2 for Chapters 1-4 comprehensive problem is a continuation of
comprehensive problem 2, chapter 1-4. Murphy Delivery service accounting cycle for 2018.
> Comprehensive Problem 2 for Chapters 1-4 comprehensive problem is a continuation of Comprehensive Problem 1. Murphy completed closing entries and the accounting cycle for 2018. The This Delivery Service has iness is now ready to record January 2019 transactions. unt. Jan. 3 Collected $200 cash from customer on acco 5 Purchased office supplies on account, $1,000. 12 Performed delivery services for a customer and received $3,000 cash. 15 Paid employee salary, including the amount owed on December 31, $4,10o. 18 Performed delivery services on account, $1,350. 20 Paid $300 on account. 24 Purchased fuel for the truck, paying $200 cash. 27 Completed the remaining work due for Unearned Revenue. 28 Paid office rent, $2,200, for the month of January. 30 Collected $3,000 in advance for delivery service to be performed later. 31 Murphy withdrew cash of $1,500 Requirements 1. Record each January transaction in the journal. Explanations are not required. 2. Post the transactions in the T-accounts. Don't forget to use the December 31, 2018, ending balances as appropriate 3. Prepare an unadjusted trial balance as of January 31, 2019 4. Prepare a worksheet as of January 31, 2019 (optional). 5. Journalize the adjusting entries using the following adjustment data and also reviewing the journal entries prepared in Requirement 1. Post adjusting entri the T-accountsStep by Step Solution
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