Comprehensive Question Becky\'s Car Detailing Services

Becky Jones opened Becky\'s Car Detailing Services on April In Apr, the following transactions were completed.

Apr Invested $ cash in the business

Purchased a used truck for $ paying $ cash and signing a note payable for the balance

Collected $ from XYZ for their car detailing needs for Apr, May and June.

Purchased cleaning supplies on account for $

Paid $ on a oneyear insurance policy, effective Apr

Billed customers $ for car detailing services

Paid $ of amount owed on cleaning supplies

Paid $ for employee\'s salaries

Collected $ from customers billed on Apr

Billed customers for $ for car detailing services

Paid gas and oil for the month on the truck $

Withdrew $ to pay personal property taxes

Additional Information:

Annual payments of $ are required on the note.

  

 

Required:

Journalize and post the Apr transactions. Becky\'s Car Detailing Services records all prepaid expenses

and unearned revenues as assets and liabilities

Prepare an unadjusted trial balance at April

Journalize and post the following adjustments

a Earned and unbilled fees at Apr were $

b The truck has an estimated useful life of four years and no residual value.

c The insurance policy is effective Apr and expires on March

d An inventory count shows $ of cleaning supplies on hand at Apr

e At Apr $ of the fees collected in advance have been earned.

f Accrued but unpaid employee salaries were $

g The note payable has a annual interest rate.

Prepare an adjusted trial balance at Apr

Prepare in good form an Income Statement, Statement of Owners Equity and a Classified Balance Sheet

for the month ended Apr

Journalize and post the closing entries.

Prepare a post closing trial balance at Apr

Becky\'s Car Detailing Services has chosen to prepare reversing entries. Prepare necessary reversing entries in May

They do not need to be posted. can I have the financial statement for this company?