Create the General Journal using the chart of accounts then post the entries into the General Ledger.

1. Analyze the business transactions 9 Prepare the post. | closing trial balance 2 Journalize the transactions 8 Journalize the closing entries and post to the general ledgerne The Steps in the Accounting en Cycle 3 Post the transactions from the journal to the general ledger 7 Prepare the financial statements from the adjusted trial balance 4 Prepare the unadjusted trial balance 6 Prepare the adjusted trial DOS o balance. on la votnost 5. Journalize adjusting oumalis entries and post to the general ledger GOV doba Dimenu Practice Set: Bob Morales owns a company called Road Rash Motorcycle Repair Shop. You have been hired by Bob as his bookkeeper. After talking to Bob, you prepare his chart of accounts: Road Rash Motorcycle Repair Shop a=1 Chart of Accounts Account # Account Name L=2 101 Cash 102 Accounts Receivable 402 e=3 103 201 201 Accounts Payable Tuoyimdused ofte belogen 301 B. Morales, Capital VremnizzA 302 B. Morales, Drawing 401 Service Revenue 501 Rent Expense 502 Supplies Expense Jeane 503 Advertising Expense 504 Utilities Expense Supplies exp= The first month of business for Road Rash Motorcycle Repair Shop is June 2020, and the transactions are: Date Transaction 6/01/2020 Bob opened the bank account and deposited $5,000 for his capital contribution. 8/02/20201 Bob rents space for his shop and paid $500 for rent. 6/03/2020 Bob purchased supplies for the shop and paid cash of $2,000. 6/10/2020- rBob took out an ad in Bikers Weekly, a local magazine, for $200 which will be paid next month. -6/22/2020 Bob repaired a motorcycle for a customer. The customer paid cash of $1,200. 6/30/2020 Bob transferred $500 to his personal bank account from the business bank account