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Directions Non - closing Journal entries FAccounts AdJusted Irral Balar Critical Thinking Assignment # 2 This assignment continues Critical Thinking Assignment # 1 on Cody
Directions
Nonclosing Journal entries
FAccounts
AdJusted Irral Balar
Critical Thinking Assignment #
This assignment continues Critical Thinking Assignment # on Cody Mountain Sports CMS
CMS completed the following adjusting transactions during March of :
Mar. Accrued Wages Expense of $
Mar. One month of prepaid insurance has expired.
Requirements:
Copy in original journal entries from Critical Thinking Assignment # Journalize the adjusting entries and post these entries to the taccounts.
Prepare an adjusted trial balance as of March st
Prepare an income statement for CMS as of March st
Prepare a statement of retained earnings for CMS for the month ended March st
Prepare a balance sheet for CMS for the month ended March st
Journalize all closing entries and post to the taccounts.
Prepare a postclosing trial balance as of March st
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