eBook Spreadsheet Calculator Print Item Complete accounting cycle, Part 2 Chart of Accounts Labels and Amount Descriptions Journal Ledger Instructions For the past several years, Stefly Lopez has operated a part-time consulting business from his home. As of July 1, 2018, Stefly decided to move to rented quarters and to operate the business, which was to be known as Diamond Consulting, on a full-time basis. Diamond Consulting entered into transactions during July. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: A if you completed the end-of-period worksheet in Part 1, use the adjusted trial balance figures to prepare an income statement for the month ended July 31, 2018. Be sure to complete the statement heading. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Refer to the Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. You will not need to enter colons() on the income statement. B. You completed the end-of-period work sheet in Part 1, use the adjusted trial balance ngures to prepare a retained earnings statement for the month ended July 31, 2018. Be sure to complete the statement heading Negative amount should be indicated by the minus sign. Refer to the eck My Work 7 more Check My Work uses remaining Spreadsheet Calculator Print Item plete accounting cycle, Part 2 on Chart of Accounts Labels and Amount Descriptions Journal Ledger structions B. If you completed the end-of-period work sheet in Part 1, use the adjusted trial balance figures to prepare a retained earnings statement for the month ended July 31, 2018. Be sure to complete the statement heading. Negative amount should be indicated by the minus sign. Refer to the Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. If an amount is zero, enter 0 c. If you completed the end-of-period work sheet in Part 1, use the adjusted trial balance figures to prepare a balance sheet as of July 31, 2018 Be sure to complete the statement heading. Fixed assets must be entered in order according to account number. Refer to the Accounts Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. You will not need to enter colons () on the balance sheet they will automatically insert where necessary. Negative amount should be indicated by the minus sign A Joumalize the closingentes on page 4 of me journal Closing entries are recorded on July 31. Refer to the Chart of Accounts for exact wording of account titles se me soreadsheer to post the closing entries to the ledger of four-column accounts. Add the appropriate posing reference to me W es remain ng eBook Spreadsheet Calculator Print Item Complete accounting cycle, Part 2 Chart of Accounts Labels and Amount Descriptions Journal Ledger Instructions For the past several years, Stefly Lopez has operated a part-time consulting business from his home. As of July 1, 2018, Stefly decided to move to rented quarters and to operate the business, which was to be known as Diamond Consulting, on a full-time basis. Diamond Consulting entered into transactions during July. In Part 1 of this problem, the accounting cycle was completed up through the preparation of the adjusted trial balance Required: A if you completed the end-of-period worksheet in Part 1, use the adjusted trial balance figures to prepare an income statement for the month ended July 31, 2018. Be sure to complete the statement heading. If a net loss has been incurred, enter that amount as a negative number using a minus sign. Refer to the Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. You will not need to enter colons() on the income statement. B. You completed the end-of-period work sheet in Part 1, use the adjusted trial balance ngures to prepare a retained earnings statement for the month ended July 31, 2018. Be sure to complete the statement heading Negative amount should be indicated by the minus sign. Refer to the eck My Work 7 more Check My Work uses remaining Spreadsheet Calculator Print Item plete accounting cycle, Part 2 on Chart of Accounts Labels and Amount Descriptions Journal Ledger structions B. If you completed the end-of-period work sheet in Part 1, use the adjusted trial balance figures to prepare a retained earnings statement for the month ended July 31, 2018. Be sure to complete the statement heading. Negative amount should be indicated by the minus sign. Refer to the Accounts, Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. If an amount is zero, enter 0 c. If you completed the end-of-period work sheet in Part 1, use the adjusted trial balance figures to prepare a balance sheet as of July 31, 2018 Be sure to complete the statement heading. Fixed assets must be entered in order according to account number. Refer to the Accounts Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. You will not need to enter colons () on the balance sheet they will automatically insert where necessary. Negative amount should be indicated by the minus sign A Joumalize the closingentes on page 4 of me journal Closing entries are recorded on July 31. Refer to the Chart of Accounts for exact wording of account titles se me soreadsheer to post the closing entries to the ledger of four-column accounts. Add the appropriate posing reference to me W es remain ng