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Find For August? Numbers should be the same as the picture in the top Planer Consulting Corporation completed the following transactions during the month of

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Find For August?

Numbers should be the same as the picture in the top

Planer Consulting Corporation completed the following transactions during the month of August.

Aug 1

Paid secretary-receptionist the wages earned in July.

Aug 5

Purchased supplies on account for $220.

Aug 16

Paid utility bill received in July.

Aug 20

Billed client for providing $4,000 in services.

Aug 22

Earned the $3,000 advance payment made by client in July.

Aug 25

Collected $7,800 from accounts receivable.

Aug 31

Paid $700 in dividends to stockholders

#1:

a. Prepare journal entries for the August transactions and post to the ledger.

b. Prepare an unadjusted trial balance for August 31, 2019.

Information for adjusting entries for August 31:

Aug 31

Make the adjustment for interest on the note payable.

Aug 31

Make the adjustment for depreciation.

Aug 31

Make the adjustment for insurance.

Aug 31

Counted the supplies, had $40 of supplies on hand.

Aug 31

Make the adjustment for rent expense.

Aug 31

Make the adjustment for wages earned by secretary-receptionist.

c. Prepare journal entries for the adjustments for August and post to the ledger.

d. Prepare an adjusted trial balance for August 31, 2019.

e. Prepare an income statement, retained earnings statement, and balance sheet for the month of August 2019.

f. Prepare closing journal entries for August and post to the ledger.

g. Prepare a post-closing trial balance for August 31, 2019

Planer Consulting Corpration For Month of July Una djusted TB $ 66,120 67,095 Adjusted TB Net income 14,980 Total assets 64,835 Post-closing TB 65,075 For Month of August Unadjusted TB 68,575 Adjusted TB 70,150 Net income Total assets 4,570 66,540 67,020 Post-closing TB Planer Consulting Corpration For Month of July Una djusted TB $ 66,120 67,095 Adjusted TB Net income 14,980 Total assets 64,835 Post-closing TB 65,075 For Month of August Unadjusted TB 68,575 Adjusted TB 70,150 Net income Total assets 4,570 66,540 67,020 Post-closing TB

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