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Fiscal year ending January 31 JumpCloud Vigilante Analytics, Inc Unadjusted Trial Balance 31-Jan-20 Debit Credit Balance Balance 13,100 8,000 7,500 113,000 12,000 90,000 27,100 4,500
Fiscal year ending January 31 JumpCloud Vigilante Analytics, Inc Unadjusted Trial Balance 31-Jan-20 Debit Credit Balance Balance 13,100 8,000 7,500 113,000 12,000 90,000 27,100 4,500 Description Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Trucks Accumulated Depreciation - Trucks Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Service Revenue Depreciation Expense - Equipment Depreciation Expense - Trucks Insurance Expense Wages Expense Rent Expense Supplies Expense Truck Expense Miscellaneous Expense 30,000 96,400 3,000 155,000 72,000 7,600 5,350 5,450 325,000 325,000 The data need to determine year-end adjustments are as follows: Supplies on-hand at January 31, 2020 are $ 2,850 b. Insurance premiums expired during the year are $3,150 Depreciation of equipment during the year is $5,250 Depreciation of trucks during the year is $ 4,000 Wages accrued but not paid at January 31, 2020 are $ 900 Requirements: 1 Prepare journal entries for the above year-end adjustments. 2 Enter the adjustments prepared in 1 above to the end-of-period Excel spreadsheet. 3 Prepare an adjusted trial balance. 4 Prepare an income statement, a retained earnings statement, and a balance sheet 5 Journalize the post closing entries. 6 Prepare a post-closing trial balance
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