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General Journal tab - Prepare journal entries to record the transactions of Perry Company during the month of April. General Ledger tab - One of
General Journal tab Prepare journal entries to record the transactions of Perry Company during the month of April.
General Ledger tab One of the advantages of general ledger software is that posting is done automatically. To see the
detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the
General Ledger tab.
Trial Balance tab General ledger software also automates the preparation of trial balances. A trial balance lists each
account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total
credits.
Job Costs tab Calculate the total cost, and account classification for each job worked on during April.
Cost of Goods Manufactured tab Prepare a schedule of cost of goods manufactured for Perry Company during the month
of April.
Gross Profit tab Calculate the gross profit on the sale of jobs during April.
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