I had to remove the transactions & chart of accounts but you will see it in the below, CHEGG said my question was to big.

Task # 1 (due 9/17/19 midnight): Record the above transactions in the General Journal, and post them to T-accounts (already created for you in Excel); then complete the Trial balance sheet of Excel file.

Task # 2 (due 9/17/19 midnight): Record adjusting entries in the General journal and post them to the accounts using following information:

a. Two-thirds of one months insurance coverage has expired.

b. At the end of the month, $500 of office supplies is still available.

c. This months depreciation on the computer equipment is $500.

d. Employees earned $800 of unpaid and unrecorded salaries as of month-end.

e. The company earned $2,000 of commissions that are not yet billed at month-end.

Task # 3 (due 9/24/19 midnight): Complete the worksheet by transferring the Trial balance, necessary adjusting entries, and arriving at the adjusted Trial Balance.

Task #4 (due 9/24/19 midnight): Prepare Income statement, Statement of Owners Equity, and balance sheet for Angie Travel.

Completed project, due on 10/1/2019 midnight: Record the closing entries for January of 2017, then calculate the following ratio: Current ratio explain what does it measure?

JOURNAL ENTRIES

Date Account Title and Explanation Debit Credit

Jan 2 Cash $40,000

Computer Equipment $10,000

A. Smith, Capital $50,000

(To record Cash and Computer Equip brought

into business)

Jan 2 Rent Expense $1,800

Cash $1,800

(To record Rent Expenses Paid)

Jan 3 Office Supplies $1,000

Accounts payable $1,000

(To record Purchase of office supplies)

Jan 10 Prepaid Insurance $3,600

Cash $3,600

(To record Insurance Premium paid for 12 months)

Jan 20 Cash $6,000

Commission Earned $6,000

(To record Cash received from customers for service

Provided)

Jan 24 Salaries Expense $1,600

Cash $1,600

(To record Salaries expenses paid)

Jan 25 Repairs Expenses $450

Cash $450

(To record repair charges paid)

Jan 30 Telephone Expense $650

Telephone Expense Payable $650

(To record accrued telephone expenses)

Jan 31 A. Smith, Withdrawals $1500

Cash $1500

(To record cash withdrawn)