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I just need answer from e to I . I got rest of it already P4-5C Geog Lav opened Geog Cleaners on March 1, 2010.
I just need answer from e to I . I got rest of it already
P4-5C Geog Lav opened Geog Cleaners on March 1, 2010. Following transactions March 1: issued 10,000 shares of common stock for $15,000 cash March 1: Purchased truck for $8000, paying $3000 cash and balance on account March 3: Purchased cleaning supplies for $2500 on account March 5: Paid $2400 cash on a 6-month insurance policy eff. March 1 March 14: Billed customers $3700 for cleaning services March 18: Paid $1500 cash on amount owed on truck and $500 on amount owed on cleaning supplies March 20: Paid $1750 cash for employee salaries March 21: Collected $1600 cash from customers billed on March 14 March 28: Billed customers $4200 for cleaning services March 31: Paid $350 for gas and oil used in truck during month March 31: Declared and paid a $900 cash dividend a) Journalize the March transactions b) Post to ledger accounts c) Prepare a trial balance d) Journalize the following adjustments Earned but unbilled revenue $200 Depreciation on equipment $250 One-sixth of the insurance expired An inventory count shows $280 of cleaning supplies on hand Accrued but unpaid employee salaries were 1080 e) Post adjusting entries to the T accounts f) Prepare an adjusted trial balance g) Prepare the income statement and a retained earnings statement and a classified balance sheet h) journalize and post-closing entries and complete the closing process i) prepare a post-closing trial balanceStep by Step Solution
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