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eBook Complete accounting cycle Part 2 Journal Ledger Income statement Instructions For the past several years, ene Upton has operated part-time consulting business from her home. As of July 1, 2019. Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting on a full-time bashi, Gourmet Consulting entered into the following transaction during Joy In Part of this problem, the accounting ade was completed up through the preparation of the adjusted nalance Required: 8. Hf you completed the end of peod worksheet in Part T, use the added trial balance figures to prepare an income statement a statement of wiers quity, and a balance sheet for the month ended Jay 31, 2019. you didn't complete the end of period worksheer in Part 1, use the der the Excel apreadshes to prepare an income statement, asteement of owner and balance need for me month ended July 21 2019 the account balances 2000, enly a 200 (0) Secreto read the instructions for each financial statement carefully 8 A Joumalize me closing entries on page 4 of jounal Clodigende are recorded on July 31 as the present to post me cingentes to the edge of our column accounts ang balance in the accounts and Adame appropriate postingerence to the cloong entries in the main Ceng NOW 10 Procere a post controle Chart of Accounts Check My Work 2 Crediwy Works remaining Next All work saved, Emanu Save and Submit Assignment for Gradie ti c ED . 11 nvokeretakeAssignmentSessionLocator Einprogress-false * Book Gourmet Consulting General Ledger ASSETS REVENUE 41 Fees Eamed 11 Cash 12 Accounts Receivable 14 Suplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulatod Depreciation Omce Equipment EXPENSES 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Joline Upton, Capital 32 Jolene Goton, Drawing 33 Income Summary anck My Work 2 more Check My Work uses remaining Next All work saved Email Instructor Save and Ex Submit Assignment for Gradi i 0 3 2/12/20 eBook Labels Current assets Current abilities Expenses For the Month Ended July 31, 2019 My 31, 2019 Property, plant and equipment Revenues Amount Descriptions Decrease in owner's equity Increase in owner's equity Investments during the month Not income Not loss Jolene Upton, capital, July 1, 2019 Jolene Upton, capital, July 31, 2019 Total assets Totalcunent assets Total penses Total laboties Total abilities and owner's equity Total property, plant, and equipment Withdrawals Check My Work 2 more Check My Work uses remaining All work saved. Emai instructor Save and Submit i eBook Journal 9. A. Journalize the dosing entries on page 4 of the journal Closing entnes are recorded on July 31 9.B. Add the appropriate posting reference to the closing entries in the journal in CengageNow PAGE 4 XOURNAL ACCOUNTING EQUATION DATE POST FOR DERIT CREDIT ASSETS LABILITIES EQUITY DESCRIPTION Closing Entries 2 Check My Work 2 more Check My Works romaining A Work saved Elu Save and Submit Assam 3 com/ilm/takeAssignment/takeAssignmentMain.do?invoker-AssignmentSessionlocator=&inprogress=false Book If you completed the end of period worksheet in Part I, use the adjusted bra balance figures to prepare an income state for the month ended July 31, 2019. If you didn't complete the end of period work sheet in Part use the door (The Excel apreldsheety to prepare an income statement for the month onded My 31, 2019. Be sure to complete the statement heading inefloss has been incurrenter that amount as a negative number using a minus sign. Use the Ast of Label and Amount Descriptions for the correct wording of bottom other than account names. You will not need to write colons() on the income alement Gourmet Consulting Income Statement Label) D Check My Work 2 more Check My Wok user mining Next > All work saved Luctor Same Assignment for Gradin ED o 1107 * > enow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator Binprogress-false Book Statement of Owner's Equity 8. you completed the end of benod worksheet Part 1, the acted trial balance bours to prepare a statement of owner's equity for the month anded July 31, 2019. you did complete the end of period worksheet in Part ne theledow (the rol spreadsheed to prepare a statement of owner's equity for the month ended Jy 3, 2018. Be sure to complete the same heading No additional investments were made during a ne oss has been incorredor Dhire has been a decrease in ownern equity for that amount as a give meg a magnise the of Labins and Amount Descriptions for me conect wording to the account balance is 2000) enter a zero (0) Gourmet Consulting Statement of Owner's Equity Label Balance Sheet Check My Work Check My Works Next All work saved Eman Save and Ex Submissiment for Grading c e 2/12/2000 Look Balance Sheet 3 you completed the end-of-period worksheet in Patune the austed trial balance figures to prepare a balance sheets of July 31, 2019 yow chat complete the end-of-period worksheet in Part to use the jedger (he Excel edsheed to prepare a balance sheet as of July 31, 2019 Bere to complete the element heating Fored and must be evitered in order according to account number Use the list of Labels and Amount Descriptions for the correct wording or text mester than account. You will not need to enter colon) or the word teson me balance sheet they will automatically insert where necessary Gourmet Consulting Balance Sheet Label) Assets + Check My Work 2 monte My Woman Next > An worked Save and Submit Augment for Grading 2/12.000 ebook + be 30 14 Lates 1 13 Owner's Equity 11 Posl-closing Trial Balance 10 A pocongtrance Check My Work 2 Cho My Worker Net All work saved Seven Subm Assignment for BO - 0 GU44 ESP eBook Post dosing Trial Balance 10. Prepare a post-closing the balance Gourmet Consulting POST CLOSING TRIAL BALANCE July 31, 2019 COBIT TITLE DET CREDIT 1 Cash 2 Scouts Receivable Supplies + Prepaid Rent Prepaid luran Office Equipment Accumulated DeprecationCHice Equipment Accounts Payable Pajab Urmed Fors olare Upton Capital Check My Work 2 more Check My Wong All wo sve France Submit Anger 52 . eBook Complete accounting cycle Part 2 Journal Ledger Income statement Instructions For the past several years, ene Upton has operated part-time consulting business from her home. As of July 1, 2019. Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting on a full-time bashi, Gourmet Consulting entered into the following transaction during Joy In Part of this problem, the accounting ade was completed up through the preparation of the adjusted nalance Required: 8. Hf you completed the end of peod worksheet in Part T, use the added trial balance figures to prepare an income statement a statement of wiers quity, and a balance sheet for the month ended Jay 31, 2019. you didn't complete the end of period worksheer in Part 1, use the der the Excel apreadshes to prepare an income statement, asteement of owner and balance need for me month ended July 21 2019 the account balances 2000, enly a 200 (0) Secreto read the instructions for each financial statement carefully 8 A Joumalize me closing entries on page 4 of jounal Clodigende are recorded on July 31 as the present to post me cingentes to the edge of our column accounts ang balance in the accounts and Adame appropriate postingerence to the cloong entries in the main Ceng NOW 10 Procere a post controle Chart of Accounts Check My Work 2 Crediwy Works remaining Next All work saved, Emanu Save and Submit Assignment for Gradie ti c ED . 11 nvokeretakeAssignmentSessionLocator Einprogress-false * Book Gourmet Consulting General Ledger ASSETS REVENUE 41 Fees Eamed 11 Cash 12 Accounts Receivable 14 Suplies 15 Prepaid Rent 16 Prepaid Insurance 18 Office Equipment 19 Accumulatod Depreciation Omce Equipment EXPENSES 51 Salary Expense 52 Rent Expense 53 Supplies Expense 54 Depreciation Expense 55 Insurance Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Salaries Payable 23 Unearned Fees EQUITY 31 Joline Upton, Capital 32 Jolene Goton, Drawing 33 Income Summary anck My Work 2 more Check My Work uses remaining Next All work saved Email Instructor Save and Ex Submit Assignment for Gradi i 0 3 2/12/20 eBook Labels Current assets Current abilities Expenses For the Month Ended July 31, 2019 My 31, 2019 Property, plant and equipment Revenues Amount Descriptions Decrease in owner's equity Increase in owner's equity Investments during the month Not income Not loss Jolene Upton, capital, July 1, 2019 Jolene Upton, capital, July 31, 2019 Total assets Totalcunent assets Total penses Total laboties Total abilities and owner's equity Total property, plant, and equipment Withdrawals Check My Work 2 more Check My Work uses remaining All work saved. Emai instructor Save and Submit i eBook Journal 9. A. Journalize the dosing entries on page 4 of the journal Closing entnes are recorded on July 31 9.B. Add the appropriate posting reference to the closing entries in the journal in CengageNow PAGE 4 XOURNAL ACCOUNTING EQUATION DATE POST FOR DERIT CREDIT ASSETS LABILITIES EQUITY DESCRIPTION Closing Entries 2 Check My Work 2 more Check My Works romaining A Work saved Elu Save and Submit Assam 3 com/ilm/takeAssignment/takeAssignmentMain.do?invoker-AssignmentSessionlocator=&inprogress=false Book If you completed the end of period worksheet in Part I, use the adjusted bra balance figures to prepare an income state for the month ended July 31, 2019. If you didn't complete the end of period work sheet in Part use the door (The Excel apreldsheety to prepare an income statement for the month onded My 31, 2019. Be sure to complete the statement heading inefloss has been incurrenter that amount as a negative number using a minus sign. Use the Ast of Label and Amount Descriptions for the correct wording of bottom other than account names. You will not need to write colons() on the income alement Gourmet Consulting Income Statement Label) D Check My Work 2 more Check My Wok user mining Next > All work saved Luctor Same Assignment for Gradin ED o 1107 * > enow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator Binprogress-false Book Statement of Owner's Equity 8. you completed the end of benod worksheet Part 1, the acted trial balance bours to prepare a statement of owner's equity for the month anded July 31, 2019. you did complete the end of period worksheet in Part ne theledow (the rol spreadsheed to prepare a statement of owner's equity for the month ended Jy 3, 2018. Be sure to complete the same heading No additional investments were made during a ne oss has been incorredor Dhire has been a decrease in ownern equity for that amount as a give meg a magnise the of Labins and Amount Descriptions for me conect wording to the account balance is 2000) enter a zero (0) Gourmet Consulting Statement of Owner's Equity Label Balance Sheet Check My Work Check My Works Next All work saved Eman Save and Ex Submissiment for Grading c e 2/12/2000 Look Balance Sheet 3 you completed the end-of-period worksheet in Patune the austed trial balance figures to prepare a balance sheets of July 31, 2019 yow chat complete the end-of-period worksheet in Part to use the jedger (he Excel edsheed to prepare a balance sheet as of July 31, 2019 Bere to complete the element heating Fored and must be evitered in order according to account number Use the list of Labels and Amount Descriptions for the correct wording or text mester than account. You will not need to enter colon) or the word teson me balance sheet they will automatically insert where necessary Gourmet Consulting Balance Sheet Label) Assets + Check My Work 2 monte My Woman Next > An worked Save and Submit Augment for Grading 2/12.000 ebook + be 30 14 Lates 1 13 Owner's Equity 11 Posl-closing Trial Balance 10 A pocongtrance Check My Work 2 Cho My Worker Net All work saved Seven Subm Assignment for BO - 0 GU44 ESP eBook Post dosing Trial Balance 10. Prepare a post-closing the balance Gourmet Consulting POST CLOSING TRIAL BALANCE July 31, 2019 COBIT TITLE DET CREDIT 1 Cash 2 Scouts Receivable Supplies + Prepaid Rent Prepaid luran Office Equipment Accumulated DeprecationCHice Equipment Accounts Payable Pajab Urmed Fors olare Upton Capital Check My Work 2 more Check My Wong All wo sve France Submit Anger 52
