Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need the journal entries You are logged in as Makda Gebregziabher Cosmetics supplies $340.00 Hair care supplies 112.00 Office and computer supplies 59.00 SD42:

I need the journal entries

image text in transcribed
You are logged in as Makda Gebregziabher Cosmetics supplies $340.00 Hair care supplies 112.00 Office and computer supplies 59.00 SD42: Memo #12 Dated February 28, 2021 From Partners: Complete adjusting entry for prepaid expenses expired Insurance $1,050.00 SD43: Bank Debit Memo DM-58284 Dated February 28 2021 From Capital Bank. Authorized withdrawals from Bank Chequing account for service charges and loan payments. Create a new Expense account: Bank Charges. Monthly Bank Service Charges $42.00 Mortgage ($1,000 principal; $150 interest) 1.150:00 Long-Term Loan ($700 principal: $200 Interest)900:09 SD44: Bank Credit Memo CM-204552 Dated February 28, 2021 From Capital Bank: Interest earned on bank deposits. Chequing account $10 00 Savings account 29:00 2. Prepare the Trial Balance as of February 28. 2021 and save as a pdf 3. Prepare the Journal from February 1 to February 28, 2021 and save as a pdf 4. Prepare the Profit and Loss Standard from February 1 to February 28, 2021 and save as a pdf 5. Prepare the A/R Aging Detail Report at February 28, 2021 and save as a pdf 6. Prepare the A/P Aging Detail Report at February 28, 2021 and save as a pdf 7. Email the 5 reports and Invoice pdfs from SD13, SD16 and SD34 to your instructor for grading

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

9th Edition

1119754054, 9781119754053

More Books

Students also viewed these Accounting questions

Question

14. Now reconcile what you answered to problem 15 with problem 13.

Answered: 1 week ago