i need the supplies expense, depreciation expense, insurance expense and miscellaneous expense forms filled out
OJB Company began started its business in January 2016. The following transactions occurred in February 2016: Feb 1 Purchased supplies on account, $400. 2 Received cash from customers on account, $1,750. 3 Paid $400 on account. 5 Paid technician $750 in salary, including the amount owed at the end of January. 8 Billed customers for services provided on account, $3,200. 11 Paid cash for advertising on a local website, $400. 12 Received $3,670 cash for fees earned for jobs completed. 16 Paid electricity bill for the month, $290. 17 Received $8,800 cash for fees eamed for jobs completed. 19 Paid technician $750 in salary. 20 Billed customers for services provided on account, $6,100. 22 Received cash from customers on account, $9,500. 25 Paid phone bill for the month, $180. 26 Received cash from customers as an advance payment for technical support services to be provided in the future, $2,500. 27 Billed customers for services provided on account, $3,900. 28 Received cash from customers on account, $5,100. 28 OJB withdrew $8,000 for personal use. Comprehensive Problem - Instructions OJB COMPANY: Chart of Accounts 1. The chart of accounts and the post-closing trial balance as of January 31, 2016 are given. For each acoount in the post-closing trial balance, enter the balance in the appropriate Balance column 11 Cash 12 Accounts Recelvable of the ledger. Date the balances January 31, 2016, and place a 14 Supplies check mark () in the Posting Reference column. Journalize 15 Prepaid Rent each of the February transactions in the journal provided using 16 Prepaid Insurance O.J Compary's chart of accounts. (Do not insert the account 18 Office Equipment numbers in the joumal at this time). 19 Accumulated Depreciation 21 Accounts Payable 2. Post the journal to the ledger. 22 Salaries Payable 23 Uneamed Fees 3. Prepare an unadjusted trial balance. OuB. Capital 4. At the end of February, the following adjusiment data were assembled. Use this data to complete instructions (5) and (6) : a. Supplies on hand were $600. b. Rent expired during the month was $1,600. c. Uneamed fees at the end of the month were $3,500. d. Insurance expired during the month was $300. e. Accrued salaries payable were $240. f. Depreclation on equipment during the month was $330. 5. Optional: Enter the unadyusted trial balance on an end-of-period spreadsheet/worksheet and complete the worksheet. 6. Journalize and post the adjusting entries. 7. Prepare an adjusted trial balance. 8. Prepare an income Statement, Statement of Owners Equity, and Balance Sheet. 9. Recond and post the closing entries. Indicate closed accounts in the ledger by inserting a line in both of the Balance columns opposite each closing entry. 10. Prepare a post-closing trial balance. OJB COMPANY Post Closing Trial Balance January 31,2016 COMPREHENSIVE PROBLEM 1, Continued ACCOUNT Sundlies Exnense Account in 52 ACCOUNT Depreciation Expense ACCOUNT NO. 54 ACcounT Insurance Expense ACCOUNT NO. 55 Miscellaneous Expense ACCOUNT NO. 59
