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Ike Cream is a photographer who has started a new photography business. On December 1, 2018, Ike decided to incorporate under the name Berkey Photography.

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Ike Cream is a photographer who has started a new photography business. On December 1, 2018, Ike decided to incorporate under the name Berkey Photography. Ike has hired you to provide accounting services for the company. Read the instructions at the top of each tab. Prepare the required journal entries for the month of December, the necessary adjusting entries and closing entries as of December 31, and a complete set of financial statements, to include all proper labels. Show less sa orings Balance Sheet Requirement General Trial Balance Income St Journal Ledger Requirement: General Journal tab: Ike Cream is a photographer who has started a new photography business. On December 1, 2018, Ike decided to incorporate under the name Berkey Photography. Ike has hired you to provide accounting services for the company. Transactions 1-11: Prepare journal entries to record transactions for the first month in business. Transactions 12-15: Prepare the required adjusting entries. Transactions 16-19: Prepare the necessary closing entries. General Ledger tab: Entries are posted automatically to the general ledger. Abnormal balances are indicated in brackets. Review the general ledger accounts for normal balances. Trial balance tab: Use the dropdown button to review the unadjusted, adjusted, or post-dosing trial balance. Review for normal ending balances Income statement tab: Select the financial statement elements and accounts properly included on the income statement. The balances automatically populate from the trial balance selected. Statement of retained earnings tab: Select the proper label for each value appearing on the statement of retained eamings. Make sure the ending balance agrees with the general ledger balance Balance sheet tab: Select the financial statement elements and accounts properly included on the balance sheet. The balances automatically populate from the trial balance selected

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