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In previous modules, you examined the initial stages of the accounting cycle and practicod journalizing financial transactions. In Milestone One, you will complete the first

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In previous modules, you examined the initial stages of the accounting cycle and practicod journalizing financial transactions. In Milestone One, you will complete the first part of your course project to demonstrate your ability to accurately record financial data, which will continue to be used to complete other parts of the project. Scenario You were recently hired as an entry level bookkeeper for a service business that recently opened. This is the first month in operation for the business and your first task is to record business transactions for their first month using the source documents and transaction data the owner will provide to you. Because this is a small business that does not use computerized accounting. you will apply the accounting cycle in Excel to record transactions and generate financial reporting results for the owner. Prompt Record Financial Data; Use accepted accounting principles to accurately capture business transactions for the month in the Company. Accounting Workbook Template using the data provided in the Accounting Data Appendix document. Specifically, you must address the following rubric criteria! - Accuracy: Prepare entries that are accurate in that they fully reflect the appropriate information. - Completeness: Prepare entries that are complete for each month, including transferring posted entries to T accounts. - Unadjusted Trial Balance: Prepare the unadjusted trial balance portion of the "Trial Balance" tab of the company accounting workbook. ensuring that the total debits and credits match ACC201 Accounting Data Appendlx The following events occurred in June: - June 5: Owner ordered office supplies, on account, in the amount of $750.00. - June 6: Owner performed service for client on account in the amount of $1,000. - June 9: OWner provided service for client in the amount of $1,500. Customer pald $750 at time of service. Client will be billed for the balance due. - June 10: Owner pald $250 in advertising costs to the local paper. - June 15: Owner recorded wages due to the part-time employee in the amount of \$325. This will be paid on June 20. - June 15: Owner prepald business insurance to cover July through December at the rate of $125 per month. - June 20: Owner pald wages due to part-time employee from period ending June 15. - June 21: Owner pald for plumbing repairs in the office in the amount of $210. - June 22: Owner withdrew $1,000 cash for personal use. - June 23: Customer pald balance due from June 6 service in the amount of $1,000. - June 25: Owner provided service to client in the amount of $800. Client pald at time of service. - June 28: Owner pald balance due for office supplies purchase on June 5 . - June 29: Owner performed service for client on account in the amount of $2,225.00. - June 30: Owner recelved telephone bili for month of June in the amount of \$155 and recorded the expense. This bill will not be pald until July. - June 30: Last day of pay perlod; OWner owes part-time worker $325 for the June 16 through June 30 pay period. This will be pald on July 5. - June 30: Record depreciation on vehicle at $250. A Company General Joumal Entries

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