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Individual Assignment #1 Your Jobs: a) Enter the opening balances of the General Ledger accounts using September 1 as the date. b) c) d)

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Individual Assignment #1 Your Jobs: a) Enter the opening balances of the General Ledger accounts using September 1 as the date. b) c) d) e) Journalize and then post the transactions to the General Ledger accounts. Enter the General Ledger account balances in the Unadjusted Trial Balance columns of the worksheet. Enter the adjustments in the Adjustments columns and complete the worksheet. Record the adjustments in the journal and post amounts to the General Ledger accounts. Prepare the financial statements (Income Statement, Statement of Changes in Equity, Balance Sheet) f) g) h) Prepare the post-closing trial balance. Enter the closing journal entries in the journal and post to the General Ledger accounts. Assume the company uses the income summary method. 3

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