Instructions:

1.. Prepare all the ledger balances of all the accounts

2. Prepare the unadjusted trial balance

3. Prepare all the adjustments that are needed and provide all the adjusting journal entries

4. You have to present all the methods, adjusting journal entries and their computation.

SEPTEMBER 1. Mr. Uzumaki invested 300,000 to begin his business

SEPTEMBER 4. Purchased cleaning equipment in UNACHO Company worth 80,000, paying 60% cash and the other 40% will be paid on account.

SEPTEMBER 08. Carwash with vacuum and detailing service was rendered to Mr. Jiraiya who paid 2,000 in cash.

SEPTEMBER 11. Paid advance rent for 3 months with cash worth 21,000.

SEPTEMBER 15. Paid full settlement of debt to UNACHO Company.

SEPTEMBER 19. Ms. Tsunade a customer paid 9,000 on account for her car's engine wash and undercoat service

SEPTEMBER 22. Purchased cleaning agents to Hidden Leaf Company which cost 8,000 and was paid on cash

SEPTEMBER 25. Paid Taxes and license for 2,000

SEPTEMBER 28. Collected the 50% on account from Ms. Tsunade

SEPTEMBER 30. Mr. Uzumaki withdrew 5,000