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Instructions The unadjusted trial biance of ploenter Laundy at June 30, 2013, the end of the facel yout, torkows: Epicenter Laundry UNADJUSTED TRIAL BALANCE Jupe

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Instructions The unadjusted trial biance of ploenter Laundy at June 30, 2013, the end of the facel yout, torkows: Epicenter Laundry UNADJUSTED TRIAL BALANCE Jupe 30, 2013 ACCOUNT TITLE CREDIT DET 11.000,00 1 Cash 21.500.00 Laundry Supplies Prepaid Insurance Laundry Equipment 9,500.00 232,600.00 Instructions 125.400.00 11,800.00 105,600.00 10,000.00 Accumulated Depreciation Accounts Payable Sophie Perex, Capital Sophie Pers, Drawing Laundry Revenue 10 Wages Expense 11 Rent Expense Utilities Expense 1 Miscellaneous Expense 752,700.00 125,200 DO 40,000.00 19,700.00 5.400.00 10 Totals 475,000.00 475000.00 Instructions The data needed to determine year-end adjustments are as follows: Laundry supplies on hand at June 30 are $3,600 Insurance promiums expired during the year aro $5,700 Depreciation of laundry equipment during the year is $8,500. Wagen socrued but not paid at June 30 are $1,100. . Required: 1. For each account listed in the unadjusted trial balance, enter the balance in a T account only the balance as "Bal" 2. (Optional) on your own paper or spreadsheet, enter the unadjusted trial balance on an end-of-period work sheet and complete the work sheet 3. a. Joumalize the aqusting entries on page 10 of the journal. Adjusting entries are recorded on June 30. 3. a. Joumalize the adjusting entries on page 10 of the journal. Adjusting entries are recorded on June 30, b. Post the adjusting entries. In the accounts, identify the adjustments by "A" and the new balances as "Adj. Bal." (Be sure to add a posting reference to the journal.) 4. Prepare an adjusted trial balance. 5. Propare an income statement, a statement of owner's equity, and a balance sheet." 6. a. Joumailze the closing entries on page 11 of the journal b. Post the closing entries in the accounts, idently the closing entries by "Clos" (Be sure to add a posting reference to the journal.) 7. Prepare a post-closing trial balance. "Be sure to read the instructions for each financial statement carefully

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