Introduction: RG Travel and Tours is a travel agency that offers international and local travel packages. The company is owned and operated by Richard Green. Richard has provided you with the opening balances from May 31, 2021 and a list of transactions for the month of June. The company's Chart of Accounts is also included. Enter the opening balances from the May 2021 balance sheet into the general ledger accounts (Use an Excel file for the general ledger accounts). Prepare the journal entries for the month of June and post them to the appropriate general ledger accounts (Use an Excel file for the general ledger accounts). Create the trial balance in the worksheet, and then complete the remaining section of the worksheet. i) Enter the General Ledger account balances in the Unadjusted Trial Balance columns of the worksheet. ii) 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, Classified Balance Sheet). Enter the closing journal entries in the journal and post to the General Ledger accounts. Assume the company uses the income summary method. Prepare the post-closing trial balance. a) Enter the opening balances from the May 2021 balance sheet into the general ledger accounts (Use an Excel file for the general ledger accounts). b) Prepare the journal entries for the month of June and post them to the appropriate general ledger accounts (Use an Excel file for the general ledger accounts) c) Create the trial balance in the worksheet, and then complete the remaining section of the worksheet. d) i) Enter the General Ledger account balances in the Unadjusted Trial Balance columns of the worksheet. ii) 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, Classified Balance Sheet). Enter the closing journal entries in the journal and post to the General Ledger accounts. Assume the company uses the income summary method. Prepare the post-closing trial balance. e) f) g) Introduction: RG Travel and Tours is a travel agency that offers international and local travel packages. The company is owned and operated by Richard Green. Richard has provided you with the opening balances from May 31, 2021 and a list of transactions for the month of June. The company's Chart of Accounts is also included. Enter the opening balances from the May 2021 balance sheet into the general ledger accounts (Use an Excel file for the general ledger accounts). Prepare the journal entries for the month of June and post them to the appropriate general ledger accounts (Use an Excel file for the general ledger accounts). Create the trial balance in the worksheet, and then complete the remaining section of the worksheet. i) Enter the General Ledger account balances in the Unadjusted Trial Balance columns of the worksheet. ii) 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, Classified Balance Sheet). Enter the closing journal entries in the journal and post to the General Ledger accounts. Assume the company uses the income summary method. Prepare the post-closing trial balance. a) Enter the opening balances from the May 2021 balance sheet into the general ledger accounts (Use an Excel file for the general ledger accounts). b) Prepare the journal entries for the month of June and post them to the appropriate general ledger accounts (Use an Excel file for the general ledger accounts) c) Create the trial balance in the worksheet, and then complete the remaining section of the worksheet. d) i) Enter the General Ledger account balances in the Unadjusted Trial Balance columns of the worksheet. ii) 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, Classified Balance Sheet). Enter the closing journal entries in the journal and post to the General Ledger accounts. Assume the company uses the income summary method. Prepare the post-closing trial balance. e) f) g)
