Jennifer starts a new business in food delivery services under the name "Jenni fast delivery", the capital is

250,000 USD, Paid in cash on 1 March 2021.

Jenni hires you as the company accountant , and bellow transactions accrued during 2021:

1- On March 30 ,2021. Jenni billed KFC restaurant for deliver the food to the costumers, the bill price is

5,000$ covering 1 to 31 March.21.

2- On April 4,2021, Jenni received the due amount from KFC for March services bill.

3- On June 10,2021, Jenni company purchase a delivery truck to join the delivery line service, the truck

cost 30,000S paid in cash.

4- On July 7, 2021,the company paid 12,000$ for fire insurance premium cover till end of 2021.

5- On September 18, 2021, Jenni company received 1,500$ cash in advance form Apex company to

provide delivery service for the month of October.2021.

6- On October 3 ,2021, Jenni company paid 1,300$ to Jennifer as personal use.

7- The company December.2021 office rent is 1500$, due at last day of the month

Requirement:

1- Journalize all above transactions in Jennifer Company book during 2021.

2- Post all transactions into their individual ledger, before and after adjustment.

3- Adjust all transactions where needed.

4- Prepare the trial balance at December 31,2021

5- Prepare the income statement on December 31,2021.

6- Prepare the owner equity statement on December 31,2021.

7- Prepare the balance sheet on December 31,2021.v

Jennifer starts a new business in food delivery services under the name "Jenni fast delivery", the capital is 250,000 USD, Paid in cash on 1 March 2021. Jenni hires you as the company accountant, and bellow transactions accrued during 2021: 1- On March 30,2021. Jenni billed KFC restaurant for deliver the food to the costumers, the bill price is 5,000$ covering 1 to 31 March.21. 2- On April 4,2021, Jenni received the due amount from KFC for March services bill. 3- On June 10,2021, Jenni company purchase a delivery truck to join the delivery line service, the truck cost 30,000$ paid in cash. 4- On July 7, 2021, the company paid 12,000$ for fire insurance premium cover till end of 2021. 5- On September 18, 2021, Jenni company received 1,500$ cash in advance form Apex company to provide delivery service for the month of October 2021. 6- On October 3,2021, Jenni company paid 1,300$ to Jennifer as personal use. 7- The company December 2021 office rent is 1500$, due at last day of the month. Requirement: 1- Journalize all above transactions in Jennifer Company book during 2021. 2- Post all transactions into their individual ledger, before and after adjustment. 3- Adjust all transactions where needed. 4- Prepare the trial balance at December 31,2021. 5- Prepare the income statement on December 31,2021. 6- Prepare the owner equity statement on December 31,2021. 7- Prepare the balance sheet on December 31,2021