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Jonah's Grooming Services provides pet grooming to multiple kinds of pets. The business completed the following transactions during April 2 0 2 4 : Apr.

Jonah's Grooming Services provides pet grooming to multiple kinds of pets. The business
completed the following transactions during April 2024:
Apr. 1 Jonah's Grooming Services was able to open its doors when the owner, Jonah,
contributed $10,000 cash and an office suite that was worth $25,000. The business
issued Jonah capital in exchange for this contribution. Please show as a compound
journal entry and record the office suite as Building.
1 Paid $1,600 for an four-month insurance policy. The policy begins when the policy
has been paid for.
4 Groomed 2 German Shepherds for Nina on account for $300.
8 Collected $1,200 cash from Circle R Stables to provide horse grooming for the next
3 months, but Jonah has not yet provided the services.
10 Paid $400 for brushes and clippers. Record these items as Supplies.
12 Paid the employee wages of $500.
18 Purchased a pet bathing station, paying $2,000 on account. Record the station as
Equipment
20 Collected $200 cash from Nina on account.
22 Received $1,600 for performing various grooming jobs.
24 Provided additional grooming services on account for $800.
26 Paid $1,300 on account.
28 Paid the light and water bill (utilities) of $250 for the month of December.
29 Collected the remaining cash from Nina's account.
30 Jonah withdrew cash of $1,000.
Requirements
Record each transaction in the journal using the following chart of accounts.
Explanations are not required.
Post the transactions in the T-accounts.
Prepare an unadjusted trial balance as of April 30,2024.
Journalize the adjusting entries using the following adjustment data and also by
reviewing the journal entries prepared in Requirement 1. Post adjusting entries to the T-
accounts.
Adjustment data:
a. Depreciation was recorded on the equipment and building using the straight-line
method. For the equipment, depreciation expense equals $50. For the building,
depreciation expense is $500.
b. Unearned Revenue earned during the month, $400
c. Accrued Wages Expense, $700.
d. Prepaid Insurance for the month has expired.
e. Supplies on hand, $150.
f. Accrued Service Revenue for grooming services provided to Lane, $400.
Prepare an adjusted trial balance as of April 30,2024.
Prepare Jonah's Grooming Services income statement and statement of owner's equity
for the month ended April 30,2024, and the classified balance sheet on that date.
Journalize the closing entries, and post to the T-accounts.
Prepare a post-closing trial balance as of April 30,2024.
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