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Jostructions 1. Prepare igral entries to record each of the January transactions (Qmit explanations.) 2. Post the igumal entries to the accounts in the ledger
Jostructions 1. Prepare igral entries to record each of the January transactions (Qmit explanations.) 2. Post the igumal entries to the accounts in the ledger 3. Prepare an ypadiusted trial balance as of January 31, 2019. ADJUSTMENTS: A- Losurance expires at the rate of 200. B- 100 of supplies are on hand, C- Depreciation on the equipment is 500. D Interest of 300 has accured to the saving account 4. Prepare journal entries to record each of the January transactions. (Qmit explanations.) 5. Post the iguma entries to the accounts in the ledger 6. Prepare an adiusted trial balance as of January 31, 2019. 7. Prepare Income Statement. 8. Prepare Retained Equity Statement. 9. Prepare Balance Sheet. 10. Jornalize the closing entries, 11. Prepare an post trial balance as of January 31, 2019. Destions: 1) On January 1, 2019, issues 15,000 shares of commgo stock for cash. 2) On January 5, 2019, purchases equipment on account for 6,500, paid 3,000 cash and rest of the balance due within the month 3) On January 8, 2019, receives 3,000 cash in advance from a customer for services not yet rendered. 4) On January 9, 2019, pays 2,400 insurance for one year in cash. 5) On January 10, 2019, provides 8,500 in services to a customer whe asks to be killed for the services. 6) On January 11, 2019, purchases supplies on account for 300, payment due within three months. 7) On January 17, 2019, receives. 4,800 cash from a customer for services rendered. 8) On January 19, 2019, paid in full, with cash, for the equipment purchase on January 5. 9) On January 20, 2019, paid 3,600 cash in salaries expense to employees. 10) On January 30, 2019, divident payment of 1,200 made
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