Journal Ledger 2. Post (in chronological order) the journal to a ledger of four-column accounts, inserting appropriate posting references in both the journal and the ledger as each item is posted. Extend the balances to the appropriate balance columns after each transaction is posted. Record DATE, POST. REF, a debit or credit and a debit or credit under BALANCE on every line. In CNOW, Journal pages do not begin with "J". For example journal page 10 POST. REF is simply 10. If the ending balance is $0, at least one balance amount should be $0. Account: Cash Account: Accounts Receivable Account: Supplies Account: Prepaid Insurance Account: Office Equipment Account: Van LEDGER Account No. 11 Account No. 12 Account No. 13 Account No. 14 Account No. 16 Account No. 18 instruction Chart Of ACCOUTER Journal Ledger Account: Cash Account: Accounts Receivable Account: Supplies Account: Prepaid Insurance Account: Office Equipment Account: Van Account: Notes Payable Account: Accounts Payable Account: Hannah Ellis, Capital Account: Hannah Ellis, Drawing Account: Fees Earned Account Wheel Expense LEDGER Account No. 11 Account No. 12 Account No. 13 Account No. 14 Account No. 16 Account No. 18 Account No. 21 Account No. 22 Account No. 31 Account No. 32 Account No. 41, Account No. 51 Ledger Unadjusted Trial Balance 3. Prepare an unadjusted trial balance for Whitworth Designs as of June 30, 2016. 1 Cash 2 Accounts Receivable 3 Supplies Whitworth Designs UNADJUSTED TRIAL BALANCE June 30, 20Y6 ACCOUNT TITLE DEBIT CREDIT Unadjusted Trial Balance Final Questions 3. 4. Determine the excess of revenues over expenses for June. 5. Can you think of any reason why the amount determined in (4) might not be the net income for June? Check all that apply. Fees earned includes some fees earned in the month of June that have not been received. Utilities expense includes expenses incurred for the month of June than have not yet been paid 3. Final Questions 5. Can you think of any reason why the amount determined in (4) might not be the net income for June? Check all that apply. 2 Fees earned includes some fees earned in the month of June that have not been received. Utilities expense includes expenses incurred for the month of June than have not yet been paid Additions to capital has been wrongly recorded as drawings. Some supplies may have been used during June but no supplies expense has been recorded