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Journalize each transaction in a two-column journal. Post the journal to a ledger. Prepare an unadjusted trial balance. At the end of October, the following

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Journalize each transaction in a two-column journal. Post the journal to a ledger. Prepare an unadjusted trial balance. At the end of October, the following adjustment data were assembled. Analyze and use these data to complete the adjustments: a. Insurance expired during October is $250. b. Supplies on hand on October 31 are $700. c. Depreciation of office equipment for October is straight line method. The useful life is 5 years and the salvage value is $ 500. d. Merchandise ending inventory is $1,500 by FIFO method. e. Accrued receptionist salary on October 31 is $250. f. Rent expired during October is $ 1.600. g. Record the October 31 accrued notes payable. h. Record the October 31 accrued notes receivable. 6. Journalize,post the adjusting entries and prepare the adjusted trial balance. 8. Prepare an income statement, a statement of Retained Earning. Balance- Sheet. 9. Prepare and post the closing entries. Journalize each transaction in a two-column journal. Post the journal to a ledger. Prepare an unadjusted trial balance. At the end of October, the following adjustment data were assembled. Analyze and use these data to complete the adjustments: a. Insurance expired during October is $250. b. Supplies on hand on October 31 are $700. c. Depreciation of office equipment for October is straight line method. The useful life is 5 years and the salvage value is $ 500. d. Merchandise ending inventory is $1,500 by FIFO method. e. Accrued receptionist salary on October 31 is $250. f. Rent expired during October is $ 1.600. g. Record the October 31 accrued notes payable. h. Record the October 31 accrued notes receivable. 6. Journalize,post the adjusting entries and prepare the adjusted trial balance. 8. Prepare an income statement, a statement of Retained Earning. Balance- Sheet. 9. Prepare and post the closing entries

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