JOURNALIZE TRANSACTIONS & ADJUSTING JOURNAL ENTRIES JOURNAL - Pg. 2 Accounts Names Post (No Explanations Necessary) Ref Debit Credit Date 3 of 9 Waters Environmental Consulting Trial Balance April 30, 2019 Account Name Debit Credit TOTALS The accounts of Ashton Appliances Company are listed along with their adjusted balances before closing for the month ended June 30, 2019 $ $ 16,700 Prepaid Expenses 2.400 39,000 33,600 37,700 46,000 Note payable, long-term Salary payable Supplies Expense Utilities Expense 54,100 20,000 2,700 2,500 7,500 350.000 Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Drawing Cash Cost of goods sold Equipment Salaries Expense Notes payable, short-term 8,000 170,000 38,000 135,200 Rent Expense Supplies Unearned sales revenue 6,000 60,000 13.800 1.200 Requirements: 1. Prepare a multi-step income statement 2. Prepared the statement of owner's equity 3. Prepared a classified balance sheet Ashton Appliances Company Income Statement For the month ended June 30, 2019 Saf Statement of Owner's Equity Toled led bestehe Ashton Appliances Company olyotlo For the month ended June 30, 2019 00 00 Ashton Appliances Company Balance Sheet June 30, 2019 Foto The accounts of Taylor Electronics Company are listed along with their adjusted balances before closing for the month ended June 30, 2019. Prepare the closing journal entries in the journal below. Prepaid Expenses Inventory Note Payable, Long-Term Salary Payable Supplies Expense Utilities Expense Sales Revenue Rent Expense Supplies Unearned Sales Revenue $ 8,200 39,000 46,000 2,700 2,500 7,500 350,000 38,000 6,000 13.800 Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Owner Withdrawals Cash Cost of Goods Sold Equipment Salaries Expense Notes Payable, Short-Term $ 16,700 22,800 37,700 54,100 20,000 8,000 170,000 135,200 65,000 1,200 Date Credit Debit Account Name of The accounts of Taylor Electronics Company are listed along with their adjusted balances before closing for the month ended June 30,2019. Prepare the POST-CLOSE TRIAL BALANCE Prepaid Expenses Inventory Note Payable, Long-Term Salary Payable Supplies Expense Utilities Expense Sales Revenue Rent Expense Supplies Unearned Sales Revenue $ 8.200 39,000 46,000 2,700 2,500 7,500 350,000 38,000 Accounts payable Accounts receivable Accumulated depreciation Taylor, Capital, June 1 Taylor, Owner Withdrawals Cash Cost of Goods Sold Equipment Salaries Expense Notes Payable, Short-Term $ 16,700 22,800 37.700 54.100 20,000 8,000 170,000 135,200 65.000 1,200 6,000 13,800 Taylor Electronice Company Post-Closing Trial Balance June 30, 2019 Account Name Debit Credit TOTALS
