July 31 Ending Bal. $14,980

Planer Consulting Corporation completed the following transactions during the month of August.

Aug 1	Paid secretary-receptionist the wages earned in July.
Aug 5	Purchased supplies on account for $220.
Aug 16	Paid utility bill received in July.
Aug 20	Billed client for providing $4,000 in services.
Aug 22	Earned the $3,000 advance payment made by client in July.
Aug 25	Collected $7,800 from accounts receivable.
Aug 31	Paid $700 in dividends to stockholders

#1:

a. Prepare journal entries for the August transactions and post to the ledger.

b. Prepare an unadjusted trial balance for August 31, 2019.

Information for adjusting entries for August 31:

Aug 31	Make the adjustment for interest on the note payable.
Aug 31	Make the adjustment for depreciation.
Aug 31	Make the adjustment for insurance.
Aug 31	Counted the supplies, had $40 of supplies on hand.
Aug 31	Make the adjustment for rent expense.
Aug 31	Make the adjustment for wages earned by secretary-receptionist.

c. Prepare journal entries for the adjustments for August and post to the ledger.

d. Prepare an adjusted trial balance for August 31, 2019.

e. Prepare an income statement, retained earnings statement, and balance sheet for the month of August 2019.

f. Prepare closing journal entries for August and post to the ledger.

g. Prepare a post-closing trial balance for August 31, 2019