make an excell sheet as a journal entry cycle.
need a t account for each entry
A Complete Accounting Cycle Project After graduating from College you have decided to open a Booklet C ulting Firm. You did some consulting during last few months C o rting July 2016. You should cheme NAME C h e Your new fi r ed the following constring 2006 1.Jul Following the rived from yon change for 1000 ho d U n ol Deprecanice e : Yes Office Equ f I The r actices as c Received a cash from c o m Scheddalo ntarOffice De 6 Received cando com a 10 Power 12 Pad Office Depot for profec undado em lalalalalalalalala 14 Pad your reception for t wo 17 From a cash clients, you received casher providing some cos 18 You paid by your business di cand se pucha p lies m 30 Scut o tor did during last few days 24 From a cash ch y o revived cash fler providing some 26 Received cash from clients en account 27 Pw your roept for two weeks' salary 29 Received and paid elephone bill for July (Ch 007) 31 Received and paid electricity will for July (Chr ) 31 From a cash clients, you recived cash after providing someon 31 Sent invoice 007 a customer for the service provided during last few days 31 Declared and raid dividends Ch. 009) 1 Instructions: Record the transactions & Post to the General Ledger account 2 PrepareBank Reconciliation and post the messery General lumaltres 3 Prepare a worksheet with adjusted trial balances in it. At the end of use these data to complete m e nd adjustments Supply on hand Record adjustments to Insurance Rent and Equipment Depreciate Accrual replica salary on July 1st for one day Unewmed fees as of July 31................. Journaline and adjusting entries after completing the worksheet 5 Prepare Income Statement, a Retained Farming Statement, and a Balance Sheet 6 Prepare d and post closing entries 7 P ara Posting Trial Balance Write a Memand to your bank in regards to profitability of your ow n 13500 20800 3200 7500 sano 4500 S500 6500 A Complete Accounting Cycle Project After graduating from College you have decided to open a Bookkeeping Consulting Firm. You did some consulting during last few months and you recently filed a Corporation starting July 2016. You should choose a name: NAME Consulting Inc. Your new firm entered into the following transactions starting July 1st, 2016 Following assets were received from you in exchange for 1000 shares of common stock: Cash AR Supplies Use straight line of Depreciation Office Equipment Office Equipment useful life: Years Residual Value: 320.00 The firm paid 2 months' rent for a office space lease contract........... Paid one year insurance policy premium in advance Received advance cash from a new clients for future services Purchased additional office equipment on account from Office Depot Received cash from clients on account Paid cash for a local newspaper advertisement Paid Office Depot for part of equipment purchased on account Sent invoice #005 to a customer for 90 hrs consultation provided recently Paid your receptionist for two weeks' salary From a cash clients, you received cash after providing some consultation You paid by your business debit card to purchase some supplies Sent invoice #006 to a customer for the service provided during last few days From a cash clients, you received cash after providing some consultation Received cash from clients on account Paid your receptionist for two weeks' salary Received and paid telephone bill for July (Chil007) Received and paid electricity bill for July (Ch#008) From a cash clients, you received cash after providing some consultation Sent invoice 2007 to a customer for the service provided during last few days Declared and paid dividends (Ch 009) 15100 400 5200 600 S1525 Instructions: Record the transactions & Post to the General Ledger accounts. Prepare Bank Reconciliation and post the necessery General Journal Entries Prepare a worksheet with unadjusted trial balances in it. At the end of July analyze and use these data to complete month-end adjustments. Supply on hand........... Record adjustments to Insurance, Rent and Equipment Depreciation Accrual receptionist salary on July 31st for one day. Unearned fees as of July 31 .......... lournalize and post adjusting entries after completing the worksheet Prepare an Income Statement, a Retained Earnings Statement, and a Balance Sheet Prepare, record, and post closing entries. Prepare a Post-closing Trial Balance Write a Memorandum to your bank in regards to profitability of your new corporation. 2750 A Complete Accounting Cycle Project After graduating from College you have decided to open a Booklet C ulting Firm. You did some consulting during last few months C o rting July 2016. You should cheme NAME C h e Your new fi r ed the following constring 2006 1.Jul Following the rived from yon change for 1000 ho d U n ol Deprecanice e : Yes Office Equ f I The r actices as c Received a cash from c o m Scheddalo ntarOffice De 6 Received cando com a 10 Power 12 Pad Office Depot for profec undado em lalalalalalalalala 14 Pad your reception for t wo 17 From a cash clients, you received casher providing some cos 18 You paid by your business di cand se pucha p lies m 30 Scut o tor did during last few days 24 From a cash ch y o revived cash fler providing some 26 Received cash from clients en account 27 Pw your roept for two weeks' salary 29 Received and paid elephone bill for July (Ch 007) 31 Received and paid electricity will for July (Chr ) 31 From a cash clients, you recived cash after providing someon 31 Sent invoice 007 a customer for the service provided during last few days 31 Declared and raid dividends Ch. 009) 1 Instructions: Record the transactions & Post to the General Ledger account 2 PrepareBank Reconciliation and post the messery General lumaltres 3 Prepare a worksheet with adjusted trial balances in it. At the end of use these data to complete m e nd adjustments Supply on hand Record adjustments to Insurance Rent and Equipment Depreciate Accrual replica salary on July 1st for one day Unewmed fees as of July 31................. Journaline and adjusting entries after completing the worksheet 5 Prepare Income Statement, a Retained Farming Statement, and a Balance Sheet 6 Prepare d and post closing entries 7 P ara Posting Trial Balance Write a Memand to your bank in regards to profitability of your ow n 13500 20800 3200 7500 sano 4500 S500 6500 A Complete Accounting Cycle Project After graduating from College you have decided to open a Bookkeeping Consulting Firm. You did some consulting during last few months and you recently filed a Corporation starting July 2016. You should choose a name: NAME Consulting Inc. Your new firm entered into the following transactions starting July 1st, 2016 Following assets were received from you in exchange for 1000 shares of common stock: Cash AR Supplies Use straight line of Depreciation Office Equipment Office Equipment useful life: Years Residual Value: 320.00 The firm paid 2 months' rent for a office space lease contract........... Paid one year insurance policy premium in advance Received advance cash from a new clients for future services Purchased additional office equipment on account from Office Depot Received cash from clients on account Paid cash for a local newspaper advertisement Paid Office Depot for part of equipment purchased on account Sent invoice #005 to a customer for 90 hrs consultation provided recently Paid your receptionist for two weeks' salary From a cash clients, you received cash after providing some consultation You paid by your business debit card to purchase some supplies Sent invoice #006 to a customer for the service provided during last few days From a cash clients, you received cash after providing some consultation Received cash from clients on account Paid your receptionist for two weeks' salary Received and paid telephone bill for July (Chil007) Received and paid electricity bill for July (Ch#008) From a cash clients, you received cash after providing some consultation Sent invoice 2007 to a customer for the service provided during last few days Declared and paid dividends (Ch 009) 15100 400 5200 600 S1525 Instructions: Record the transactions & Post to the General Ledger accounts. Prepare Bank Reconciliation and post the necessery General Journal Entries Prepare a worksheet with unadjusted trial balances in it. At the end of July analyze and use these data to complete month-end adjustments. Supply on hand........... Record adjustments to Insurance, Rent and Equipment Depreciation Accrual receptionist salary on July 31st for one day. Unearned fees as of July 31 .......... lournalize and post adjusting entries after completing the worksheet Prepare an Income Statement, a Retained Earnings Statement, and a Balance Sheet Prepare, record, and post closing entries. Prepare a Post-closing Trial Balance Write a Memorandum to your bank in regards to profitability of your new corporation. 2750
