Name of Student: Section #: Date: JayZee Consulting provides accounting services to clients. The end-of-period spreadsheet was prepared for the year ended April 30, 2021. As the accountant, you will need to complete the steps in the Accounting Cycle so you can prepare the Financial Statements. (See instructions below.) Account Title Cash Accounts Receivable Supplies Office Equipment 7 Accumulated Depreciation Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Fees Earned Salary Expense 3 Supplies Expense Depreciation Expense Miscellaneous Expense Ready JayZee Consulting End-of-Period Spreadsheet For the Year Ended April 30, 2021 Unadjusted Trial Balance DR. CR. 45,000 119,200 11,900 400,000 25,000 520,000 11,100 1,132,200 ADJ TB Instructions 56,000 20,500 75,000 180,700 800,000 Accessibility: Investigate 1,132,200 Adjustments DR. 9,000 7,500 6,000 Chart of Accounts CR. 7,500 6,000 9,000 Adjusted Trial Balance DR. CR. 5 7 3 Instructions: 1. Based on spreadsheet, journalize the adjusting journal entries in the journal. Use the Chart of Accounts to record the Posting Ref. Explain the transaction. 45,000 119,200 4,400 400,000 25,000 529,000 7,500 6,000 11,100 22,500 22,500 1,147,200 O2. Prepare an Income Statement based on the balances in the "Adjusted Trial Balance" column. 13. Journalize the four closing journal entries, based on instructions in CH 4 of the textbook. Use the Chart of Accounts 2 4. Prepare a Statement of Retained Earnings based on the balances in the "Adjusted Trial Balance" column. 5. Prepare a Balance Sheet based on the balances provided in the "Adjusted Trial Balance" column; consider the results 3 of the Income Statement and the Statement of Retained Earnings. 4 5 6 *62,000 20,500 9,000 75,000 180,700 800,000 1.Adj. Journal Entries 1,147,200 2.Income Stmt 3. Closing Entries 4. Reta

Jayzee Consulting provides accounting services to clients. The end-of-period spreadsheet was prepared for the year ended April 30, 2021. As the accountant, you will need to complete the steps in the Accounting Cycle so you can prepare the Financial Statements. (See instructions below.) Instructions: 1. Based on spreadsheet, journalize the adjusting journal entries in the journal, Use the Chart of Accounts to record the Posting Ref, Explain the transaction. 2. Prepare an Income Statement based on the balances in the "Adjusted Trial Balance" column. 3. Journalize the four closing journal entries, based on instructions in CH 4 of the textbook. Use the Chart of Accounts 4. Prepare a Statement of Retained Earnings based on the balances in the "Adjusted Trial Balance" column. 5. Prepare a Balance Sheet based on the balances provided in the "Adjusted Trial Balance" column; consider the rewuits of the income Statement and the Statement of Retained Earnings