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need help with #8 The general ledger of the Karlin Company, a consulting company, at January 1, 2024, contained the following account balances The following

need help with #8
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The general ledger of the Karlin Company, a consulting company, at January 1, 2024, contained the following account balances The following is a summery of the transactions for the year: a. Provided services, $114,000, of which $34,200 was on account and the balance was recelved in cash. b. Collected on accounts recelvoble, $23,800 c. Issued shares of common stock in exchange for $11,000 in cash. d. Paid solarles, $41,500 (of which $7,500 was for solaries poyable ot the end of the prior year). e. Poid miscellaneous expense for various items, $22,400. 1. Purchosed equipment for $13,000 in cosh. 9. Paid $2750 in cosh dividends to shoreholders. Additional information: h. Accrued solories at year-end omounted to $830. 1. Depreciation for the year on the equipment is $2,100 h. Accrued salaries at year-end amounted to $830. 1. Depreciation for the year on the equipment is $2100. Required: 1 to 3. Prepare a generol journal entry for eoch of the summary transactions listed. Record beginning balances in the T-accounts (on the T-accounts tab). Post the journal entries to the T-accounts. 4. Using the T-occount balances, prepare an unadjusted trial balance. 5. Prepare odjusting journal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab). 6. Using the adjusted T-account balances, prepare an adjusted trial balance, 7-0. Prepare an income statement for 2024 . 7.b. Prepare a balance sheet as of December 31, 2024 8. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). 9. Prepare a post-closing trial balance: Complete this question by entering your answers in the tabs below. Post the transactions, adjusting and closing entries into the oppropriate T-accounts, Note: Enter the letter of the transaction in the column next to the amount. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). Note: If no entry is required for a transaction/event, select "No fournal entry required" in the first account field. Journal entry worksheet Record the entry to close the revenue accounts using the retained earnings account. Note: Enter debits before credits. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). Note: If no entry is roquired for a transaction/event, select "No foumat entry required" in the first account field. Journal entry worksheet Record the entry to close the expense accounts using the retained earnings account. Note: Enter debits before credits. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). Vote: If no entry is required for a transaction/event, select "No joumal entry recuired" in the first account field. Journal entry worksheet Record the entry to close the dividends account. Note: Enter dobits belore credits

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