Need help with this please. A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owners home, follows.
Need help with this please.
A partially completed worksheet for At Home Pet Grooming Service, a firm that grooms pets at the owners home, follows. Required:
- Complete the worksheet.
- Record the adjusting entries in the general journal (transactions 1-3).
- Record the closing entries in the general journal (transactions 4-7).
- Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances.
- Prepare a post-closing trial balance.
Analyze: What total debits were posted to the general ledger to complete all closing entries for the month of December?
At Home Pet Grooming Service Worksheet Month Ended December 31, 2019 Adjusted Trail Balance Trial Balance Adjustments Income Statement Balance Sheet Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 31,750 Cash 31,740 Accounts receivable 5,300 5,300 Supplies 5,400 1,950 Prepaid advertising Equipment Accumulated depreciation- Equipment Accounts payable 3,700 1,750 20,700 550 5,700 Shara Johns, Capital 42,500 Shara Johns, Drawing 2,700 27,620 Fees income 5,500 Salaries expense Utilities expense 770 Supplies expense 1,950 Advertising expense 1,750 Depreciation expense-Equipment 550 75,820 75,820 4,250 4,250 37,040 $ 0$ $ Totals 0 0 0 Net income $ 0 0 Rea Req 2 and 3 Journal entry worksheet 1 2 3 4 5 6 Record the adjusting entry for supplies. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Record entry View general journal Clear entry LC Journal entry worksheet 1 2 3 4 5 6 7 Record the adjusting entry for advertising. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal LC Journal entry worksheet 2 7 1 3 4 5 6 Record the adjusting entry for depreciation. Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 6 7 Record the closing entry for revenue Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet 7 5 6 4 3 2 1 Record the closing entry for expense. Note: Enter debits before credits Credit Debit General Journal Date Dec 31, 2019 View general journal Clear entry Record entry LO Journal entry worksheet 2 6 7 4 5 Record the closing entry for the balance of income summary. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet 1 2 4 5 6 7 Record the closing entry for the drawing account. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal CO LO Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. Supplies Account No. 121 Prepaid Advertising Account No. 131 Credit Date Debit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Accumulated Depreciation- Equipment Shara Johns, Capital Account No. 142 Account No. 301 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Income Summary Shara Johns, Drawing Account No. 302 Account No. 309 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Salaries Expense Fees Income Account No, 401 Account No. 511 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Utilities Expense Account No. 514 Supplies Expense Account No. 517 Credit Debit Date Debit Balance Date Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Depreciation Expense- Equipment Account No. 523 Advertising Expense Account No. 526 Date Credit Balance Date Debit Credit Balance Debit Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Prepare a post-closing trial balance. At Home Pet Grooming Service Post-closing Trial Balance December 31, 2019 Account Name Debit Credit $ $ 0 Totals What total debits were posted to the general ledger to complete all closing entries for the month of December? Total debits
