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new imformation question just look at the picture below 'question' Current Attempt in Progress The Marigold Corp. opened for business on May 1, 2022. Its
new imformation
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just look at the picture below 'question'
Current Attempt in Progress The Marigold Corp. opened for business on May 1, 2022. Its trial balance before adjustment on May 31 is as follows. Marigold Corp. Trial Balance May 31, 2022 Credit Debit $ 2,940 1,748 2.016 10,080 50,400 12,180 Account Number 101 126 130 140 141 149 200 201 208 311 429 610 726 732 Cash Supplies Prepaid Insurance Land Buildings Equipment Notes Payable Accounts Payable Uneared Rent Revenue Common Stock Rent Revenue Advertising Expense Salaries and Wages Expense Utilities Expense $ 33,600 9,392 2,772 29,400 8,532 504 2,772 756 $83,696 $83,696 repare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then ost the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question.) No. 101 Balance Explanation Debit Credit Cash Date May 31 Supplies Date Ref Balance No. 126 Balance Ref Debit Credit Credit Explanation Balance May 31 May 31 01 Adjusting Prepaid Insurance Date Explanation May 31 Balance No. 130 Balance Ref Debit Credit Adjusting 31 May 31 Land No. 140 Balance Credit Debit Date Explanation Ref Balance May 31 Buildings Date No. 141 Balance Credit Debit Explanation Ref May 31 Balance No. 142 Accumulated Depreciation- Buildings NO. 212 Balance Ref Debit Credit J1 No. 230 Balance Ref Debit Credit 31 May 31 salaries and wages Payable Date Explanation May 31 Adjusting Interest Payable Date Explanation Adjusting Common Stock Date Explanation May 31 Balance Rent Revenue Date Explanation May 31 Balance No. 311 Balance Ref Debit Credit No. 429 Balance Ref Debit Credit 11 No. 610 Balance Debit Credit Ref May 31 Adjusting Advertising Expense Date Explanation May 31 Balance Depreciation Expense Date Explanation May 31 Adjusting Supplies Expense Date Explanation No. 619 Balance Credit Debit Ref 31 No. 631 Balance Credit Debit Ref Prepare an adjusted trial balance on May 31. Marigold Corp. Adjusted Trial Balance Debit Credit Marigold Corp. Income Statement $ Prepare a retained earnings statement for the month of May 31. Marigold Corp. Retained Earnings Statement e Textbook and Media List of Accounts huling epare a balance sheet at May 31. (List Assets in order of liquidity. List Property, plant and equipment in order of land, buildings and uipment.) Marigold Corp. Balance Sheet Assets $ Liabilities and Stockholders' Equity stion 2 of 4 cost to the ledger accounts. (Post entries in the order of journal entries posted in the previous part of the question.) Cash Date Debit Credit Explanation Balance No. 101 Balance 2,976 Ref Nov. 1 Nov. 8 J1 1240 Nov. 8 J1 868 Nov. 10 V J1 4232 Nov. 12 31 3844 Nov. 22 J1 1 Nov. 25 01 Nov. 29 31 Accounts Receivable Date Explanation Nov. 1 Balance Ref Debit Credit No. 112 Balance 5.270 31 31 Supplies Date Nov. 1 No. 126 Balance Ref Debit Credit Explanation Balance 2.232 Step by Step Solution
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