Question
October Accounts Payable Charges Summary Report All About You $685.00 10/3 Bought spa supplies on account from Spa Supplies, Inc., Inv. No. 904 10/5
October Accounts Payable Charges Summary Report All About You $685.00 10/3 Bought spa supplies on account from Spa Supplies, Inc., Inv. No. 904 10/5 Bought office equipment on account from Office Equipment Company, Inv. No. 4315 $520.00 10/5 Bought advertising pamphlets on account from Adco, Inc., Inv. No. 215 $415.00 10/5 Bought office equipment on account from Office Equipment, Company, Inv. No. 4445 $825.00 10/5 Bought office supplies on account from Office Staples, Inv. No. 222 $125.00 October Sales to Customers on Account Summary Report 10/7 Jill Anson 10/14 Jack Morgan 10/21 Tory Ligman 10/31 Judy Wilcox $350.00 $468.00 $345.00 $110.00 Required 1. Journalize the transactions for October (in date order) in the general journal. -If you are using GL., review the instructions for the program on the textbook website. If you are preparing the journal entries manually, enter your transactions beginning on page 1. 2. Post the entries to the general ledger accounts. -Ignore this step if you are using CLGL. 3. Prepare a trial balance as of October 31, 20-- 4. Prepare an income statement for the month ended October 31, 20-- 5. Prepare a statement of owner's equity for the month ended October 31, 20- 6. Prepare a balance sheet as of October 31, 20--. "If you are using CLGI, use the year 2020 when recording journal entries and preparing reports Note: The trial balance and financial statements are unadjusted. In the next chapter, you will learn that certain accounts need to be adjusted. These adjustments will change some of the figures in these reports.
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