On January 1,2021 Floral Resort had the following balance:

Cash $16,000

Supplies $8,400

Land $64,000

Deferred Revenue $5,400

Common Stock $$54,000

Retained Earning $29,000

During 2021, the company had the following transaction:

1) February 15 issue additional share of common stock, $24,000

2) May 20, Provide service to customersfor cash $39,000, and on account $34,000

3) August 31, pay salaries to employees for work in 2021 $27,000

4) October 1, paid for one year's in advance $16,000

5) November 17 purchase supplies on account $26,000

6) December 30 pay dividends $2,400

The following information is available on December 31,2021

1) Employees are owed and additional $4,400

2) Three months the rental spacehas expired

3) Supplies of $5,400 remain on hand

4) All of the service associated with the beginning deferred revenue have been performed.

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

1). Record each of the transaction listed above in the 'General Journal' tab. Review the 'General ledger 'and the 'Trial Balance' tabs to see the effect of the transaction on the account balances

2). Record the adjusting entries in the 'General journal' tab.

3). Review the adjusted 'Trail Balance' as of December 31, 2021

4). Make an income statement for the year ended December31, 2021, in the 'Income statement' tab.

5). Make the stockholder's equity for the year ended December 31,2021, in the 'income statement' tab.

6). Make classified balance sheet as of December 31, 2021, in the 'balance sheet' tab

7). Record the closing entries in the 'General Journal' tab.

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

***Make the journal entries for transactions (if no entry is needed for a particular transaction/event, select "select No journal entry required" in first account field.)

Journal entry worksheet

1 2 3 4 5 6 7 8 9 10 11 12 ........... 13

Record the issuance of additional shares of common stock, $24,000

Date Account title Debit Credit

Feb 15

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

Each journal entry is posted automatically to the general ledger, the adjusted entry, unadjusted, or post-closing balance will appear for each account, based on your choice.

Unadjusted V Date Jan 01 to Dec. 30

General Ledger Account

Cash Supplies

No Date Dr CR Balance No Date DR CR Balance

Jan 01 16,000

Jan 01 8,400

Land Deferred Revenue

No Date Dr CR Balance No Date DR CR Balance

Jan 01 64,000 Jan 01 5,400

Common Stock Retained earning

No Date Dr CR Balance No Date DR CR Balance

Jan 01 154,000 Jan 01 29,000

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

Notice the dropdown below that give the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs.

UnadjustedV

Floral Resort

Trail Balance

December 30, 2021

Account Title Debit Credit

Cash 16,000

Supplies 8,400

Land 64,00,

Deferred Revenue 5,400

Common Stock 54,00

Retained Earning 29,00,

Total 88,400 88,400

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

Choose the appropriate account to be reported on the income statement. The unadjusted, adjusted, or post-closing balance will appear for each account, based on your selection

Unadjusted V

Floral Resort

Income Statement

For the year ended December 31,2021

Revenue

Total Revenue

Expenses

Total Expenses

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

Using the dropdown buttons, selects the item that accurately describes the values that either increase or decrees the balance indicated. The unadjusted, adjusted, or post-closing balance will appear for each account, balance on your selection.

Unadjusted V Date Jan 01 to Dec 30

Floral Resort

Statement of Stockholders' Equity

For the period ending December 312021

Common Stock Retained earnings Total stockholders' Equity

Required General Journal General ledger Trial balance Income statemen Statement of cash flow Balance

Sheet

Choose the proper account to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balance will apaer for each account, based on your selection.

UnadjustedV Date Jan 1 to Dec 30

Floral Resort

Balance Sheet

As of December, 31 2021

Assets Liabilities

Current Assets Current Liabilities

Total Current liabilities

Total Current Assets Total liabilities

Stockholder's Equity

Total Stockholder's equity

Total Asset Total Liabilities &Stockholders' Equity