OverPriced Jeans Mini Project 15E.
Please help me make Trial Balance, Income Statement & Retained Earnings, Balance Sheet and Post Close Trial Balance.
TIA
temarity amdurtion 7 ast cover Big Bert. Chopter O6c c OPJMini-Preject 1Se WORXIMPROG - Excel for OverPriced Jeans, Inc. - Transactions - Additional Information March 2023 Transactions Date Description of the Transaction March 1 Owners of OPJ invested an additional $55,000.00 cash into the business. The cash is put into Big Bank. (hs an example of hew lo joumasize and post a trinitaction - this thansacion has already been entered into the General Journal and posted to the GeneralLedfer) March 1 Pay of the $60,000.00 Note Payable owed to Little Bank. The cash to payoft the note is taken out of Big Bank. Also pay to Litle EAlik $450.00 for interest owed on the Note Payable for February. The \$450.00 eash is also taken out of Big Bank March 1 Take \$5,125.00 cash out of Big Bank to pay for March's rent March 2 The customer that purchased on credt on Fobruary 15 pays 588,000,00 cash to pay off the amount due. The cash is depogited into Big Broik March 10 Sale of imentory to a customet-selling price $78,500.00 - cost of inentory sold $32,00000 The customer pays cash. The cash is deposited into Little Bank March 15 Take $22.550.00 cash out of Litle Bank to pay enployees tor wages they have eamed. March 16 Purchaso 581.800 .00 of additicnal inventorv OPJ wol aav the manctacturer 5005 of the 561.800 .00 Directicas Trans Chart Accts Journal et Assets Si tiab equay GL BevEMP Trial Eal is a fer Ealshet Post close Te 65% Masty auniny (i) Payable Imerest due to Big Bank on the Note Payable for the monak of March is 51,005.00. As of Murch 31 ank: OPJ owen Big Bank a total of $1,605 of for risterest (\$600 00 for Febuary + 51.005 .00 (or March) Interest will be paid to Big Banik in dune 18 83+4 Ready is Acreimbily in intigate 637 temarity amdurtion 7 ast cover Big Bert. Chopter O6c c OPJMini-Preject 1Se WORXIMPROG - Excel for OverPriced Jeans, Inc. - Transactions - Additional Information March 2023 Transactions Date Description of the Transaction March 1 Owners of OPJ invested an additional $55,000.00 cash into the business. The cash is put into Big Bank. (hs an example of hew lo joumasize and post a trinitaction - this thansacion has already been entered into the General Journal and posted to the GeneralLedfer) March 1 Pay of the $60,000.00 Note Payable owed to Little Bank. The cash to payoft the note is taken out of Big Bank. Also pay to Litle EAlik $450.00 for interest owed on the Note Payable for February. The \$450.00 eash is also taken out of Big Bank March 1 Take \$5,125.00 cash out of Big Bank to pay for March's rent March 2 The customer that purchased on credt on Fobruary 15 pays 588,000,00 cash to pay off the amount due. The cash is depogited into Big Broik March 10 Sale of imentory to a customet-selling price $78,500.00 - cost of inentory sold $32,00000 The customer pays cash. The cash is deposited into Little Bank March 15 Take $22.550.00 cash out of Litle Bank to pay enployees tor wages they have eamed. March 16 Purchaso 581.800 .00 of additicnal inventorv OPJ wol aav the manctacturer 5005 of the 561.800 .00 Directicas Trans Chart Accts Journal et Assets Si tiab equay GL BevEMP Trial Eal is a fer Ealshet Post close Te 65% Masty auniny (i) Payable Imerest due to Big Bank on the Note Payable for the monak of March is 51,005.00. As of Murch 31 ank: OPJ owen Big Bank a total of $1,605 of for risterest (\$600 00 for Febuary + 51.005 .00 (or March) Interest will be paid to Big Banik in dune 18 83+4 Ready is Acreimbily in intigate 637
