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P4-2C.Chen's Repair Service prepares adjustments monthly and showed the following unadjusted Trial Balance as of September 30,2022 comprehensive problem please prepare: 1.Chen's Repair Service General
P4-2C.Chen's Repair Service prepares adjustments monthly and showed the following unadjusted Trial Balance as of September 30,2022
CHEN'S REPAIR SERVICE TRIAI BAILANCE SEPTEMBER 30,2022 a. Interest of $150 had accrued on the loan payable for the month of September. b. The office furniture was purchased on September 1,2019 , and has an estimated 10-year life. The furniture will have a salvage value of $5,000 at the end of its life. c. A count of repair supplies c. A count of repair supplies revealed a balance on hand of $4,500. d. A review of the Prepaid Insurance account showed that $5,000 was used up during September. e. Accrued Wages of $10,000 has not been recorded at month-end. 1. Prepare journal entries for the month ended September 30,2022 for (a) through (e) above. 2. Complete the adjusted trial balance by including the adjusting entries prepared in requirement 1. 3. Prepare an income statement, a statement of owner's equity and a balance sheet based on prepared in requirement 1. 3. Prepare an income statement, a statement of owner's equity and a balance sheet based on the adjusted trial balance completed in requirement comprehensive problem
please prepare:
1.Chen's Repair Service General Journal
2.Chen's Repair Seevice Worksheet
3.Chen's Repair Income Statement for the month ended september 30,2022
4.Chen's Repair Service Balance Sheet as of September 30,2022
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