please do A through E

ACCOUNTING CYCLE PROJECT Part III Due Date: Thursday, September 26, 2019 - at the START of class. Part III is worth 15 points YOU MUST TURN IN ALL PAGES (numbered at the bottom of the "accounting paper" pages.) All pages must be STAPLED together - I will not have a stapler in class. Use Pencil and a good eraser!!!!!!! PART III. REQUIREMENTS: Prepare the following Financial Statements based on the Adjusted Trial Balance. Income Statement Statement of Retained Earnings Balance Sheet The financial statements must be typed (Excel or word processor, etc.) and in PROPER format (ex: only use dollar signs where appropriate, use commas, do not use decimal points, proper indentation, etc. -look at the examples in the textbook - Chapter 2). ceive pplie ance Each financial statement must be on a separate page. ment Depr quipe Depr rable Stock blank General Journal page and prepare the necessary Closing Entries for the month of December. Use the account names that are on the General Ledger accounts. These entries can all be dated December 31. Post all closing entries from the General Journal to the General Ledger accounts. So, at this point the adjustments will be posted on the same Ledger pages that you posted the transactions and adjustments to, just as if it were a real set of books and records. Prepare an after-closing (or Post-Closing) Trial Balance, using only accounts with non-zero balances. The accounts should appear in the same order as in the GL. Make sure that all sheets have appropriate headings (look at the examples in the textbook) Service EXDA Exp nse pens pplic 7 Exper pense. Page E Name John Tang LLC Adjusted Trial Balance December 31, 2019 DEBIT CREDIT S Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Acc Depreciation - Office Equipment Computer Equipment Acc Depreciation - Computer Equipment 199,160 19,170 575 2.300 3.200 5,000 104 167 1,680 Wages Payable Common Stock Dividends 1,000 29.370 T Computer Service Revenue Depreciation Expense. Office Equipment Depreciation Expense - Computer Equipment Wages Expense Insurance Expense Rent Expense Computer Supplies Expense Advertising Expense Repairs Expense - Computer 1 04 167 2.520 100 1.600 225 50 350 8 S 246,321 $ 246,321 Totals