please help asap! please help on accounting asap! please help asap!
A completed worksheet for The King Group is given below. The King Group Worksheet I'Ilonth Ended December 31, 2819 . . Adjusted Trial Income Tr1al Balance Adjustments Balance Statement Balance Sheet Account Name Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 93,488 93,488 93,488 Skinned \"60'9"\" 13, 999 13, 999 13, 999 Recelvable Supplies 8,888 (a) 3,499 4,999 4,999 Prepaid Advertising 32, 888 (b) 4, 888 28, 888 28, 888 Equipment 85, 888 85, 888 85, 888 Accumulated Deprec1at19n (6) 3,488 3,488 3,488 Equ1pment Accounts Payable 13,888 13,888 13,888 Delva King, Capital 142, 888 142, 888 142, 888 D91\"? lung" 9, 499 9,499 9, 499 Draw1ng Fees Income 183, 588 183, 588 183, 588 Supplies Expense (a) 3,488 3,488 3,488 Advertising Expense (b) 4, 999 4, 999 4, 999 Depreciation Expense (c) 3,488 3,488 3,488 Equipment Salaries Expense 15,488 15,488 15,488 Utilities Expense 2, 388 2,388 2,388 Totals 258, 588 258, 588 18, 888 18, 888 261, 988 261, 988 28, 588 183, 588 233, 488 158, 488 Net Income T5, 888 T5, 888 183, 588 183, 588 233, 488 233, 488 | Required: 1. Record the adjusting entries in the generaljournal (transactions 13). 2. Record the closing entries in the generaljournal (transactions 4?}. 3. Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. 4. Prepare a postclosing trial balance. Analyze: How many accounts are listed in the adjusted and postclosing trial balance section? Req 1 and 2 H Req 3 H Req 4 H Analyze ' Record the adjusting entries and the closing entries in the general joumel. View transaction list Journal entry worksheet Record the adjusting entry for supplies. Note: Enter debits before credits. Record entry Clear entry View general journal Req 1 and 2 Req 3 Req 4 Analyze Post the adjusting entries and the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances. Supplies Account No: 121 Prepaid Advertising Account No: 131 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Accumulated Depreciation- Account No: 301 Equipment Account No: 142 Delva King, Capital Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Delva King, Drawing Account No: 302 Income Summary Account No: 309 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Fees Income Account No: 401 Salaries Expense Account No: 511 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Utilities Expense Account No: 514 Supplies Expense Account No: 517 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Depreciation Expense- Equipment Account No: 523 Advertising Expense Account No: 526 Date Debit Credit Balance Date Debit Credit Balance Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Req 1 and 2 Req 4 >Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Req 4 Analyze Prepare a post-closing trial balance. THE KING GROUP Post-closing Trial Balance December 31, 2019 Account Name Debit Credit Totals $ 0 $ 0 lalyze. How many accounts are listed in the adjusted and post-closing trial balance section? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Analyze How many accounts are listed in the adjusted and post-closing trial balance section? Adjusted trial balance accounts Post-closing trial balance accounts
