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please prepare journal entries Zions, Inc. is a small rental company in the Seattle area. The company purchases land and other long-term assets, then rents
please prepare journal entries
Zions, Inc. is a small rental company in the Seattle area. The company purchases land and other long-term assets, then rents those assets out to other companies. They used to also rent houses and apartments, but they have found that business clients default less and tend to return items in better shape than private individuals. Zions, Inc.'s accounting staff is usually pretty good at keeping up with transactions, budgeting, and other challenges, but recent trouble in the markets has forced the accounting staff to focus on modeling, internal audits, and investment strategies. So, they have hired you to jump in and finish up the accounting cycle for this year: making the last of the journal entries for the period, posting, creating trial balances, etc. Walk through the different spreadsheets to complete the accounting cycle for the fiscal year ending June 30, 2022. Zions, Inc. has 36,000,000 shares of $2 par value common stock authorized, with 8,993,250 shares outstanding in 2022. Addheader Part 2 - All of the transactions for Zions, Inc. have been posted EXCEPI accounts, then calculate the ending balances. Remember, each account please highlight your ending balance in some way (bold, color, under a Part 1 - Make the necessary journal entries to record the following transactions. In making your entries, use ONLY existing accounts. You can see all of the company's existing accounts in the ledger in Part 2. Also, only the entries that appear in the box below will be graded Step by Step Solution
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