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Please solve this mini practice for me The Corner Dress Shop this Mini Practice set will help you review all the key concepts of the

Please solve this mini practice for me

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The Corner Dress Shop this Mini Practice set will help you review all the key concepts of the accounting Trycle for a merchandising company, along with the integration of payroll. Betty took over the business now known as The Corner Dress Shop on January 1, 2024. Mini 10%% purchased the business name and all assets except cash from her Aunt Marion, s as part of the deal. Be had run it for over ten years. Certain liabilities were assumed by Betty's new bust- Practice S you are the bookkeeper of The Corner Dress Shop and have gathered the follow- information. It is your task to complete the accounting cycle for March 2024. Estimated time 5 hours THE CORNER DRESS SHOP TRIAL BALANCE FEBRUARY 28, 2022 Cash Account Titles and Description Petty Cash Dr. Cr. Accounts Receivable 30 7 7 5 31 5 0 00 Office Supplies 8 2 9 1 85 Prepaid Rent 6 2 4 30 Prepaid Insurance 1 8 0 0 00 GST Prepaid 1 0 0 0 00 Inventory 4 3 6 34 Computer and Office Equipment 8 3 0 9 00 Acc. Dep'n-Computer & Office Equipment 5 0 0 0 00 Computer Software 2 6 1 12 Acc. Dep'n-Computer Software 7 3 9 00 Delivery Truck 6 1 58 Acc. Dep'n-Delivery Truck 12 0 0 0 00 Accounts Payable 3 4 0 00 Income Taxes Payable 4 7 8 8 99 EI Payable 1 1 0 8 82 4 08 79 CPP Payable 8 1 0 30 Medical Plan Payable 1 1 2 00 Charitable Donations Payable 1 8 0 00 GST Collected 2 3 1 3 65 Rent Received in Advance 6 0 0 00 Betty Loeb, Capital 48 0 7 8 80 Betty Loeb, Withdrawals 7 3 0 0 00 Sales 59 8 6 5 05 Cost of Goods Sold 19 0 7 3 38 Wages Expense 18 1 2 0 00 8 1 0 30 CPP Expense 4 7 6 92 EI Expense 2 0 0 00 Insurance Expense 1 8 0 0 00 Rent Expense 2 6 1 12 Dep'n Expense- -Computer & Office Equipment 6 1 58 Dep'n Expense-Software 3 4 0 00 Dep'n Expense-Delivery Truck 1 4 6 0 00 Accounting Expense 118 9 2 9 10 118 9 2 9 10

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