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Post all of the December transactions from the General Journal tab to the T-accounts under the General Ledger/T-Accounts tab in the excel template file Accounting
Post all of the December transactions from the "General Journal" tab to the T-accounts under the "General Ledger/T-Accounts" tab in the excel template file "Accounting Cycle Excel Template.xlsx". Assume there are no beginning balances in any of the accounts. Compute the balance for each T-account after all of the entries have been posted. Prepare the unadjusted trial balance on the "Unadjusted Trial Balance" tab. Provide the total of the credit column from the Unadjusted Trial Balance Record the December adjusting entries on the "General Journal" tab. 31-Dec One month's insurance has expired $70. 31-Dec The remaining inventory of unused office supplies is $90. 31-Dec The estimated depreciation on equipment is $80. 31-Dec Salaries incurred from December 29 to December 31 but not yet paid or recorded total $540. Post all of the adjusting entries to the T-accounts on the "T-Accounts" tab. Compute the balance for each T-account after all of the adjusting entries have been posted. Prepare the adjusted trial balance on the "Adjusted Trial Balance" tab. Check point 1: Adjusted trial balance total debit/credit = 33,280 Provide the following amounts from the Adjusted Trial Balance: (Be sure to enter all numbers as positive and no answer should be left blank.) Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file "Accounting Cycle Excel Template.xlsx". Use the following accounts as appropriate
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