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: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation, Accounts Payable, Wages Payable, Common Stock, Retained Earnings, Dividends, Service Revenue, Depreciation Expense, Wages Expense, Supplies Expense, Rent Expense, and Insurance Expense. 
0 Ch 8-CHEM 1 table Google Take Test: Step II Instructions and Transactions Page Due 10... Discussion Board Emal Instructor QUESTION 1 200 points Save Answer Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file "Accounting Cycle Excel Template.xlex. Use the following accounts as appropriate: Cash, Accounts Receivable, Suppies, Prepaid Insurance, Equipment, Accumulated Depreciation, Accounts Payable, Wages Payable, Common Stock, Retained Earnings, Dividends, Service Revenue, Depreciation Expense, Wages Expense, Supplies Expense, Rent Expense, and Insurance Expense. Required: #1 When you need help Asked Began business by depositing $9500 in a bank account in the name of the company in exchange for 950 shares of $10 per share common stock Career in Accounting 1-Dec Advice from other 1-Dec Paid the rent for the current month, $1350 1-Dec Paid the premium on a one-year insurance policy, $1080 1-Dec Purchased Equipment for $4800 cash. 5-Dec 15-Dec Provided services to customers for $8800 cash. 16-Dec Provided service to customers ABC Inc. on account, $7600 21-Doc Received $3200 cash from ABC Inc., customer on account. 23-Dec 28-Dec Paid wages for the period December 1 through December 28, $4480 30-Dec Declared and paid dividend to stockholders $200 My Groups Purchased office supplies from XYZ Company on account, $300 ACCT-2301-81448 (CS1149717) Paid $170 to XYZ company for supplies purchased on account on December Post all of the December transactions from the "General Journal" tab to the Taccounts under the "T-Accounts" tab in the excel termplato file Accounting Cycle Excel Template.xlsx". Assume there are no beginning balances in any of the accounts. 2 #3. Compute the balance for each T-account after all of the entries have been posted. These are the unadjusted balance as of December 31 #4. Prepare the unadjusted trial balance under the Unadjusted Trial Balance" tab in the excel template file-Accounting Cycle Excel Template xix. Provide the total of the credit column from the Unadjusted Trial Balance #5. Record the following four transactions as adjusting entries under the "General Journal" tab. 31-Dec 31-Dec 31-Dec One month's insurance has been used by the company S90. The remaining inventory of unused office supplies is $90. The estimated depreciation on equipment is $80 Click Save and Submit to save and submit. Click Save All Answers to sawe all answers. Save All Answers Save and Submit
