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Question 1 Not yet answered Assignment II CLO3 The account balances appearing on the trial balance (below) were taken from the general ledger of Speedy
Question 1 Not yet answered Assignment II CLO3 The account balances appearing on the trial balance (below) were taken from the general ledger of Speedy Copy Shop at September 30. Marked out of 10.00 P Flag question Additional information for the month of September which has not yet been recorded in the accounts is as follows: (a) A physical count of supplies indicates $500 on hand at September 30. (b) The amount of insurance that expired in the month of September was $400. (c) Depreciation on equipment for September was $600. (d) Rent owed on the copy shop for the month of September was $750 but will not be paid until October. Instructions 1. Using the above information, complete the worksheet on the following page for Speedy Copy Shop for the month of September. 2. Journalize and post all adjusted and closing entries for Speedy Copy Shop for the month of September 3. Prepare Income Statement for Speedy Copy Shop for the month of September. 4. Prepare Owner's Equity Statement for Speedy Copy Shop for the month of September. 5. Prepare Classified Balance Sheet for Speedy Copy Shop for the month of September.te Windows. SPEEDY COPY SHOP Question 1 Not yet answered Assignment II CLO3 The account balances appearing on the trial balance (below) were taken from the general ledger of Speedy Copy Shop at September 30. Marked out of 10.00 P Flag question Additional information for the month of September which has not yet been recorded in the accounts is as follows: (a) A physical count of supplies indicates $500 on hand at September 30. (b) The amount of insurance that expired in the month of September was $400. (c) Depreciation on equipment for September was $600. (d) Rent owed on the copy shop for the month of September was $750 but will not be paid until October. Instructions 1. Using the above information, complete the worksheet on the following page for Speedy Copy Shop for the month of September. 2. Journalize and post all adjusted and closing entries for Speedy Copy Shop for the month of September 3. Prepare Income Statement for Speedy Copy Shop for the month of September. 4. Prepare Owner's Equity Statement for Speedy Copy Shop for the month of September. 5. Prepare Classified Balance Sheet for Speedy Copy Shop for the month of September.te Windows. SPEEDY COPY SHOP
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