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Question 1,3,5,8,9,12,17,20,24,27, 4: 30. Requirements: 1) Journalize (record) the transactions above from June 1 through June 30; include short descriptions. 2) Open ledgers (in T-Accounts)
Question 1,3,5,8,9,12,17,20,24,27, 4: 30. Requirements:
1) | Journalize (record) the transactions above from June 1 through June 30; include short descriptions. | ||
2) | Open ledgers (in T-Accounts) and enter the beginning, June 1, balances in appropriate balances columns. | ||
3) | Post the transactions you recorded in #1 above onto the ledgers, extending the month-end balances to the appropriate balance column. | ||
4) | Prepare an unadjusted trial balance as of June 30. | ||
5) | Prepare the following financial statements: a) Income Statement; b) Statement of Owner's Capital; b) Balance Sheet as of June 30. | ||
6) | Prepare closing entries and a post closing trial balance. |
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