Question 2: Chapters 4 and 5 Question Consider the following worksheet for Purdle's Cleaning Service. Purdle's Cleaning Service Worksheet (Partial) For Month Ended May 31, 2022 Trial Balance Adjustments Adjusted Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. 1,200 1,200 740 (A) 310 430 310 (B) 188 122 3,570 3,570 460 (C) 550 1,010 Account Titles Cash Prepaid Insurance Cleaning Supplies Auto Accumulated Depreciation, Auto Accounts Payable B. Purdle, Capital B. Purdle, Withdrawals Cleaning Fees Salaries Expense Telephone Expense Advertising Expense Gas Expense 580 2,710 580 2,710 880 880 4,680 4,680 (D) 160 1,250 115 155 210 8,430 1,410 115 155 210 8,430 (A) 310 (B) 188 310 188 Insurance Expense Cleaning Supplies Expense Depreciation Expense, Auto Accrued Salaries (C) 550 550 (D) 160 1,208 160 9,140 1,208 9,140 Question 2 part a: From the trial balance column of the worksheet above (i.e. the first two columns), enter the beginning balance of each account in the relevant general ledger accounts. Question 2 part b: Journalize and post adjusting entries. Make sure the unadjusted beginning balances have been entered into the ledger accounts (i.e. as required in part a above). Start by journalizing the adjusting entries, beginning with adjustment A (adjustments are labelled in the table above). Note: Accounts where no additional posting is required in parts a and b (i.e. the Cash, Auto, and Accounts Payable accounts) have been omitted from the ledger, but don't forget to include them in your post-closing trial balance in part c. These accounts' balances remain the same as in the worksheet above. (16 marks) Tip: For a similar problem, see Self-Review Quiz 4-3. You will be posting to a ledger though, not a T account. If you need a review of posting to a ledger, please see Section 3-2. Question 2 part c. Journalize and post closing entries (use the journal and ledger you used in part a). (28 marks) Tip: For a similar problem, see Self-Review Quiz 5-1. You will be posting to a ledger though, not a T account. If you need a review of posting to a ledger, please see Section 3-2. Question 2 part d. From the ledger, prepare a post-closing trial balance at May 31, 2016. (5 marks) Tip: For a similar problem, see Self-Review Quiz 5-2. Assignment graded out of 84 marks. Question 2 parts b and c GENERAL JOURNAL PAGE 1 Date Account Titles and Description PR Dr. Cr. Question 2 parts a, b, and c (General Ledger) CASH ACCOUNT NO. 112 Post Date Explanation Debit Credit Dr/Cr Balance Ref. ACCOUNT NO. 114 PREPAID INSURANCE Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNT NO. 115 CLEANING SUPPLIES Post Explanation Ref. Date Debit Credit Dr/Cr Balance AUTO ACCOUNT NO. 121 Date Explanation Post Ref. Debit Credit Dr/Cr Balance ACCOUNT NO. 122 ACCUMULATED DEPRECIATION, AUTO Post Explanation Debit Ref. Date Credit Dr/Cr Balance ACCOUNTS NO. 212 ACCOUNTS PAYABLE Post Explanation Ref. Date Debit Credit Dr/Cr Balance Question 2 parts a, b, and c (General Ledger) ACCRUED SALARIES Post Explanation Ref. ACCOUNT NO. 213 Dr/Cr Balance Date Debit Credit B. HARVEY, CAPITAL Post Explanation Ref. ACCOUNT NO. 312 Dr/Cr Balance Date Debit Credit ACCOUNT NO. 313 B. HARVEY, WITHDRAWALS Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNT NO. 314 INCOME SUMMARY Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNT NO. 412 CLEANING FEES Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNTS NO. 513 SALARIES EXPENSE Post Explanation Ref. Date Debit Credit Dr/Cr Balance Question 2 parts a, b, and c (General Ledger) TELEPHONE EXPENSE Post Explanation Ref. ACCOUNT NO. 514 Dr/Cr Balance Date Debit Credit ACCOUNT NO. 515 ADVERTISING EXPENSE Post Explanation Ref. Date Debit Credit Dr/Cr Balance GAS EXPENSE ACCOUNT NO. 516 Date Explanation Post Ref. Debit Credit Dr/Cr Balance 1 ACCOUNT NO. 517 INSURANCE EXPENSE Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNT NO. 518 CLEANING SUPPLIES EXPENSE Post Explanation Ref. Date Debit Credit Dr/Cr Balance ACCOUNTS NO. 519 DEPRECIATION EXPENSE, AUTO Post Explanation Ref. Date Debit Credit Dr/Cr Balance Question 2 part d (Post-Closing Trial Balance) PURDLE'S CLEANING SERVICE POST-CLOSING TRIAL BALANCE MAY 31, 2022 Dr. Cr
