QUESTION1 195 points Step 1: Prepare journal entries to record the December transactions in the General Journal Tab in the excel template Accounting Cycie Excel Templatex se the following accounts as appropriate Cash Accounts Receivable Supplies Prepand insurance uipment Land Accumulated Depreciation Accounts Payable Deferred Revenge Starts Payable Notes Payable Common Stock Retained tamnings Dividends Service Revenu Depreciation Expens Salaries Expene Supplies Expense Rent Expense Insurance Expense 1 Dec 1.Doc 1-Doo 5 Det 15-0 16-beg 17 Dec Issue common stock in exchange for cash or 36.000 Pald the premium in advance on a one year insurance policy. 5480 Purchased Equipment for 3500 canh Purchased office supplies from XY Company on account, 1400 Provided services to customers for $5400 cash Provided services to customer ABC Ingon account 52.500 Received cash in advance from a customer for services to be provided in January Paid 1220 to XYZ company for the Dec 5 purchase an account Received 11.500 cash from customer. ABCinc on count Paid the rent for the current month 3500 Pald salaries to employees for work performed from December through December 28, 34,200 Declared and paid dividends to stockholders $200 Purchased and by signing 3 year note payable for $5.000 22.Dec 23 Dec 25 Dec 28 Dec 29 Dec 30 Dec 5 ve A AWE Click Save and its mit die All Star 25C Weather alert Stem Port of the Decembertsactions from the General Jouthaltab to the arcounts under the Gred Account the theme template ile Accounting Complex Assume there beginning blances in any of the accounts Step Comuto the balance for each counter all of the entries have been posted Step Prepare the unadstral balance on the adjusted Triacetab Provide the total of the credit column from the tradused Tal Balance Record the December autres on the General Jomaltab 31 De 31 Dec One month insurance speed 540 The remaining inventory of unused office supplies is 100 The estimated depreciation on equipmentis 360 Saties incurred from December 29 December 31 but not yet pad or recorded total 5450 31-Dec 31. Step Portal or hearing entries to the accounts on the accounts at compute the balance for each t-account after all of the adjustingentes have been posted Prepare the adjusted trial balance on the "adjusted Trail Balance" tab Check point Adjusted trial balance total debit/credit 120,390 Provide the following amounts from the Adjusted Trial Balancelle sure to enter all numbers as positive and no answer should be left blank ca * UTA 182 course 6305751 content.id 246356/3 Hostepenul Khan Academy FreW HTML Tutorial m Mice Center Cont.. Disney Movies https://sololeveling- NL Daud Remove Backgroun... Un Provide the following amounts from the Adjusted Trial Balance (Be sure to enter all numbers as positive and no answer should Account Recevable 4 Supplies 5 Prepaid insurance D Equment 7 Land Accumulated Deprecunon Accounts Payable 10 Deferred Revenue 11 Sales Payable 12 Notes Payable 13 Common Stock 14 Retained Earnings Prepare the income Statement, Statement of Stockholders Equity and Classified Balance Sheet on the anarcot statements tab for the meth ended Provide the following amount from the Income Statement:(De sure to enter all numbers as positive and no answer should be left blank.) 15 Service Rew 164 Depreciation Expense Chandan Che Si All Areal Save and Sub Stop Prepare the income Statement statement of stockholders Equity and Cated Balance Sheet on the ancial Statement for the month anded December 31 Provide the following amount from the income Statement Be sure to enter all numbers as positive and no answer should be left blank 15 Srce Revenue 15 Depreciation Expense 17 Solares en 18 Supplies Spense 19 Rent Expense 20 tonsurance Expende 21 Net income Provide the following account balances from the Balance Sheet: Be sure to enter all numbers as positive and no answer should be left blank.) 22 Current Assets 22 Long Term Assets 24 Current Liabilities 25 Long Term Cables 26 Total abilities 27 Total Stockholders uity Provide the following account balance from the Statement of stockholders' Equity (Be sure to enter all numbers as positive and no answer to completion 70 Total Liabetes 27 Total Stockholder's Equity Step 9 Provide the following account balance from the Statement of stockholders Equity: (Be sure to enter all numbers as positive and no answer should be left blanki 2 Dhidends Record the coring entrs on the General Journal tab Postitor the closing centros do thio Taccounts on the accounts ab. Compute the stanice for each account after all of the closing entries have been posted Prepare the post closing a balance for the motherided December 31, 2x cin the Post Closing Trial balance to 29. Provide the total of the debit column from the Post Closiny Tral Balance provides the balance of the Retained Earnings account ahter desing entries have been posted Step 10 Step 11 30 Check Point 2. Total Assets $14.570 QUESTION 2 5 points 31 Does the ending balance of the Retained tamines tocount with the balance of Retained Eachines on the Balance Sheet CHS SCALA Save and QUESTION1 195 points Step 1: Prepare journal entries to record the December transactions in the General Journal Tab in the excel template Accounting Cycie Excel Templatex se the following accounts as appropriate Cash Accounts Receivable Supplies Prepand insurance uipment Land Accumulated Depreciation Accounts Payable Deferred Revenge Starts Payable Notes Payable Common Stock Retained tamnings Dividends Service Revenu Depreciation Expens Salaries Expene Supplies Expense Rent Expense Insurance Expense 1 Dec 1.Doc 1-Doo 5 Det 15-0 16-beg 17 Dec Issue common stock in exchange for cash or 36.000 Pald the premium in advance on a one year insurance policy. 5480 Purchased Equipment for 3500 canh Purchased office supplies from XY Company on account, 1400 Provided services to customers for $5400 cash Provided services to customer ABC Ingon account 52.500 Received cash in advance from a customer for services to be provided in January Paid 1220 to XYZ company for the Dec 5 purchase an account Received 11.500 cash from customer. ABCinc on count Paid the rent for the current month 3500 Pald salaries to employees for work performed from December through December 28, 34,200 Declared and paid dividends to stockholders $200 Purchased and by signing 3 year note payable for $5.000 22.Dec 23 Dec 25 Dec 28 Dec 29 Dec 30 Dec 5 ve A AWE Click Save and its mit die All Star 25C Weather alert Stem Port of the Decembertsactions from the General Jouthaltab to the arcounts under the Gred Account the theme template ile Accounting Complex Assume there beginning blances in any of the accounts Step Comuto the balance for each counter all of the entries have been posted Step Prepare the unadstral balance on the adjusted Triacetab Provide the total of the credit column from the tradused Tal Balance Record the December autres on the General Jomaltab 31 De 31 Dec One month insurance speed 540 The remaining inventory of unused office supplies is 100 The estimated depreciation on equipmentis 360 Saties incurred from December 29 December 31 but not yet pad or recorded total 5450 31-Dec 31. Step Portal or hearing entries to the accounts on the accounts at compute the balance for each t-account after all of the adjustingentes have been posted Prepare the adjusted trial balance on the "adjusted Trail Balance" tab Check point Adjusted trial balance total debit/credit 120,390 Provide the following amounts from the Adjusted Trial Balancelle sure to enter all numbers as positive and no answer should be left blank ca * UTA 182 course 6305751 content.id 246356/3 Hostepenul Khan Academy FreW HTML Tutorial m Mice Center Cont.. Disney Movies https://sololeveling- NL Daud Remove Backgroun... Un Provide the following amounts from the Adjusted Trial Balance (Be sure to enter all numbers as positive and no answer should Account Recevable 4 Supplies 5 Prepaid insurance D Equment 7 Land Accumulated Deprecunon Accounts Payable 10 Deferred Revenue 11 Sales Payable 12 Notes Payable 13 Common Stock 14 Retained Earnings Prepare the income Statement, Statement of Stockholders Equity and Classified Balance Sheet on the anarcot statements tab for the meth ended Provide the following amount from the Income Statement:(De sure to enter all numbers as positive and no answer should be left blank.) 15 Service Rew 164 Depreciation Expense Chandan Che Si All Areal Save and Sub Stop Prepare the income Statement statement of stockholders Equity and Cated Balance Sheet on the ancial Statement for the month anded December 31 Provide the following amount from the income Statement Be sure to enter all numbers as positive and no answer should be left blank 15 Srce Revenue 15 Depreciation Expense 17 Solares en 18 Supplies Spense 19 Rent Expense 20 tonsurance Expende 21 Net income Provide the following account balances from the Balance Sheet: Be sure to enter all numbers as positive and no answer should be left blank.) 22 Current Assets 22 Long Term Assets 24 Current Liabilities 25 Long Term Cables 26 Total abilities 27 Total Stockholders uity Provide the following account balance from the Statement of stockholders' Equity (Be sure to enter all numbers as positive and no answer to completion 70 Total Liabetes 27 Total Stockholder's Equity Step 9 Provide the following account balance from the Statement of stockholders Equity: (Be sure to enter all numbers as positive and no answer should be left blanki 2 Dhidends Record the coring entrs on the General Journal tab Postitor the closing centros do thio Taccounts on the accounts ab. Compute the stanice for each account after all of the closing entries have been posted Prepare the post closing a balance for the motherided December 31, 2x cin the Post Closing Trial balance to 29. Provide the total of the debit column from the Post Closiny Tral Balance provides the balance of the Retained Earnings account ahter desing entries have been posted Step 10 Step 11 30 Check Point 2. Total Assets $14.570 QUESTION 2 5 points 31 Does the ending balance of the Retained tamines tocount with the balance of Retained Eachines on the Balance Sheet CHS SCALA Save and