Questions 1. 2. Do the journals and ledger records of the end of the accounting period. Prepare the Adjusted Trial Balance of Timberlake Company of the end of July, Prepare the financial statements of end of July! 3. ADJUSTED TRIAL BALANCE ACC. CODES ACCOUNT NAMES TOTALS Debit 84.600 Credit BALANCES Debit Credit 64.200 100 20.400 120 37.890 22.500 15.390 121 12.000 12.000 153 19.500 18.750 750 253 66.750 66.750 CASH CUSTOMERS NOTES RECEIVABLE MERCHANDISES PLANT, MACH. & EQUIPMENT MOTOR VEHICLES FURNITURE & FIXTURES SUPPLIERS NOTES PAYABLE CAPITAL 254 66.750 66.750 255 105.500 105.500 320 12.150 27.000 14.850 321 112.350 112.350 500 181.340 181.340 590 600 DOMESTIC SALES 46.500 621 COST OF MERCH. SOLD 18.750 631 632 690 692 760 1.200 MARK, SALES & DIST. EXPENSES GENERAL ADMINIST. EXPENSES 770 3.750 761 771 TOTAL