1. Record Financial Data: Use accepted accounting principles to accurately capture business transactions for the month using the data provided in the accounting data appendix (linked in the Supporting Materials section). You will need to address the following:
   1. Accuracy: Prepare entries that are accurate in that they fully reflect the appropriate information.
   2. Completeness: Prepare entries that are complete for the month, including transferring posted entries to T accounts.
   3. Unadjusted Trial Balance: Prepare the unadjusted trial balance portion of the Trial Balance tab of the company accounting workbook, ensuring that the total debits and credits match.
2. Financial Statements: Create financial statements using appropriate methods based on accepted accounting principles. Be sure to prepare these financial statements in the order listed, as there are important interdependencies among them. Finalize the process by closing temporary accounts.
   1. Income Statement: Prepare the income statement using the adjusted trial balance.
   2. Statement of Owners Equity: Prepare the statement of owners equity using the adjusted trial balance.
   3. Balance Sheet Assets: Prepare the balance sheet asset entries using the adjusted trial balance.
   4. Balance Sheet Liabilities: Prepare the balance sheet liabilities entries using the adjusted trial balance.
   5. Closing Entries: Complete the Closing Entries tab of the company accounting workbook by closing all temporary income statement amounts to create closing entries.

	A Company
	General Journal Entries
Date	Accounts	Debit	Credit
1-Jun	Cash	50,000.00
			50,000.00
1-Jun	vehicle purchase	15,000.00
	cash		15,000.00
3-Jun	Cash	25,000.00
	payable		25,000.00
	loan
5-Jun	rent	1,195.00
	prepaid 6month	7,170.00
	cash		8,365.00
5-Jun	business license	250.00
	cash		250.00
5-Jun	office supplies	750.00
	accounts payable		750.00
6-Jun	acctount receievable	1,000.00
	Owner performed service for client		1,000.00
9-Jun	cash	750.00
	owner provided service		1,500.00
10-Jun	advertising cost	250.00
	cash		250.00
15-Jun	wage expense to be paid on june 20	325.00
	wage expense to be paid on june 20		325.00
15-Jun	prepaid insurance 6 month july-dec	750.00
	cash		750.00
20-Jun	wages paid	325.00
	cash		325.00
21-Jun	plumbing repairs in office	210.00
	cash for plumbing		210.00
22-Jun	owner withdraw	1,000.00
	personal use		1,000.00
23-Jun	paid balnace from june 6 cash	1,000.00
	account receivable		1,000.00
25-Jun	owner provided service client paid	800.00
	service provided		800.00
28-Jun	owner paid office supply purchase from june 5	750.00
	cash		750.00
29-Jun	owner performed service on client acct	2,225.00
	service charge		2,225.00
30-Jun	telephone bill for june recorded expense	155.00
	bill due		155.00
30-Jun	last day payperiod part time worker owed	325.00
	worker will be paid july 5		325.00
30-Jun	vehicle depreciation expense	250.00
	vehicle depreciation expense		250.00
	Total	109,480.00	110,230.00