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Record the journal entries and adjusting journal entries and post them to the ledger. Prepare a trial balance an income statement, an owner equity statement
Record the journal entries and adjusting journal entries and post them to the ledger. Prepare a trial balance an income statement, an owner equity statement and a balance sheet for ella engineering services for April Ella engineering service began business on April 1 EES is a sole proprietorship. 4-1 ella east contributed S300,000 cast to EES 4-1 EES signed a lease and paid $45,000 in cash. The term of the lease is three months beginning on April 1 4-3 EES purchased supplies for cash $5,000 4-4 EES received a $100,000 cash advance for canten inc for service to be provided in the future. 4-5EES purchased office furniture on account from office depot for S30,000 4-6EES provided engineering service to alpha inc and billed them $200,000 4-8 EES provided engineering service for beta inc and received $100,000 in cash 4-10 EES paid office depot account payable from (4-5).5300,000 in cash 4-12alpha inc paid their accounts receivable from(4-6).S200,000 in cash 4-30 paid insurance expense S10,000 cash 4-30 paid utilities expense in cash S5,000 Information for adjustments Unused supplies on April 30th wereS2,000 Salaries earned during April but not paid or recorded in the accounting record as of April 30th were $50,000 EES provided $40,000 worth of services to canten inc during April One moth rent has expired EES provided engineering service to delta company in the amount of S40,000 during the month. this revenue has not been recorded in the accounting recorded as if April 30h a. b. c. d. e. Prepare the closing entries for ella engineering and post them to the ledger
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