Requiermints:

1- General journal

2- Ledger account

3- Unadjusted trial balance

4- Adjusted trial balance

5- Income statement

6- Retained earnings statement

7- Statement of financial position

8- Post-closing trial balance

A&A Delivery Ahmed and Ali had saved some cash and decided to start a Small Delivery Business called A&A Delivery. The business will have a monthly accounting cycle. They have started their business on Jan 15, 2019. The following are some events that happened in 2019. 1. Jan 1. Ahmed and Ali invested 60,000 SAR in cash and used Trucks and other equipment cost 80,000 SAR in exchange for ordinary shares in A&A Delivery. 2. Jan 1. A&A Delivery rented a parking lot that cost 48,000 SAR annually. The full payment due in Dec 31, 2019. 3. Jan 2. A&A Delivery paid 7,200 SAR for a one-year insurance policy for the used truck that will expire Dec. 31, 2019 4. Jan 3. A&A Delivery purchased some tools and other supplies from SACO signing 5 months note payable in the amount of 18,000 SAR. The note required A&A Delivery to pay interest at an annual rate of 20%. 5. Jan 5. A&A Delivery purchased cell phone and other electronic equipment that cost 5000 SAR from Jarir. 2,000 SAR was paid in cash and the remaining on account. 6. Jan 5. A&A Delivery purchases A dolly tools and set of ratchet straps to secure cargo and other equipment for 7,000 SAR cash. 7. Jan 7. A&A Delivery haired 2 drivers starting Wednesday Jan 9, 2019. Each driver agreement set the salary to be 720 SAR for a six-day work week (Friday is off-day), and the salaries will be paid on the seventh day of every month. First payment is on February 7, 2019. 8. Jan 8. A&A Delivery signed an advertisement contract with haraj.com website for advertisement that cost 5000 SAR the contract started on Jan 13. A&A Delivery paid 1,000 SAR on Jan 8 as a down payment and agreed to pay the balance due after the advertisement. 9. Jan 13. The first day of business, haraj.com announced the opening day on its website, and A&A Delivery paid the balance due. 10. Jan 13. A&A Delivery received total of 18,000 SAR for delivery services from Riyadh to Dammam. 11. Jan 14. A&A Delivery received 4,000 SAR in cash from a client for a reservation of a delivery service to be provided on Jan 17, 2019. 12. Jan 15. A&A Delivery provided services for 6,000 SAR to Ahmed's brother and he agreed to pay the amount due later. 13. Jan 16. A&A Delivery received 1000 SAR cash in advance for a reservation of a delivery service. The service should be provided on Feb 2, 2019. 14. Jan 17. A&A Delivery provided the service (paid on Jan 14) 15. Jan 20. A&A Delivery received 3000 SAR from Ahmed's brother 16. Jan 25. A&A Delivery paid 1100 SAR Maintenance expenses. 17. Jan 29. A&A Delivery paid 500 SAR cash dividends to shareholders. Required: Apply the accounting cycle and worksheet using excel 1. Analyze business transaction 2. Journalize the transaction 3. Post to Ledger accounts. 4. Prepare an unadjusted trial balance 5. Journalize and post adjusting entries. Extra adjustment data appears on Jan 31, 2019 consist of: . tools, and other supplies on hand 8000 SAR. Depreciation Truck 800 SAR, cell phones 150 SAR , equipment 350 SAR 6. Prepare an adjusted trial balance 7. Prepare the 4 financial statements (Income Statement, retained earnings statement, Statement of Financial position, and cashflow statement) following the standards. 8. Journalize and post closing entries 9. Prepare a Post-closing trial balance A&A Delivery Ahmed and Ali had saved some cash and decided to start a Small Delivery Business called A&A Delivery. The business will have a monthly accounting cycle. They have started their business on Jan 15, 2019. The following are some events that happened in 2019. 1. Jan 1. Ahmed and Ali invested 60,000 SAR in cash and used Trucks and other equipment cost 80,000 SAR in exchange for ordinary shares in A&A Delivery. 2. Jan 1. A&A Delivery rented a parking lot that cost 48,000 SAR annually. The full payment due in Dec 31, 2019. 3. Jan 2. A&A Delivery paid 7,200 SAR for a one-year insurance policy for the used truck that will expire Dec. 31, 2019 4. Jan 3. A&A Delivery purchased some tools and other supplies from SACO signing 5 months note payable in the amount of 18,000 SAR. The note required A&A Delivery to pay interest at an annual rate of 20%. 5. Jan 5. A&A Delivery purchased cell phone and other electronic equipment that cost 5000 SAR from Jarir. 2,000 SAR was paid in cash and the remaining on account. 6. Jan 5. A&A Delivery purchases A dolly tools and set of ratchet straps to secure cargo and other equipment for 7,000 SAR cash. 7. Jan 7. A&A Delivery haired 2 drivers starting Wednesday Jan 9, 2019. Each driver agreement set the salary to be 720 SAR for a six-day work week (Friday is off-day), and the salaries will be paid on the seventh day of every month. First payment is on February 7, 2019. 8. Jan 8. A&A Delivery signed an advertisement contract with haraj.com website for advertisement that cost 5000 SAR the contract started on Jan 13. A&A Delivery paid 1,000 SAR on Jan 8 as a down payment and agreed to pay the balance due after the advertisement. 9. Jan 13. The first day of business, haraj.com announced the opening day on its website, and A&A Delivery paid the balance due. 10. Jan 13. A&A Delivery received total of 18,000 SAR for delivery services from Riyadh to Dammam. 11. Jan 14. A&A Delivery received 4,000 SAR in cash from a client for a reservation of a delivery service to be provided on Jan 17, 2019. 12. Jan 15. A&A Delivery provided services for 6,000 SAR to Ahmed's brother and he agreed to pay the amount due later. 13. Jan 16. A&A Delivery received 1000 SAR cash in advance for a reservation of a delivery service. The service should be provided on Feb 2, 2019. 14. Jan 17. A&A Delivery provided the service (paid on Jan 14) 15. Jan 20. A&A Delivery received 3000 SAR from Ahmed's brother 16. Jan 25. A&A Delivery paid 1100 SAR Maintenance expenses. 17. Jan 29. A&A Delivery paid 500 SAR cash dividends to shareholders. Required: Apply the accounting cycle and worksheet using excel 1. Analyze business transaction 2. Journalize the transaction 3. Post to Ledger accounts. 4. Prepare an unadjusted trial balance 5. Journalize and post adjusting entries. Extra adjustment data appears on Jan 31, 2019 consist of: . tools, and other supplies on hand 8000 SAR. Depreciation Truck 800 SAR, cell phones 150 SAR , equipment 350 SAR 6. Prepare an adjusted trial balance 7. Prepare the 4 financial statements (Income Statement, retained earnings statement, Statement of Financial position, and cashflow statement) following the standards. 8. Journalize and post closing entries 9. Prepare a Post-closing trial balance