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Required: a) Prepare the journal entries for the month of Apti. You will also need to update the inventory in the table far cach purchase
Required: a) Prepare the journal entries for the month of Apti. You will also need to update the inventory in the table far cach purchase and sale found under the inventory Valuation tab of this werkbock. b) Post the above journal entries to the accounth. c) Complete the bank reconciliation report. d) Record the journal entries from the bank reconeil atlon and post amounts to general ledger accounts e) Complete the 10 -column worksheet. e) Post the adjusting entries to the accounts f) Journalize and post the adjustments g) Prepare the multistep income statement, calculation of retaintd earning, chassified balance sheet found under the financial statements tab of this workbook. h) Answer the analysis questions from 'a' to 7 found under the financlal statements tab of this workbook: Tranaactlons for the month of April: At the end of April, the following adjustment had to be journalized to properly report the balances of the company/s accounts: \begin{tabular}{|l|l|} \hline Apr 30 & For Prepaid Insurance, record the adjustment of $520 to the current month expense. \\ \hline Apr 30 & For Unearned Revenue, $3,750 still remains unearned at the end of April. \\ \hline Apr 30 & Monthly depreciation on the equipment was $1,820. \\ \hline \end{tabular}
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