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REQUIREMENT #3: Prepare a trial balance for July in the space below. : Prepare an Adjusted Trial Balance in the space below. Requirement #7: Prepare
REQUIREMENT \#3: Prepare a trial balance for July in the space below. : Prepare an Adjusted Trial Balance in the space below. Requirement \#7: Prepare the financial statements for Peter's Auto Supply Corporation as of July 31 in the space below. 'ou will only be preparing the Income Statement, Statement of Retained Earnings, and the Balance Sheet. he Statement of Cash Flows is a required Financial Statement, but is not required for this project. Requirement \#8: Prepore the closing entries at July 31 in the General Joumal below. Hint, Use the bolances for each account which appear on the Adjusted Trial Bolance for your closing entries. Requirement \#9: Post the closing entries to the T-Accounts on the General Ledger ( Step 2) worksheet and compute ending bolances. Just add to the adjusted balances already listed. Requirement \#10: Prepare a post-closing trial balance as of July 31 in the space below. REQUIREMENT \# 1: Prepare journal entries to record the July transactions in the General Journal below. Remember that Debits must equal Credits_All of your Journal Entries should balance. During its first month of operation, Peter's Auto Supply Corporation, which specializes
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