Sea Horse Boats, Inc. Sea Horse is in the business of selling and servicing new and used pleasure boats. The business began on January 1 of this year. Sea Horse uses the specific identification method to manage its boat inventory. Sea Horse is on a calendar year (business year begins on January 1 and ends on December 31).

Balances in their general ledger accounts as of November 30 follow all balances are normal).

and usod pleasure boats. The krosiness began oe forary I of this year. Sea Horie ases the epccifie identification method to manage ina bout inve tney. Set Horve is an a calendar year (busincrs yoar begins on fatmary 1 and ende bn Decernher 31 ). Balances in their generil ledger accounts as of khovernber to follon (all balances are normall. The followine transactions occurred in December. Oa the following workeper prepare the joumal entry that would be necessary io record each of the above trmznections. Nest, set up Traccoumts for each acexumi, poot the journal retries an the genceal Now that the general ledger accounts are posted and nuled, prepare the unadyusted trinl balance. Use the workpuper below. Don't forget who, what, and when. If your trial balance balances, you are finithed with chipter 9 . Now the fun begins: Iet's move on to chapter 10. Nice job