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Selected accounts of A-NG Pty Ltd are shown below Required: (please label your responses as 1.,2.,3.) After analysing the accounts, journalise the transactions incurred before

Selected accounts of A-NG Pty Ltd are shown below

Required: (please label your responses as 1.,2.,3.)

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  1. After analysing the accounts, journalise the transactions incurred before 31st July (4/14)
  2. After analysing the accounts, journalise the adjusting entries that were made on 31st July. (4/14)
  3. After analysing the accounts, journalise the closing entries that were made on 31st (6/14)
Supplies expense $1,500 Insurance expense $2,180 July 31 July 31 Supplies $1,090 July 31 Unearned revenue July 31 $4,830 July 1 July 1 $1,500 $1,590 10 $1,200 20 $4,660 Prepaid Insurance $990 July 31 8 $3,000 Service revenue 31 July 1 $2,180 $4,830 Dividends Cash July 1 $10,000 July 10 20 $4,660 8 July 15 $1,600 $1,200 $3,000 Dividends payable July 15 $1,600 Accumulated depreciation July 1 $3,500 31 $1,700 Depreciation expense July 31 $1,700

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