T^(2)

Techet tah (O2) contains an unadjusted trial balance for the firm. Assume that the fiscal year begins January 1 and ends December 31 .\ For the questions in Q1, first conduct a transaction analysis and indicate the dollar effects of the transaction on the accounting identity in the appropriate debit or credit column. Then prepare the journal entry, selecting the appropriate accounts from the dropdown menu.\ Round all calculations to the nearest dollar.\ For example:\ Takes out a note from the bank in exchange for

$10,000

in cash.\ escribe the effects of this transaction on the accounting equation in terms of debits and credits.\

( sets )/(10,000)= Liabilities (10,000)/(10)

\ pare the appropriate journal entry for this transaction\ \\\\table[[Account Name,Debit,Credit],[Cash,10,000,],[Notes Payable,10,000]]\ Q2, post the journal entries from Q1 to their appropriate cells in the worksheet. Then prepare the adjusted trial balance.

1) T Whect tah (Q2) contains an unadjusted trial balance for the firm. Assume that the fiscal year begins January 1 and ends December 31 . 2) For the questions in Q1, first conduct a transaction analysis and indicate the dollar effects of the transaction on the accounting identity in the appropriate debit or credit column. Then prepare the journal entry, selecting the appropriate accounts from the dropdown menu. Round all calculations to the nearest dollar. For example: Takes out a note from the bank in exchange for $10,000 in cash. escribe the effects of this transaction on the accounting equation in terms of debits and credits. pare the appropriate journal entry for this transaction Q2, post the journal entries from Q1 to their appropriate cells in the worksheet. Then prepare the adjusted trial balance