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The following unadjusted trial balance is for Ace Construction Company at its June 3 0 current fiscal year - end. The credit balance of the
The following unadjusted trial balance is for Ace Construction Company at its June current fiscal yearend. The credit balance of the V Ace, Capital account was $ on June of the prior year, and the owner invested $ cash during the current fiscal year. Required:
Prepare a column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information.
a Prepare the adjusting entries all dated June
b Prepare the closing entries all dated June
a Prepare the income statement for the year ended June
b Prepare the statement of owner's equity for the year ended June
c Prepare the classified balance sheet at June
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