• The general journal (example provided in Illustration 3-7 of the text). You should record your transactions as you play the game. Make sure that you have recorded journal entries in the proper format including a description of the transaction and the date (turn).
• The general ledger (example provided in Illustration 3-8). Set up the general ledger using the chart of accounts Ive provided. Post all transactions to the general ledger.
• An unadjusted trial balance (example provided in Illustration 3-20).
• Year-end adjusting entries.
• An adjusted trial balance (example provided in Illustration 3-35).
• Year-end financial statements including a multi-step income statement (Illustration 4-2), and a classified balance sheet (Illustration 5-16) and a Statement of Retained Earnings (Illustration 3-36). (See note under Project Format.)
• Closing entries. (Please use the Income Summary method of closing accounts, Illustration 3-38)
• A post-closing trial balance (example, Illustration 3-40).
• Reversing entries, where appropriate (Chapter 3, Appendix 3B).

free space TURN 16 recive $8 Pentonville Road Income tax refund $20 TURN 17 Fleet Street $220 TURN 18 pay $26 rent Regent street TURN 19 Chance card collect go $200 Salary Revenue pay $6 euston road TURN 20 Electric Company $140 TURN 21 Bow Street $180 TURN 22 pay $20 trafalgar Sqaure TURN 23 Recive $8 Pentonville Road TURN 24 pay 26 regent street TURN 25 recive $14 Bow Street TURN26 Ending balance $38 CASH Pay $100 tax free space TURN 16 recive $8 Pentonville Road Income tax refund $20 TURN 17 Fleet Street $220 TURN 18 pay $26 rent Regent street TURN 19 Chance card collect go $200 Salary Revenue pay $6 euston road TURN 20 Electric Company $140 TURN 21 Bow Street $180 TURN 22 pay $20 trafalgar Sqaure TURN 23 Recive $8 Pentonville Road TURN 24 pay 26 regent street TURN 25 recive $14 Bow Street TURN26 Ending balance $38 CASH Pay $100 tax