The purpose of this memo is to provide some additional clarity and expectations regarding the upcoming Bookkeeping Project. Background Paddleboard Adventures, Inc. is a local provider of standup paddleboard rentals and clinics. Paddleboard Adventures is a brand new corporation just beginning business in June of 2016. The CEO has ask you to start the companies bookkeeping. Project Instructions . . . Open T accounts for all of the accounts on the June 2016 chart of accounts Post the June Transactions and adjusting entries to the T accounts Prepare an adjusted trial balance after you have posted all the transactions Prepare a profit and loss, and balance sheet for the month ending June 30 Submission Instructions Please prepare the trial balance, profit and loss, and balance sheet in a single word or excel file. Be sure that all three reports have the appropriate 3 line titles. Upload the file to the Moodle website. Notes Unless specifically indicated transactions can be assumed to be in cash.