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The trial balance of Sigma Corporation contained the following accounts at June 3 0 , 2 0 2 3 , the end of the company's
The trial balance of Sigma Corporation contained the following accounts at June the end of the
company's fiscal year. Prepare the adjusting entries for these accounts: Store supplies Supplies expense
Accumulated Depreciation Store Equipment
Accumulated Depreciation Delivery Equipment
Allowance for doubtful accounts Bad debt expense Note receivable Interest revenue
Note payable Interest expense
Salaries expense
Insurance Expense
COGS Post the adjusting entries to the ledger.
Prepare an adjusted trial balance. Prepare the worksheet.
Prepare financial statements: income statement, retained earnings statement and statement of
financial position classified
Journalize and post the closing entries.
Prepare a postclosing trial balance.
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