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ther months coded the trial balance c a n come Matement and statement of changes in equity for the three coded July 31, 2020, as
ther months coded the trial balance c a n come Matement and statement of changes in equity for the three coded July 31, 2020, as well as a balance sheet at July 31, 2020. 2-13A Joumang pong, preparing a trial balance and financial statements 101, 3, 4, 5, 6 GURES: 4 D = $68,100; 5. Profit $11,250, Total assets - $16.900 bet Gillis a wedding planner WK in one of the best known in her are she has a high presence a wedding and works closely with a wedding dress boutique. On January 1, 2020, Ranjeet started her business called arthing Weckling Planning. The following activities occurred during March, the third month of operations: Problem 2-13A Journalizing CHECK FIGURES: 4 D = $681005 ering the 53.00 3. Build le (251) ng Rev. ertising Mall 1 2 3 and 5 15 20 31 Purchased supples for orging files on credit for $200. Colected $4400 advance for a wedding in May Colected the final payment of $2.200 for the Singh wedding happening is w Pald 3.200 to rent the hall for the Singh wedding Paid $600 for suppies purchased on account last month. Ranjeet withdrew cash or $450 to do some personal Shopping on the weekend Paid her assistant wages of $1,500. Purchased new punch bowl equipment on credt for $400 - state July Required 1. Prepare journal entries to record the July transactions 2. Set up the following general ledger accounts using T-accounts, entering the balances brought forward from February 29, 2020: Cash (101) S6,200; Supplies (126) S1,050; Equipment (161) $8,200, Accounts Payable (201) $1,700; Unearned Wedding Planning Revenue (233) $10,000, Ranjeet Gill, Capital (301) $3,200; Ranjeet Gill, withdrawals (302) $13,200: Wedding Planning Revenue (401) $46,600; Wages Expense (623) $26,650; and Rent Expense (640) $6,200. 3. Post the entries to the T-accounts, calculate the ending balance in each account 4. Prepare a trial balance at March 31, 2020 5. Use the trial balance to prepare an income statement and statement of changes in equity for the three months ended March 31, 2020, as well as a balance sheet at March 31, 2020. 5,6 Flor
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