There are multiple pages that i exclude from the journal to prevent the post being too long. Please include the journal,ledger and closing Trial balance
Closing Entries and Post-Closing Trial Balance A work sheet for Megafrin's Repairs for the month ended January 31, 20. is shown. Megaffin's Repairs Work Sheet For Month Ended January 31, 20- Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Debit Credit Income Statement Balance Sheet Account Title Debit Credit Debit Credit Cash 3,735.00 3,735.00 3,735.00 1,460.00 1,460.00 1,460.00 500.00 290.00 210.00 210.00 910.00 230.00 680.00 680.00 3,250.00 3,250.00 3,250,00 50.00 50.00 50.00 1,220.00 1,220.00 400.00 Accounts Receivable Supplies Prepaid Insurance Delivery Equipment Accumulated Depreciation-Delivery Equipment Accounts Payable Wages Payable Don Megaffin, Capital Don Megaffin, Drawing Repair Fees Wages Expense Advertising Expense Rent Expense Supplies Expense 1,220.00 400.00 7,807.00 400.00 7,807.00 7,807.00 1,000.00 1,000.00 1,000.00 5,000.00 5,000.00 5,000.00 400.00 2,530.00 2,130.00 2,530.00 100.00 650.00 100.00 100.00 650.00 650.00 290.00 290.00 290.00 Cash 3,735.00 Accounts Receivable 3,735.00 1,460.00 1,460.00 500.00 3,735.00 1.460.00 290.00 210.00 910.00 210.00 230.00 3,250.00 680.00 3,250.00 680.00 3,250.00 50.00 1.220.00 50.00 1,220.00 400.00 50.00 1,220.00 400.00 400.00 7,507.00 7,807.00 7.807.00 1,000.00 1,000.00 1,000.00 Supplies Prepaid Insurance Delivery Equipment Accumulated Depreciation-Delivery Equipment Accounts Payable Wages Payable Don Megaffin, Capital Don Megaffin, Drawing Repair Fees Wages Expense Advertising Expense Rent Expense Supplies Expense Phone Expense Insurance Expense Gas and Oil Expense Depreciation Expense-Delivery Equipment Miscellaneous Expense 5,000.00 5,000.00 5,000.00 400.00 2,130.00 100.00 2,530.00 2,530.00 100.00 100.00 650.00 650.00 290.00 650.00 290.00 290.00 45.00 45.00 45.00 230.00 230.00 230.00 210.00 210.00 210.00 50.00 50.00 50.00 37.00 14,027.00 14,027.00 970.00 970.00 37.00 37.00 14,477.00 14,477.00 4.142.00 5,000.00 10,335.00 9.477.00 Net Income 858.00 858.00 5,000.00 5,000.00 10,335.00 10,335.00 2. Journalize (page 11) and post the closing entries. GENERAL JOURNAL PAGE 10 DATE POST. REF. DEBIT CREDIT DESCRIPTION Adjusting Entries 20-- Jan. 31 Cash II II Jan. 31 Il Jan. 31 Jan. 31 DATE GENERAL JOURNAL DESCRIPTION POST. REF. Closing Entries PAGE 11 CREDIT DEBIT 20- 3. Prepare a post-closing trial balance. Megaffin's Repairs Post-Closing Trial Balance January 31, 20- Account Acct. No. Debit Balance Credit Ba Cash 101 Accounts Receivable 122 Supplies 141 Prepaid Insurance 145 185 Delivery Equipment Accumulated Depreciation-Delivery Equipment Accounts Payable 185.1 202 Wages Payable 219 Don Megaffin, Capital 311 0 Check My Work Assignment Score: 16.31% GENERAL LEDGER ACCOUNT Cash ACCOUNT NO. 101 DATE ITEM POST. REF. DEBIT BALANCE DEBIT CREDIT CREDIT 20- Jan. 31 Balance 3,735.00 ACCOUNT Accounts Receivable ACCOUNT NO. 122 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20- Jan. 31 Balance 1,460.00 ACCOUNT Supplies 141 ACCOUNT NO. BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT 20- Jan. 31 Balance 500.00 Jan. 31 Closing ACCOUNT Prepaid Insurance ACCOUNT NO. 145 BALANCE DATE ITEM POST. REF. DEBIT CREDIT DEBIT CREDIT Check My Work
