to include a tew new accounts. rollow the instructions on the kequirements tab to complete tne accounting recoras tor the montn or

January.

DATE TRANSACTIONS

January $2$ Purchased supplies for $$14,000$; issued Check $1015.$

January $2$ Purchased a one$-$year insurance policy for $$16,80.$

January $7$ Sold services for $$3,$ in cash and $$2,$ on credit during the first week of January.

January $12$ Collected a total of $$8,0$ on account from credit customers during the first week of January.

during the month.

January $13$ collected a total of $$9,0$ on account from credit customers during the second week of January.

January $14$ Returned supplies that were damaged for a cash refund of $$1,500.$

January $15$ Sold services for $$41,400$ in cash and $$4,60$ on credit during the second week of January.

January $2$ Purchased supplies for $$10,0$ from White's, Incorporated; received Invoice $2384$ payable in $3$ days.

January $2$ Sold services for $$25,$ in cash and $$7,$ on credit during the third week of January.

January $2$ collected a total of $$11,2$ on account from credit customers during the third week of January.

January $21$ Issued Check $1018$ for $$14,130$ to pay for maintenance work on the office equipment.

January $23$ Received the monthly telephone bill for $$2,050$ and paid it with Check $1020.$

January $26$ collected a total of $$3,20$ on account from credit customers during the fourth week of January.

January $27$ Issued Check $1021$ for $$6,$ to office Plus as payment on account for Invoice $2223.$

January $28$ Sent Check $1022$ for $$5,350$ in payment of the monthly bill for utilities.

January $29$ Sold services for $$38,$ in cash and $$5,50$ on credit during the fourth week of January.

January $31$ Issued Check $1028$ for $$24,00$ for personal use.

January $31$ Issued Check $1029$ for $$8,300$ to pay for maintenance services for the month.

the rest on credit. The equipment has a five$-$year life and no salvage value.

January $31$ Sold services for $$15,200$ in cash and $$3,240$ on credit on January $31.$

ADJUSTMENTS

of $$9,40$ on hand.

January $31$ Compute and record the adjustment for expired insurance for the month.

January $31$ Record the adjustment for one month of expired rent of $$4,00.$

for the new equipment will be recorded in February.

Required:

General Ledger tab: Enter the account balances for January $1,20$X$2$ from the postclosing trlal balance prepared on December $31,$

$20$X$1,$ which appears in Flgure $6\mathrm{.}3.$

General Journal tab: Analyze each of the transactions listed for January and record it in the general journal.

General Ledger tab: Post the transactions to the general ledger accounts.

Worksheet tab: Prepare the Trial Balance section of the worksheet.

Worksheet tab: Prepare the Adjustments section of the worksheet using the acdusting transactions.

Worksheet tab: Complete the worksheet.

Income Statement tab: Prepare an Income statement for the month.

Statement of Owner's Equity tab: Prepare a statement of owner's equity.

Balance Sheet tab: Prepare a balance sheet.

Adjusting and Closing tab: Record the adjusting entrles and the closing entrles in the general journal.

General Ledger tab: Post the adjusting entrles and the closing entrles to the general ledger accounts.

Post Closing tab: Prepare a postclosing trial balance.

Analyze: Answer the questions on the Analyze tab to compare the January $31$ balance sheet you prepared with the December $31$

balance sheet shown in Flgure $6\mathrm{.}4.$

$($PLEASE COMPLETE THE GENERAL LEDGER, STATEMENT OF OWNER'S EQUITY, POSTCLOSING TRIAL BALANCE AND THE ANALYZE PORTION$)$