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Using the unadjusted trial balance, and some additional information... 2) Prepare all necessary adjusting journal entries 3) Prepare a full set of financial statements including
Using the unadjusted trial balance, and some additional information...
2) Prepare all necessary adjusting journal entries
3) Prepare a full set of financial statements including a note related to significant accounting policies. Please provide the Balance Sheet, Income Statement, Statement of Comprehensive Income, Statement of Retained Earnings, State of Cash Flow, and the Footnote.
Weaving Way Grocers Trial Balance Year Ended June 30, 2017 Debit Account Name Cash Accounts Receivable Supplies Inventor Note Receivable Prepaid Rent Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Note Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense Rent Expense Supplies Expense Insurance Expense Advertising Expense Credit 30,000.00 40,000.00 1,500.00 60,000.00 20,000.00 2,000.00 80,000.00 30,000.00 31,000.00 50,000.00 60,000.00 29,500.00 148,000.00 70,000.00 18,900.00 11,000.00 1,100.00 6,000.00 3,000.00 Weaving Way Grocers Trial Balance Year Ended June 30, 2017 Debit Account Name Cash Accounts Receivable Supplies Inventor Note Receivable Prepaid Rent Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Note Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense Rent Expense Supplies Expense Insurance Expense Advertising Expense Credit 30,000.00 40,000.00 1,500.00 60,000.00 20,000.00 2,000.00 80,000.00 30,000.00 31,000.00 50,000.00 60,000.00 29,500.00 148,000.00 70,000.00 18,900.00 11,000.00 1,100.00 6,000.00 3,000.00Step by Step Solution
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