View History Bookmarks Window Help H Instructions: 1. Journalize each of the April transactions in the...
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View History Bookmarks Window Help H Instructions: 1. Journalize each of the April transactions in the two-column journal provided. Record transactions for April 1-15 on page 5 of the journal. Record transactions for April 16-30 on page 6 of the journal. Only use accounts listed in the Chart of Accounts. 2. Post the transactions from the journal to the general ledger accounts. 3. Prepare an unadjusted trial balance on the worksheet provided. 4. At the end of April, the following adjustment data were assembled. Analyze and use this data to prepare and journalize the adjusting journal entries in journal page 7: a. Insurance expired during April, $250. b. Supplies on hand on April 30, $1,250. c. Depreciation on office equipment for April, $350. d. Rent expired during April, $500. e. Unearned fees on April 30, $3,400. 5. Enter the adjusting entries on the worksheet and complete all ten columns of the worksheet. 6. Post the adjusting journal entries in the general ledger accounts. 7. Prepare an income statement, statement of owner's equity, and classified balance sheet. 8. Prepare and journalize the closing entries on page 8 of the journal. 9. Post the closing entries in the general ledger accounts. 10. Prepare a post-closing trial balance as of April 30, 2020. 1 # 7 2 3 9 A N S x Q S 4 E 1375 35 R C <6 & 7 AN A Y 8 9 0 T Y U 1 ' P K L < >> B N M D F G H C > ' " delete V 1 View History Bookmarks Window Help H Instructions: 1. Journalize each of the April transactions in the two-column journal provided. Record transactions for April 1-15 on page 5 of the journal. Record transactions for April 16-30 on page 6 of the journal. Only use accounts listed in the Chart of Accounts. 2. Post the transactions from the journal to the general ledger accounts. 3. Prepare an unadjusted trial balance on the worksheet provided. 4. At the end of April, the following adjustment data were assembled. Analyze and use this data to prepare and journalize the adjusting journal entries in journal page 7: a. Insurance expired during April, $250. b. Supplies on hand on April 30, $1,250. c. Depreciation on office equipment for April, $350. d. Rent expired during April, $500. e. Unearned fees on April 30, $3,400. 5. Enter the adjusting entries on the worksheet and complete all ten columns of the worksheet. 6. Post the adjusting journal entries in the general ledger accounts. 7. Prepare an income statement, statement of owner's equity, and classified balance sheet. 8. Prepare and journalize the closing entries on page 8 of the journal. 9. Post the closing entries in the general ledger accounts. 10. Prepare a post-closing trial balance as of April 30, 2020. 1 # 7 2 3 9 A N S x Q S 4 E 1375 35 R C <6 & 7 AN A Y 8 9 0 T Y U 1 ' P K L < >> B N M D F G H C > ' " delete V 1
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