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- You are required to post the journal entries for the transactions listed below. - You are required to create a general ledger and trial
- You are required to post the journal entries for the transactions listed below. - You are required to create a general ledger and trial balance based on the journal entries. - Use account names you are familiar with in your program of study. NOTE: Use only the HST Payable account and HST paid on expenses account. - Ignore decimal places. Round to the nearest dollar. Use all Excel functions where reasonable. - Record all prepaid expenses to prepaid accounts. - You must provide a short description for each journal entry. Ignore HST unless otherwise explicitly stated
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