Accounting- Prepare journal entries and more
Please read the attachment I have provided and then do these questions:
- Prepare general journal entries to record each transaction. Omit explanations.
- Post the entries to T-accounts.
- Prepare an unadjusted trial balance as of December 31, 2013.
- Prepare the necessary December 31, 2013, adjusting journal entries.
- Post the adjusting entries to T-accounts.
- Prepare an adjusted trial balance.
- Prepare an income statement and a statement of shareholders’ equity for the month endedDecember 31, 2013, and a classified balance sheet as of December 31, 2013.
- Prepare closing entries and post to the accounts.
- Prepare a post-closing trial balance