post journal entries on ledger accounts.2.prepare a trial balance, adjustment , income, and balance statements. month end adjustments: (1) supplies inventory, 3,/31 , 2,100..prepare income statement4. statement retained earnings5. balance sheetprepare an adjusting journal/ entry, and closing journal8. prepare closing trial balance
open the books for the following period
Caroline Landscaping Service General Journal Date Description Post. Ref. Debit Credit 2013 March. 1 Capital Stock 20,000 Cash 20,000 March. 1 Prepaid Rent 2,100 Cash 2,100 March. 1 Equipment 1,600 Capital Stock 1,600 March. 1 Automobile Expense 2,160 Accounts payable 2,160 March. 1 Equipment 8,500 Cash 4,000 Accounts payable 4,500 March. 1 Accounts receivable 1,225 Fees earned 1225 March. 10 Prepaid insurance 1,800 Cash Prepaid 3 months 1,800 March. 13 Supplies 200 Cash 80 Accounts payable 120 Bought Supplies March. 14 Supplies 2,500 Accounts payable 2,500 March. 15 Accounts receivable 4,845 Fees earned 4,845 Sold services March. 17 Gas and oil equipment 84 Cash 84 March. 19 Cash 2,700 Fees Earned 2,700 March. 22 Accounts Payable 600 Cash 600 Paid Creditors on Acct March. 24 Cash 500 Account receivable 500 Receivables from account March. 28 Accounts receivable 1,626 Fees Earned 1,626 March. 29 utilities expense 200 Accounts payable 200 March. 30 wages expense 3,200 Cash 3,200 Paid salaries March. 31 Withdrew/ dividend 1,300 Cash 1,300 Withdrew for personal use
Attachments:
Caroline Land….docx