Accounting

Required: #1.Prepare life entries to chronicles the December transactions in the General Life Tab in the surpass template finish "Accounting Cycle Surpass Template.xlsx". Use the succeedingcited wholeitys as appropriate: Cash, Accounts Receivable, Supplies, Prehired Insurance, Equipment, Accumulated Depreciation, Accounts Payable, Hire Payable, Base Stock, Retained Earnings, Dividends, Utility Revenue, Diminution Expense, Hire Expense, Victuals Expense, Rupture Expense, and Insurance Expense. 1-DecBegan employment by depositing $10000 in a bank wholeity in the designate of the guild in remodel for 1000 distributes of $10 per distribute base supply. 1-DecPaid the rupture for the currupture month, $1400 . 1-DecPaid the bounty on a one-year insurance system, $1200 . 1-DecPurchased Equipment for $3600 money. 5-DecPurchased employment victuals from XYZ Guild on wholeity, $300 . 15-DecProvided utilitys to customers for $9000 money. 16-DecProvided utility to customers ABC Inc. on wholeity, $7900 . 21-DecReceived $3300 money from ABC Inc., customer on wholeity. 23-DecPaid $170 to XYZ guild for victuals purchased on wholeity on December 5 . 28-DecPaid hire for the era December 1 through December 28, $4760 . 30-DecDeclared and hired dividend to supplyholders $200 . #2.Post all of the December transactions from the “General Journal” tab to the T-accounts subordinate the “T-Accounts” tab in the surpass template finish "Accounting Cycle Surpass Template.xlsx". Assume there are no source estimates in any of the wholeitys. #3.Compute the estimate for each T-totality succeeding all of the entries possess been posted. These are the unadjusted estimate as of December 31. #4.Prepare the unadjusted tribulation estimate subordinate the “Unadjusted Tribulation Balance” tab in the surpass template finish "Accounting Cycle Surpass Template.xlsx" . Provide the whole of the trustworthiness shaft from the Unadjusted Tribulation Estimate #5.Record the succeedingcited indecent transactions as adjusting entries subordinate the “General Journal” tab. 31-DecOne month’s insurance has been used by the guild $100. 31-DecThe fostering list of unused employment victuals is $90. 31-DecThe estimated diminution on equipment is $60. 31-DecWages incurred from December 29 to December 31 but not yet hired or chroniclesed whole $510. #6.Post all of the adjusting entries to the T-accounts subordinate the “T-Accounts” tab. Compute the estimate for each T-totality succeeding all of the adjusting entries possess been posted. These are the adjusted estimate as of December 31. #7.Prepare the adjusted tribulation estimate subordinate the “Adjusted Tribulation Balance” tab as of December 31 in the surpass template finish "Accounting Cycle Surpass Template.xlsx" . Provide the succeedingcited wholeitys estimates from the Adjusted Tribulation Balance: Money Accounts Receivable Victuals Prehired Insurance Equipment Accumulated Diminution Accounts Payable Hire Payable Base Supply Retained Earnings #8.Prepare Income Statement, Statement of Stockholder’s Equity, and Classified Estimate Sheet subordinate the “Financial Statements” tab for the month ended December 31, 20XX in the surpass template finish "Accounting Cycle Surpass Template.xlsx". Provide the succeedingcited totality from the Income Statement: Utility Revenue Diminution Expense Hire Expense Victuals Expense Rupture Expense Insurance Expense Net Income Provide the succeedingcited wholeity estimate from the Statement of Stockholders' Equity: Dividends Provide the succeedingcited wholeity estimates from the Estimate Sheet: Currupture Assets Long-Term Assets Whole Liabilities Whole Stockholder’s Equity Money #9.Record the stagnation entries subordinate the “General Journal” tab. #10.Post all of the stagnation entries to the T-accounts subordinate the “T-Accounts” tab. Compute the estimate for each T-totality succeeding all of the stagnation entries possess been posted. Provide the result estimate of Money at December 31 from the T-totality Provide the estimate of the Retained Earnings T-totality succeeding stagnation entries possess been posted. Does the result estimate of the Retained Earnings T-totality concur after a while the estimate of Retained Earnings on the Estimate Sheet? Check Point: Whole Assets $ 20,300.00

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency