And Utilities Expense.
Instructions
a. Enter the July 1 balances in the ledger accounts. (Us...
And Utilities Expense.
Instructions
a. Enter the July 1 balances in the ledger accounts. (Use T-accounts.)
b. Journalize the July transactions.
e Post to the ledger accounts.
d. Prepare a trial balance at July 31.
e. Journalize and post adjusting entries for the month ending July 31.
f. Prepare an adjusted trial balance.
g. Prepare an income statement and a retained earning statement for July and a classified balance
sheet at July 31.
h. Journalize and post closing entries and complete the closing process.
i. Prepare a post-closing trial balance at July 31.
$6,770
$99,670
ical Thinking
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