P Pea X Revi X Bb C5 X Bb Exa X Bh Cha X ome/chronos/u-19f83004173f0d834b7abbd296f8794680a04cd4/MyFiles/Downloads/The%20Accounting%20Cycle.pdf Required: 1. Journalize and post the November transactions for Ruiz Consulting. 2. Prepare a Trial Balance as of November 30. 3. Prepare and post adjusting entries for the month ended November 30. a. Expired insurance, $80 b. Supplies on hand at November 30, $900 C. Monthly depreciation of computer, $250 d. 20% of advance fee from Bryant Brokerage was earned by November 30 e. Accrued 3 days wages, $360 4. Prepare an Adjusted Trial Balance. 5. Prepare the following Financial Statements a. Income Statement for the month ended November 30. b. Statement of Owner's Equity for the month ended November 30. C. Balance Sheet as of November 30. 6. Prepare and post the closing entries.
P Pea X Revi X Bb C5 X Bb Exa X Bh Cha X ome/chronos/u-19f83004173f0d834b7abbd296f8794680a04cd4/MyFiles/Downloads/The%20Accounting%20Cycle.pdf Required: 1. Journalize and post the November transactions for Ruiz Consulting. 2. Prepare a Trial Balance as of November 30. 3. Prepare and post adjusting entries for the month ended November 30. a. Expired insurance, $80 b. Supplies on hand at November 30, $900 C. Monthly depreciation of computer, $250 d. 20% of advance fee from Bryant Brokerage was earned by November 30 e. Accrued 3 days wages, $360 4. Prepare an Adjusted Trial Balance. 5. Prepare the following Financial Statements a. Income Statement for the month ended November 30. b. Statement of Owner's Equity for the month ended November 30. C. Balance Sheet as of November 30. 6. Prepare and post the closing entries.
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
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