Unadjusted Trial Balance, Income Statement, Statement of Retained Earnings and Balance Sheet
1. Journalize the data above, prepare an Unadjusted Trial Balance on the Worksheet + finish the whole Worksheet taking the below-mentioned adjustments into account (see attached file).
2. Prepare the Income Statement, the Statement of retained Earnings and the Balance Sheet in their correct formats.
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INTEGRATIVE PROBLEM 1
The account balances of Rijo Equipment Repair Corp. were as follows:
During September, the following transactions occurred:
INSTRUCTIONS:
1. Journalize the data above, prepare an Unadjusted Trial Balance on the Worksheet + finish the whole Worksheet taking the below-mentioned adjustments into account:
2. Prepare the Income Statement, the Statement of retained Earnings and the Balance Sheet in their correct formats
1.
GENERAL JOURNAL
Date Narration Debit Credit
8-Sep Salaries payable 1,100
Cash 1,100
Being the salaries paid for both September and other ...
Solution Summary
The expert examines the statement of retained earnings and balance sheets.