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the general ledger of red storm cleaners at january 1 2015 includes the following ac 4289956

 

The general ledger of Red Storm Cleaners at January 1, 2015, includes the following account balances:

 

 

6.

value:

0.83 points

Required information

Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, select “No journal entry required” in the first account field.)

6. Record adjusting entries. Accrued salaries at year-end amounted to $1,100. Depreciation for the year on the equipment is $5,000. Office supplies remaining on hand at the end of the year equal $1,200. (If no entry is required for a particular transaction/event, select “No journal entry required” in the first account field.)

7. Prepare an adjusted trial balance.

8A. Prepare the income statement for the year ended December 31, 2015.

8B. Prepare the classified balance sheet for the year ended December 31, 2015. (Amounts to be deducted should be indicated by a minus sign.)

9. Record closing entries. (If no entry is required for a particular transaction/event, select “No journal entry required” in the first account field.)

11. Prepare a post-closing trial balance.

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