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-12 Comprehensive Oa November 30, 2019, Davis Company had the following account balances: 3.3 3.4...

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Accounting

image -12 Comprehensive Oa November 30, 2019, Davis Company had the following account balances: 3.3 3.4 3.5 3.6 3.7 3.8 During the month of December, Davis entered into the following transactions: Required: 1. Prepare general journal entries to record the preceding transactions. 2. Post to general ledger T-accounts. 3. Prepare a year-end trial balance on a worksheet and complete the worksheet using the following information: (a) accrued solaries at year-end total $1,200; (b) for simplicity, the building and equipment are being depreciated using the straight-line method over an estimated life of 20 years with no residual value; (c) supplies on hand at the end of the year total $630; (d) bad debes expense for the year totals $830; and (c) the income tax 4. Ircpare the company's financial statements for 2019. 5. Prepare the 2019 (a) adjusting and (b) closing entries in the general journal

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