Asianes Shest Accounts

$1$ Ansets

$11$ Cash

$12$ Actoumts fiereivatis

$13$ Subplies

If Prapald inaurance

$15$ Ortice fquipmemt

$15$ Arcum. Denrecistion$-$Oflise to$.$

$2$ Liabllities

$21$ Accounts Payable

$22$ Acuruis $($ie takes payabie$)$

$23$ Uneamed fevenue

$3$ Stockholders Equity

$31$ Common Stock

$32$ Retained farnings

$33$ Dividencts

Sosecifras bic, Ine

Chert wi Arcounts

income itatement Acorsurs:

Peverus

Destatt

velatt

$41.$ Phevenue:

crectt

Debits

Derbit

Deibut

Credt

$3$ Experses

$51$ Experses

Wests

Credit

Cradt

Credit

Credit

Credit

Dabit

$25.$ Sin, Inc is a pool desien firm besed in Ozona, Florida. Blased on the following fact pattem complefe the entlie accourting eyc $20$

d the following entries for the month of May in the General Lournal $($GJ$)$ pages $12$ and $12$

$1$ Invested $$25,000$ cash in exhange for Common Stock

$1$ Pald cash $$1,200$ for $12$ month insurance policy

$3$ Paid cash for various expenses $$3,000$

$5$ Purchared supplies $$2,000$ on account.

$10$ Paid cash for office equipment $$3,500.$

$17$ Paid $$1,000$ cash to creditor

$20.$ Revenue from designing several pools $$12,000.$ Received $$7,000$ cash, remainder on account.

$22$ Received $$900$ cash from customer for future work

$24$ Pecelved $$1,000$ cash from customer paying down account

$30$ Board of Directors declared and paid cash Dividend $$2,000$

YCLUDE THE DESCRIPTION

WAYS LEAVE A SPACE BETWEEN SEPARATE TRANSACTIONS

neral Ledger $($GL$)$

e Unadjusted Trial Balance

usting Entries on Journal Page $3$

Supplies on hand at month end $$250$

Office Equipment Depreciates staright line over $3$ years

Record insurance expense for month end

Earned $$300$ of Unearned Revenue

Five hours deggn work on long term contract, $$200$ per hour

Record tax elpense. Tax rate $40\%$

Entry Type

g Entries to the General Ledger $($GL$)$

Periadic inventory expense

Estimated Expense

Deferred Expense Mou Prepaid an ex$?$

Deferred Revenue $($Customer Prepaic

Accrued Revenuse

Idjusted Trial Balance

Accrued Expense

come Statement, Retained Earnings Statement and Balance Sheet.

Inal Page $4$ the closing of all temporary accounts directly into Retained Earnings

Ledger $($OL$)$

st Closing Trial Balance