Could you please help me create a fictional journal entries (#3) 15-20 for a fictional...
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Accounting
Could you please help me create a fictional journal entries (#3) 15-20 for a fictional electronics store that I can use to create a balance sheet, income statement etc. (Initial owners investment is 50,000)
1. Chart of Accounts 2. Source Documents, 2-3 different types 3. Journal Entries 4. Ledgers 5. Trial Balance, work sheet 6. Adjusting entries, work sheet 7. Balance Sheet Assets: current(cash, accounts receivable, inventory), fixed assets, Accumulated depreciation liabilities: current accounts payable, payroll taxes payable), long term (notes payable) 8. Income Statement Revenues (with cost of goods sold if applicable) Expenses: utilities, insurance, wages or salaries, taxes, rent/lease, etc. 9. Closing entries
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