I JUST NEED PART 4 FIXED HERE ARE THE COMPANY BOOKS ...
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Accounting
I JUST NEED PART 4 FIXED
HERE ARE THE COMPANY BOOKS
Benson Inc.'s April journal entries have been posted to the general ledger for you as shown below. This is similar to ho Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular' Part 4 [50 points] The question was: a) The following bank statement was received. Prepare a bank reconciliation for April: Additional Information: The NSF cheque was received in March from ABC Inc. for a sale dated March 15. - It is estimated that utilities used during April totalled $19,500. - Actual count of ending merchandise inventory on April 30, 2024 was $1,818,754. past due (60%). Since this is an estimate please round your final answer to the nearest whole dollar. - Income taxes are estimated to be $243,100. Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular' a) Prepare the unadjusted trial balance at April 30, 2024. b) What is the next step in the accounting cycle? Prepare financial statements Prepare a post-closing trial balance Post closing entries Prepare bank reconciliation and adjusting entries Post adjusting entries Prepare an adjusted trial balance Analyze and journalize transactions This is the last step Post transactions Prepare closing entries Benson Inc.'s April journal entries have been posted to the general ledger for you as shown below. This is similar to ho Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular' Part 4 [50 points] The question was: a) The following bank statement was received. Prepare a bank reconciliation for April: Additional Information: The NSF cheque was received in March from ABC Inc. for a sale dated March 15. - It is estimated that utilities used during April totalled $19,500. - Actual count of ending merchandise inventory on April 30, 2024 was $1,818,754. past due (60%). Since this is an estimate please round your final answer to the nearest whole dollar. - Income taxes are estimated to be $243,100. Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular'Unknown environment 'tabular' a) Prepare the unadjusted trial balance at April 30, 2024. b) What is the next step in the accounting cycle? Prepare financial statements Prepare a post-closing trial balance Post closing entries Prepare bank reconciliation and adjusting entries Post adjusting entries Prepare an adjusted trial balance Analyze and journalize transactions This is the last step Post transactions Prepare closing entries
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