Requirement #3: Prepare a trial balance for July in the space below. True Consulting Corporation Trial Balance July 31 C

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Requirement 3 Prepare A Trial Balance For July In The Space Below True Consulting Corporation Trial Balance July 31 C 1 (71.49 KiB) Viewed 16 times

Requirement #3: Prepare a trial balance for July in the space below. True Consulting Corporation Trial Balance July 31 Cash Supplies Equipment Accounts Payable Common Stock Service Revenue Rent Expense Wages Expense Repairs & Maintenance Expense Dividends Net Loss 13,300 2,000 8,000 1,200 1,750 350 700 2,100 29,400 6,500 15,000 7,900 29,400 Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's rent has expired b) The remaining inventory of supplies is $600. c) The estimated depreciation on equipment is $100. d) The estimated income taxes are $1,200. General Journal Date Description (Account Name) Debit Credit Requirement #5: Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances Just add to the balances that are already listed.