Reference no: EM132783575

As the bookkeeper for Jack's landscaping, you have been asked to complete the entire accounting cycle for Jack from the following information. JJanuary 1, Jack invested $7000 cash and $6000 worth of landscaping equipment in the company. January 1, paid rent for 3 months in advance for garage space, $2000 January 4, purchased office equipment on account from Ling Corporation, $7200 January 6, purchased landscaping supplies for $700 cash. JJanuary 8, collected $15000 from landscaping local shopping centers. JJanuary 12, Jack White, owner withdrew $1000 from the business for personal use. JJanuary 20, landscaped North East office space; payment not to be received until March $5000 JJanuary 26, paid salaries to employees, $1800 JJanuary 28, paid Ling Corp, one half the amount owed for equipment. JJanuary 29, advertising bill received from Bush Co but will not be paid until March, $900 JJanuary 30, paid telephone Bill, $210

Data for adjustments

a) landscaping supplies on hand $400

b) rent expired $600

C) depreciation on office equipment $120

d) depreciation on landscaping equipment $100

e) accrued salaries due not yet paid $190.

Problem 1: How can you record the transactions on the trial balance column on the worksheet? How to record adjustments onto the adjustments column on the worksheet. From the worksheet, how to record closing entries on the journal page and prepare the post closing trial balance?