Post adjusting entries to the general ledger

Assignment Help Financial Accounting

Reference no: EM131231359

Management Tools Assignment

Requirements

Assignment Part 1

Requirement 1 - Prepare the Journal Entries in the General Journal
Requirement 2 - Post Journal Entries to the General Ledger
Requirement 3 - Prepare a Trial Balance

Assignment Part 2-

Requirement 4 - Prepare the Adjusting Entries
Requirement 5 - Post Adjusting Entries to the General Ledger
Requirement 6 - Prepare an Adjusted Trial Balance
Requirement 7 - Prepare the Financial Statements
Requirement 8 - Prepare the Closing Entries
Requirement 9 - Post Closing Entries to the General Ledger
Requirement 10 - Prepare the Post Closing Trial Balance

Additional Notes:

1) All Journal Entries MUST include the "Explanation" line.

2) All Debit account entry lines MUST be fully left-justified.

3) All Credit account entry lines MUST be indented 4 or 5 spaces, UNIFORMLY.

4) You will be required to create at least ONE additional general Ledger Account to accommodate a few Journal Entires.

5) You may creat one "Miscellaneous Expense" account in the General Ledger to accommodate all of the otherwise unspecified entries, OR you may create 2 or 3 new G/L accounts. For example "Utilities."

6) Be sure that you use proper formatting when you create the Financial Statements. For example, all underlining and "tiny_mce_markerquot; signs must be properly formatted.

7) These templates are NOT fully "pre-formatted". You must re-format them for proper presentation in many places.

Attachment:- Managment_Tools_Assignment.xlsx

Reference no: EM131231359

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