Statement of retained earnings tab

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Reference no: EM133538332

Requirement: General Journal tab: Susan Sienna is a photographer who has started a new photography business. On December 1, 2018, Susan decided to incorporate under the name Rockin Alums Photography. Susan has hired you to provide accounting services for the company. Transactions 1-11: Prepare journal entries to record transactions for the first month in business. Transactions 12-15: Prepare the required adjusting entries. Transactions 16-19: Prepare the necessary closing entries. General Ledger tab: Entries are posted automatically to the general ledger. Abnormal balances are indicated in brackets. Review the general ledger accounts for normal balances. Trial balance tab: Use the dropdown button to review the unadjusted, adjusted, or post-closing trial balance. Review for normal ending balances. Income statement tab: Select the financial statement elements and accounts properly included on the income statement. The balances automatically populate from the trial balance selected. Statement of retained earnings tab: Select the proper label for each value appearing on the statement of retained earnings. Make sure the ending balance agrees with the general ledger balance. Balance sheet tab: Select the financial statement elements and accounts properly included on the balance sheet. The balances automatically populate from the trial balance selected.

Reference no: EM133538332

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