PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE. PROBLEM: APRIL 1- PAID THE MONTHLY RENT 6,000 APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750 APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED APRIL 10 - PAID PLDT TELEPHONE BILL 1,050 APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS APRIL 14 - PAID SALARY OF SECRETARY 4,500 APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650 APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES ADJUSTING ENTRIES APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000 APRIL 30 - PAID CREDITORS 5,000 APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED

PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE. PROBLEM: APRIL 1- PAID THE MONTHLY RENT 6,000 APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750 APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED APRIL 10 - PAID PLDT TELEPHONE BILL 1,050 APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS APRIL 14 - PAID SALARY OF SECRETARY 4,500 APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650 APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES ADJUSTING ENTRIES APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000 APRIL 30 - PAID CREDITORS 5,000 APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter21: Accounting For Accruals, Deferrals, And Reversing Entries

Section21.1: Accruals

Problem 1OYO

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