Leo Drayton started his own consulting firm, Powerhouse Consulting, on August 1, 2010. The trial balance

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Leo Drayton started his own consulting firm, Powerhouse Consulting, on August 1, 2010.  The trial balance at August 31, 2010 is as follows:

 

    And so on........

 

 

 

Required:

 

(a)  Prepare the adjusting entries for August on the tab labeled General Journal

(b)  Enter the totals from the trial balance above as beginning balances on the tab labeled Ledger Accounts

(c)  Post the adjusting entries to the ledger accounts on the tab labeled Ledger Accounts

(d)  Prepare an adjusted trial balance at August 31, 2010 on the tab labeled Adjusted Trial Balance

 

 

 

    • 13 years ago
    Powerhouse Consulting _Correct answers ! Use it as a Guide !
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