Louise Dreyton opened Dustbusters Cleaning Company on February 1, 2010. During the first month of

Louise Dreyton opened Dustbusters Cleaning Company on February 1, 2010.  During the first month of operation the following transactions occurred:

Feb 1Dreyton invested $20,000 cash in exchange for common stock

1Purchased used truck for $9000, paying $4,000 cash and the balance on account

2Purchased cleaning supplies for $2,100 on account

7Paid $1,800 cash for a one-year insurance policy effective February 1

    AND SO ON...............

Required:

(a)  Journalize the February transactions on the tab labeled General Journal

(b)  Post the February transactions on the tab labeled Ledger Accounts

(c)  Prepare a trial balance at February 28 on the tab labeled Trial Balance

(d)  Journalize the adjusting entries on the tab labeled Adjusting Entries

   (1) Services provided but unbilled and uncollected at February 28 are $2,700

   (2) Depreciation on equipment for the month is $500

   (3) One month of the insurance expired

   (4) An inventory count shows $700 of cleaning supplies on hand at February 28

   (5) Accrued but unpaid employee salaries are $1,000

(e)  Post the adjusting entries on the tab labeled Ledger Accounts

(f)  Prepare an adjusted trial balance at February 28 on the tab labeled Adjusted Trial Balance

(g)  Prepare the income statement and retained earnings statement for February and a classified balance sheet at February 28 on the tab labeled Financial Statements

(h)  Journalize the closing entries on the tab labeled Closing Entries

(i)  Post the closing entries on the tab labeled Ledger Accounts

(j)  Prepare a post-closing trial balance at February 28 on the tab labeled Post-Closing Trial Balance

(k)  Bonus (Optional) - Complete the 10-column worksheet for Dustbusters Cleaning Company on the tab labeled Worksheet