Problem 2.03 – Pastina Company
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Create the necessary December 31, adjusting journal entries.
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Create the necessary December 31, adjusting journal entries.
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Given a list of transactions… record each along with determining the impact on the accounting equation.
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Given a list of transactions between two companies… record the journal entries for both along with indicating the impact each transaction has on the accounting equation.
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Summary, adjusting, closing entries, post to t-accounts, unadjusted trial balance, adjusted trial balance, income statement, balance sheet, post-closing trial balance.
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Given a list of account balances… prepare a trial balance while also determining the balance of the equipment account.
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Given a list of account balances… prepare a trial balance while also determining the balance of the equipment account.
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Given account balances… prepare a trial balance while also calculating the service revenue account balance.
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Given a list of transactions… record each transaction, post them to T-accounts, and prepare a trial balance.
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Given a list of transactions… record each transaction, post each transaction to a T-account, determine the ending balance, and lastly prepare a trial balance.
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Given a beginning trial balance and list of transactions… prepare journal entries for each transaction, use T-accounts to calculate the ending balance, and prepare an end-of-month trial balance.
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