Problem 3.04B – Grasshopper Lawn Service
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition
Given information about the company’s fiscal year… prepare adjusting entries.
Given information about the company’s fiscal year… prepare adjusting entries.
Record closing entries and prepare a post-closing trial balance.
Given an income statement, statement of stockholders’ equity, and balance sheet… record adjusting entries along with preparing a post-closing trial balance.
Given the company’s cash ledger for the month and other additional information… prepare a bank reconciliation and record any adjusting entries necessary.
Given information about how a company and bank record checks and expenses… prepare a bank reconciliation along with recording adjusting entries.
Given cash records and a bank statement… prepare a bank reconciliation along with recording any adjusting entries.
Given a summary of the transactions made by the company along with the beginning cash balance… prepare the statement of cash flows.
Given cash transactions and noncash transactions… prepare a statement of cash flows.
Given a list of transactions… record transactions, identify transactions involving cash, post to Cash T-account and compute the ending cash balance, prepare a statement of cash flows and verify the net cash flows equal to the change in the cash balance for the month.
Given transactions for the month… record each of the transactions along with showing revenues in the income statement.