Problem 3.04A – Buzzard Bicycle
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition
Given the information that occurred throughout the year… prepare the year-end adjusting journal entries.
Given the information that occurred throughout the year… prepare the year-end adjusting journal entries.
Given information about the company’s fiscal year… prepare adjusting entries.
Prepare all 4 financial statements.
Given an adjusted trial balance… prepare an income statement, statement of stockholders’ equity, and classified balance sheet.
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 a general ledger for the company along with a summary of transactions made… set up t-accounts, record each transaction, post transactions to accounts, prepare an unadjusted trial balance, prepare an income statement, prepare a balance sheet, and record closing entries.