{"id":71019,"date":"2021-11-05T01:29:02","date_gmt":"2021-11-05T01:29:02","guid":{"rendered":"https:\/\/papersspot.com\/blog\/2021\/11\/05\/acc111-create-general-ledger-and-prepare-and-adjusted-trial-balance\/"},"modified":"2021-11-05T01:29:02","modified_gmt":"2021-11-05T01:29:02","slug":"acc111-create-general-ledger-and-prepare-and-adjusted-trial-balance","status":"publish","type":"post","link":"https:\/\/papersspot.com\/blog\/2021\/11\/05\/acc111-create-general-ledger-and-prepare-and-adjusted-trial-balance\/","title":{"rendered":"ACC111 Create General Ledger and Prepare and Adjusted Trial Balance"},"content":{"rendered":"<p>Required: <br \/>Part A <br \/>1. Prepare journal entries to record the December transaction shown on page &#8220;Transactions Pt. A.&#8221; General ledger account numbers and descriptions that are not needed <br \/>2. Post the entries to general ledger T-accounts <br \/>Part B <br \/>3. Prepare all necessary adjusting entries based on the information shown on the printed &#8220;Adj. Entries Pt. B&#8221; page. General ledger account numbers and descriptions are not necessary. <br \/>4. Post the entries to general ledger T-accounts and calculate balances <br \/>5. Prepare an adjusted trial balance at December 31 <br \/>6. Prepare an income statement, statement changes in equity, and balance sheet. Assume the fiscal year ends on December 31, 2019. <br \/>7. Prepare closing entries and a post closing trial balance on December, 31, 2019. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Required: Part A 1. Prepare journal entries to record the December transaction shown on page &#8220;Transactions Pt. A.&#8221; General ledger account numbers and descriptions that are not needed 2. Post the entries to general ledger T-accounts Part B 3. Prepare all necessary adjusting entries based on the information shown on the printed &#8220;Adj. Entries Pt. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[16],"class_list":["post-71019","post","type-post","status-publish","format-standard","hentry","category-research-paper-writing","tag-accounting"],"_links":{"self":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/71019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/comments?post=71019"}],"version-history":[{"count":0,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/posts\/71019\/revisions"}],"wp:attachment":[{"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/media?parent=71019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/categories?post=71019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/papersspot.com\/blog\/wp-json\/wp\/v2\/tags?post=71019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}