Comprehensive Accounting Cycle Review Problem Instructions < Student Name, Complete the Comprehensive Problem, beginning on page 2, on the included work papers. If you prefer you can complete the problem using the excel spreadsheet available on Canvas, ‘Submit the assignment to your instructor AND upload it to your ePortfoio: 4. Submit to your instructor by due date (60 points) 2. Upload to your ePorfolio and submit the link to your instructor by due date (20 points) ‘Instructions on how to submit the assignment (60 points): Go to your Canvas home page for this course. Scroll down to the bottom where it says Offline Assignment Area. Follow the instructions where is says Click here to upload your Comprehensive Problem. Be sure and put your name on the assignment. ‘Please submit the problem as one document. 2.nstructions on how to submit the link to your ePortfolio (20 points): Go to your Canvas home page for this course. Scroll down to the bottom where it says Offline Assignment Area. Follow the Instructions where is says Click here to submit your ePortfoio link. (if you do not already have an ePortfolio you can get help making one by either going to the ePortfolio lab in the basement of the library on the Redwood Campus in room 47. Note: This is the project that lets you know if your level of understanding is where it needs to be to be successful in this course. if you are having great difficulty in completing this then you need to review the content of chapters 2-4 to continue on and have a successful experience. Please give it your best shot! {A solution to this probiem is not available for your reference, by design. Its time for you to complete a problem on your own, The following check figures are provided: jnagjusted Trial B __| [ Adjusted Trial Balance $56,350 zal Net Income $18,300 Total Assets z $49,400 Post-Closing Trial Balance $49,500GENERAL JOURNAL DATE ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT Record Transactions, Adjusting Entries, Closing Entries in this journal | Deat (ashe I 33,020 Deals | Recageeds Respiueble. 2400 ae Te Pai pera abs OX eel L008 [Peo 20 [Card — s 14,000 _ A ignGENERAL JOURNAL DATE _ Lod 100 (99 Sa a a = SufRiok 1DGENERAL JOURNAL. Doe Ayeornrd unearned euevud 2O% me P) Qecal j aD | 1550 | Geer Vd event. On actrunk Service Renevuak, aMBO. Lacome. adi ' 21450 2S (eo | ae. (ga) _| 163 BohGENERAL LEDGER Cash Accts, Rec Office Supplies _Prepaid Insurance Péeh: eyn90 | LOO Het) DAIS AAO] S Foo Deed, WEA COO [ee BeeFE) ¢ Yel UGO|GO Nee Ble) Dees 2 3100 | B09 e005) 1S . ee ee aa Re PUD \\100|! J — 7 Beds aig Bo RoE BELO ee ppre dec3l BETAS | way | Truck Accum. Deprec. — Truck Accounts Payable Salaries Payable Deel 7j0Q0] TID Dec Wbjecto O07 [R60 Bed1 ~~ 7700 Dee bie) BRL TOOT “or \Do BAL 0 BAL. 700 BAL Unearned Revenue Capital Withdrawals Income Summary wESISOO]| OG VELZ 5900 MM! $2437 FPD luce, "SUE RI ASD CI) 4 | 19300 BAL, —— eo ew. P3000 Bal ea BS Clogla0° ? 18, 2S. HS, 10° aU Service Revenue Salaries Expense Depreciation Exp.-Truck Insurance Expense tis. 11RD IE, STO] Ae HH HT teloe (Oe | 100 Cle, 14,02 Deead wii NBbe Seale) }__ we, . ‘39D Bi yp CN | BAL [op Bar IcGENERAL LEDGER Fuel Expense Rent Expense Supplies Expense pect 11200 (best (P| DO dose peck? I] ope a Tagg” BAL vem] EOOUg BREUnadjusted Trial Balance Debits [Credits FA HOO Tha00 8 ; ;‘Adjusted Trial Balance Debits [Credits TOO “160 a1 PEDIncome Statement Du Reg. Ravn aren Epen Salaries ExOuae aE 2 fast Upp. 2 7 re Suge al Eyeenses La. 2a Nek Income reWu Bn Qg \iWdaxu, Service, Balance Sheet i oa abies Coan 2AHDO Recaunts Paani Recounts Recoivaldle 2H50| Saranies Para ole 100 Veo UV OAL 500 = 7 ae Lokal Assos \4a500 (Owner's EquityPost-Closing Trial Balance Debits Credits Q4ANO 450 16D 510 17,00 {D0 “100 10