PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE. PROBLEM: APRIL 1- PAID THE MONTHLY RENT 6,000 APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750 APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED APRIL 10 - PAID PLDT TELEPHONE BILL 1,050 APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS APRIL 14 - PAID SALARY OF SECRETARY 4,500 APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650 APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES ADJUSTING ENTRIES APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000 APRIL 30 - PAID CREDITORS 5,000 APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED
PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE. PROBLEM: APRIL 1- PAID THE MONTHLY RENT 6,000 APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750 APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED APRIL 10 - PAID PLDT TELEPHONE BILL 1,050 APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS APRIL 14 - PAID SALARY OF SECRETARY 4,500 APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650 APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES ADJUSTING ENTRIES APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000 APRIL 30 - PAID CREDITORS 5,000 APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter21: Accounting For Accruals, Deferrals, And Reversing Entries
Section21.1: Accruals
Problem 1OYO
Related questions
Question
![PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL
POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE.
PROBLEM:
APRIL 1- PAID THE MONTHLY RENT 6,000
APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED
APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750
APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED
APRIL 10 - PAID PLDT TELEPHONE BILL 1,050
APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS
APRIL 14 - PAID SALARY OF SECRETARY 4,500
APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY
APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED
APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH
APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650
APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES
ADJUSTING ENTRIES
APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000
APRIL 30 - PAID CREDITORS 5,000
APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F347f6427-236c-4d45-a8b4-89cc13278346%2F595cd62d-ab65-460a-948f-360b0c1d2a7f%2F4jzn31w_processed.png&w=3840&q=75)
Transcribed Image Text:PLEASE PUT THE FOLLOWING STEPS IN THE ACCOUNTING CYCLE IN ORDER: GENERAL JOURNAL/GENERAL LEDGER/ 10 COLUMN WORKSHEET/STATEMENT OF PERFORMANCE/STATEMENT OF EQUITY/STATEMENT OF FINANCIAL
POSITION/STATEMENT OF CASH FLOW/JOURNAL CLOSING ENTRIES AND POST CLOSING TRIAL BALANCE.
PROBLEM:
APRIL 1- PAID THE MONTHLY RENT 6,000
APRIL 3 - COLLECTED FROM J. MONTEFALCO OF 7,500 FOR SERVICES PRECVIOUS BILLED
APRIL 5 - PAID WATER AND ELECTRIC BILL 1,750
APRIL 8 - BILLED ERIN TY 8, 500 FOR SERVICES RENDERRED
APRIL 10 - PAID PLDT TELEPHONE BILL 1,050
APRIL 12 - R. VILLONDO PUT HER PERSONAL CAR WOTH 150,000 INTO THE BUSINESS
APRIL 14 - PAID SALARY OF SECRETARY 4,500
APRIL 17 - RECEIVED A CHECK OF 8,500 FROM ERIN TY
APRIL 19 - BILLED M. SEVILLA 15,000 FOR SERVICES RENDERRED
APRIL 23 - PAID HIDALGO COMPANY 9,000 FOR ACCOUNT OF THE PREVIOUS MONTH
APRIL 28 - PAID MISCELLANEOUS BILLS WORTH 650
APRIL 30 - WITHDREW 6,000 FROM THE BUSINESS FOR LIVING EXPENSES
ADJUSTING ENTRIES
APRIL 30 - RECEIVED CASH FROM BILLED CLIENTS 15,000
APRIL 30 - PAID CREDITORS 5,000
APRIL 30 - BILLED Z. LEVISTE 6,500 FOR SERVICES RENDERRED
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