Need accounting help with My Place House of Decor Project

Dec 13th, 2015
Anonymous
Category:
Accounting
Price: $125 USD

Question description

My Place, House of Decor - requires you to complete the accounting cycle for the months of January, February, March, April, and June, and the financial statements for the six months (January 1 to June 30). Attached are the instructions and details of the transactions.

January Analysis
 Adjusted trial balance - $96,000
 Total assets: $79,160

February Analysis:
Adjusted trial balance - $122,600
Total expenses - $32,000

March Analysis
 Net income: $54,608

April Analysis
 Adjusted trial balance: $272,100

May Analysis
 Schedule of Accounts Payable: $74,200
Retained earnings: $145,704

June Analysis
 Adjusted trial balance: $837,707


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