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ACCT 2101 Augusta University Technology Business Solutions Worksheet

ACCT 2101 Augusta University Technology Business Solutions Worksheet.

I’m studying for my Accounting class and need an explanation.

1. Prepare journal entries to record each of the April transactions and events for Technology Business Solutions. Post these entries to the t-accounts.

2. Prepare adjusting entries to reflect a through g. Post these entries to the t-accounts.

3. Prepare an adjusted trial balance as of April 30, 2020.

4. Prepare an income statement for the month ended April 30, 2020.

5. Prepare a statement of retained earnings for the month ended April 30, 2020.

6. Prepare a balance sheet as of April 30, 2020.

7. What would the total Cost of Goods Sold be if you were using the FIFO Costing Method.

Show all calculations to support your answer!

ACCT 2101 Augusta University Technology Business Solutions Worksheet

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