ACCT 220 Week 2 Homework Problems

ACCT 220 Week 2 Homework Problems

Author: briggs holly

ACCT 220 Week 2 Homework Problems


ACCT 220 Week 2 Homework Problems

Review the unadjusted trial balance below and prepare adjusting journal entries to record the various described items

below.  Record in the space provided at the bottom of this spreadsheet.  After completing journal entries, complete the

adjusted trial balance below.  Lastly complete the income statement, balance sheet and statement of retained earnings.

The balance sheet must balance.  The accounting equation is Assets = Liabilities + Equity.

See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

26 Sophia partners guarantee credit transfer.

226 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 21 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.