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ACCT500 Accounting Module FINAL
This is the final assessment for the Accounting module. It contains three parts (Parts 1, 2, and 3). Please follow the instructions carefully.
Requirements
Part 1:
1.	Prepare the journal entries for each set of transaction data below.
2.	Post the transactions in the ledger.
3.	Extract the unadjusted trial balance as of January 31 of this current year.
Part 2:
For this section, prepare the following adjusted journal entries.
1.	Record depreciation of $1,000 for equipment.
2.	Accrue unpaid wages o...
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- • 7 pages •
This is the final assessment for the Accounting module. It contains three parts (Parts 1, 2, and 3). Please follow the instructions carefully.
Requirements
Part 1:
1.	Prepare the journal entries for each set of transaction data below.
2.	Post the transactions in the ledger.
3.	Extract the unadjusted trial balance as of January 31 of this current year.
Part 2:
For this section, prepare the following adjusted journal entries.
1.	Record depreciation of $1,000 for equipment.
2.	Accrue unpaid wages o...
ACCT500 Accounting Module FINAL