Homework 2 - ACCT 2001 Spring 2009 Homework #2 (worth 15...

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ACCT 2001 Spring 2009 Homework #2 (worth 15 points) In homework #1, you maintained the records for Landry Accounting Services through the unadjusted trial balance at December 31, 2008. The correct unadjusted trial balance for the company as of December 31, 2008 follows on the next page. Instructions: 1. Open ledger accounts (using the t-accounts provided) with the unadjusted account balances from the unadjusted trial balance. 2. Prepare the necessary adjusting entries in the journal provided and post to the ledger (t-accounts). All necessary adjusting entries are listed at the bottom of the next page. Post these entries to the accounts in the ledger. HINTS: You will need to refer back to the transactions from homework #1 to obtain some necessary information for the adjusting entries. You will open some new accounts in the adjusting entries that were not used in homework #1. 3. Prepare an adjusted trial balance as of December 31, 2008. 4. Prepare an income statement for the month ended December 31, 2008. 5.
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Homework 2 - ACCT 2001 Spring 2009 Homework #2 (worth 15...

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