Complete requirements of the Jane’s Skateboards case for the third milestone of the course project. Use the file you completed in milestone two. Below are some of the mistakes found. I have attached t
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Complete requirements of the Jane’s Skateboards case for the third milestone of the course project. Use the file you completed in milestone two. Below are some of the mistakes found. I have attached the template, and the one with it completed, just with some issues.
Beginning Trail balance: 138,500
Adjusting entries: $1,305
Insurance expense $500
Supplies Expense $350
Adjusted Trail Balance: $138,795; Debit and Credit balances.
Financial Statements:
Net Income $1,595 INCORRECT
Total assets equal to Liab Plus Equity =$125,800
Accounts Payable, 25,595
Post closing entries
Debit equals credit $13,200
Dividend on Post closing,. You had $15,000 incorrect.
Post closing Trial balance $125,850 INCORRECT
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