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ACCT 220 ACCT/220 ACCT220 Week 7 Homework (UMUC)

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ACCT 220 ACCT/220 ACCT220 Week 7 Homework (UMUC)

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.

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