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Complete requirements of the Jane's Skateboards case for the third milestone of the course project
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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