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first, then March Record February and March transactions in the General Journal and post to the General Ledger

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first, then March Record February and March transactions in the General Journal and post to the General Ledger. Record adjusting entries for February and March in the General Journal and post to the General Ledger Prepare the adjusted trial balance as of February 28 and March 31. Prepare the following February and March financial statements: o a) Income Statement for month ended February 28 and March 31 o b) Statement of Stockholders Equity for month ended February 28 and March 31 c) Balance Sheet as of February 28 and March 31 od) Statement of Cash Flows for month ended February 28 and March 31 Record February and March closing transactions in the General Journal and post to the General Ledger. Prepare a post-closing trial balance as of February 28 and March 31. csignment
February Transactions 1-Feb Paid six months of rent in advance, $5,400. 4-Feb Paid wages and salaries for $2,150, part of which was accrued in January. 7-Feb Purchased supplies on account, $920 11-Feb Performed car repair services on account, $3,670. 17-Feb Collected cash from credit sales made in January and February, $4,300. 20-Feb Made a monthly payment on the equipment note, $70. 23-Feb Performed car repair services and received cash at the time of sale, $5,850. 25-Feb Accrued for the bonus earned by the shop manager that will be paid in April, $1,150. February Adjusting Entries 28-Feb The estimated depreciation on building and equipment is $810. 28-Feb One month of rent has expired, $900. 28-Feb The annual interest rate is 5% on all notes and paid quarterly. Round to the nearest dollar. 28-Feb The supplies remaining at the end of the month was $700. 28-Feb Accrued wages and salaries worked in February that will be paid 3-5, $2,000. 28-Feb The estimated income taxes for the month is $855. March Transactions 1-Mar Performed car repair services and received cash at the time of sale, $5,000. 4-Mar Paid wages and salaries for $2,300, part of which was accrued in February. 10-Mar Issued stock to new investors, $14,000. 15-Mar Made the interest payment on all notes, all is accrued in interest payable. 15-Mar Paid annual income taxes that was accrued in income taxes payable. 20-Mar Made a monthly payment on the equipment note, $70. 22-Mar Paid cash for advertising, $255. 27-Mar Performed car repair services on account, $4,600. 30-Mar Paid dividends to owners, $400. March Adjusting Entries 31-Mar The estimated depreciation on building and equipment is $810. 31-Mar One month of rent has expired, $900. 31-Mar The annual interest rate is 5% on all notes and paid quarterly. Round to the nearest dollar 31-Mar Accrued wages and salaries worked in March that will be paid 4-4, $2,020. 31-Mar The estimated income taxes for the month is $765.
Post - Closing Trial Balance January 31, 2xx2 Accounts Cash. Accounts Receivable Supplies Building Squipment Accumulated Deprecatán Accounts Payable Salaries and wayas Payabse Income Tax Payable Interest Payable Notes Payable Common Stock Retained Easing Total $ 4,650 $3,790 4 550 $76,000 $123,500 $39,350 $ 5465 $ 1,600 $ The 7790 $ 133 $33,550 $91,200 1829,402 $208,490 $ 208, 490