Accounting100 - Study guides, Class notes & Summaries

This assignment is perfect for students who want to gain a better understanding of the accrual basis of accounting and how to properly adjust and journalize entries.

In this assignment, you'll be given a trial balance and a series of adjustments, and you'll need to prepare the company's financial statements: the income statement, the statement of retained earnings, and the balance sheet. This assignment is perfect for students who want to gain a better understanding of how to prepare financial statements and how to adjust accounts for accruals and prepayments.