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Acct212 Financial Accounting
Project #1 – The Complete Accounting Cycle
Rawls Repair Corporation
Requirements Sheet in Workbook
Part A – Due in Week 3 – Requirement 1, 2 and 3
Requirement 1 – Prepare the Journal Entries in the General Journal Jounral Entries
Requirement 2 – Post Journal Entries to the General Ledger General Ledger
Requirement 3 – Prepare a Trial Balance Trial Balance
REQUIREMENT #1: During its first month of operation, the Rawls Repair Corporation, which specializes in bicycle repairs, completed the following transactions:
REQUIREMENT #2: Post the October journal entries to the following T-Accounts and compute ending balances.
REQUIREMENT #3: Prepare a trial balance for October in the space below.