1.use the balance column format to set up each ledger account listed in is chart of accounts.
2.Prepare journal entries to record the transactions for July and post them to the ledger accounts. Rec prepaid and unearned items in statement of financial position accounts.
3.Prepare an unadjusted trial balance as at July 31.
4.Use the following information to journalize and post adjusting entries for the month
5.prepare the income statement and the statement of changes in equity for the month of July and the statement of financial position at July 31,2015.
6.Prepare journal entries to close the temporary accounts and post these entries to the ledger.
7.Prepare a post-closing trial balance.