Principles of Accounting
Principles of Accounting
12th Edition
ISBN: 9781133626985
Author: Belverd E. Needles, Marian Powers, Susan V. Crosson
Publisher: Cengage Learning
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Chapter 2, Problem 10AP

1, 2 and 4

To determine

Prepare the ledger accounts and enter the account balance from the trial balance and post the journal entries to the appropriate ledger accounts.

3

To determine

Prepare the general journal.

5.

To determine

Prepare the trail balance for February 28, 2014.

6.

To determine

Calculate the total revenues and the cash received from revenues and explain the business issues that arise from the differences. 

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