Basswood Furniture Project Balance Sheet

I also have a spreadsheet to show each day where i posted the transactions.

Basswood furniture project balance sheet. Tell us more about what you need help with so we can help you best. I have attached the balance sheet and income statement that i submitted. Basswood is the wood of choice for many wood carvers. They usually prefer air dried slow grown northern stock.

Carvers prefer basswood because it holds detail well doesn t split has straight grain and carves easily. Make sure the total of the debits for the beginning balances in the g l accounts matches the total of the debits on the trial balance and that the total of the credits matches the total of the credits on the trial balance. Everything you need to complete the project is included in this basswood furniture project package. This is a g l trial balance after you make and post the closing entries compare the balances on the trial balance with the figures in the balance.

First you ll need to set up the initial books of accounting. Basswood also can become drawer stock hidden furniture parts and painted items. This is a g l trial balance after you make and post the closing entries compare the balances on the trial balance with the figures in the balance sheet column of the worksheet. Next you ll record all the indicated transactions into the appropriate journals and post them accordingly.

Bqlzr 300x200x1 5mm rectangle unfinished unpainted basswood wooden sheets for craft diy hand made project mini house building architectural model pack of 5 4 3 out of 5 stars 167 14 05 14. Basswood furniture project 60 create a post closing trial balance. Let me ask if you have the basswood furniture project from penn foster. Basswood furniture project 60 create a post closing trial balance.

This light weight wood works very easily with both hand and power tools. It cuts cleanly nails screws and glues well though sanding leaves the surface woolly. In industry it plays a role as boxes and food containers. The basswood furniture bookkeeping project is designed to simulate the transactions that occur in an office environment.

Can be painted stained and finished without difficulty. Basswood furniture exam 390907 balance sheets and income statement. Enter the beginning balances from the g l trial balance in each account. So many of my gl accounts are wrong so i not sure which ones i should go back to look at.

The tutor can help you get an a on your homework or ace your next test. You had previously simulated the closing entries on the worksheet to.