You've just secured a new client in your accounting practive, The Rawls Repair Corporation, (RRC) a brand new small business specializing in bicycle repair. The owner Rob Rawls is terrific cyclist and brake repair specialist, but not an accountant. Your jub is to help Rob put his affiars in order. Rob has only been in operation for a month and things have not gotten too out of hand yet. Rob has to submit his financial statements to his investors and doen't know where to begin. It's your job to go through the complete Accounting cycle to prepare the financial statements for the RRC.
Requirement Task Description Use this worksheet Journal entry
1. Prepare the Jorunal Entries in the General Journal Journal Entry
2. Post Journal Entries to General Ledger
3. Prepare a Trial Balance