Using the excel spreadsheet also attached to this Canvas page, complete the accounting cycle. Answer all the guestions in this problem.
The trial balance columns of the worksheet for Martinez at March 31, 2019, are as follows Martinez Worksheet For the Month Ended March 31,2019 Trial Balance Account Titles Dr. Cr. Cash 4,800 Accounts Receivable 3,700 Supplies 1,810 Equipment 11,000 Accumulated Depreciation-Equipment 1,250.0 Accounts Payable 2,140 Unearned Service Revenue 430 Common Stock 10,140 Retained Earnings 3,680 Dividends 1,170 Service Revenue 6,800 Salaries and Wages Expense 1,500 Miscellaneous Expense 460 24,440 24,440
Other data: 1 A physical count reveals only $500 of roofing supplies on hand. 2 Depreciation for March is $250.
3 Unearned service revenue amounted to $230 at March 31.
Accrued salaries are $700
Requirements: 1. Journalize the adjusting entries from the adjustments columns of the worksheet 2.Enter the trial balance on a worksheet and complete the worksheet 3. Journalize the closing entries from the financial statement columns of the worksheet. 4. Prepare an income statement for the month of March 5. Prepare a retained earnings statement for the month of March 6. Prepare a classified balance sheet at March 31.