I need an accounting analysis on my House of Decor project
My Place, House of Decor – requires you to complete the accounting cycle for the months of January, February, March, April, and June, and the financial statements for the six months (January 1 to June 30). Attached are the instructions and details of the transactions.
January Analysis
Adjusted trial balance – $96,000
Total assets: $79,160
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February Analysis:
Adjusted trial balance – $122,600
Total expenses – $32,000
March Analysis
Net income: $54,608
April Analysis
Adjusted trial balance: $272,100
May Analysis
Schedule of Accounts Payable: $74,200
Retained earnings: $145,704
June Analysis
Adjusted trial balance: $837,707
