Chapter 2, Problem 2.14E

Prepare a worksheet as of December 31, 2020

Prepare a Trial Balance as of June 30, 2021.

Prepare journal entries for the month of July 2020.

Prepare the journal entries, with appropriate journal entry descriptions, for 2020, including any required year-end adjusting entries.The company prepares annual adjusting entries.

c) Prepare the closing entries as at 31 December 2020.

(The given is in the photos.) Required: 2. PREPARE A DRAFT OF THE NECESSARY CLOSING ENTRIES OF SM-X FOR DEC 31 2020

How I have to do the entry for June 30 2021

Prepare a general ledger for the month of July 2020.

Prepare the journal entries for the settlement of the contracts on April 1, 2021