[Solved] Liab Plus Equity =

Complete requirements of the Jane’s Skateboards case for the third milestone of the course project. Use the file you completed in milestone two. Below are some of the mistakes found. I have attached the template, and the one with it completed, just with some issues. 

Beginning Trail balance: 138,500 

Adjusting entries: $1,305

Insurance expense $500

Supplies Expense $350

Adjusted Trail Balance: $138,795; Debit and Credit balances.  

Financial Statements:

Net Income $1,595  INCORRECT

Total assets equal to Liab Plus Equity =$125,800 

Accounts Payable, 25,595

Post closing entries

Debit equals credit $13,200

Dividend on Post closing,. You had $15,000  incorrect.

 Post closing  Trial balance  $125,850  INCORRECT