$1$

$.$

Reconstruct the journal entry for cash receipts from customers, incorporating the change in the related balance sheet account

$($

s

$)$

$,$

$$if any.

$2$

$.$

Reconstruct the journal entry for cash payments for inventory, incorporating the change in the related balance sheet account

$($

s

$)$

$,$

$$if any. Notes were not issued for the purchase of inventory.

$3$

$.$

Reconstruct the journal entry for depreciation expense, incorporating the change in the related balance sheet account

$($

s

$)$

$,$

$$if any.

$4$

$.$

$$Reconstruct the journal entry for cash paid for operating expenses, incorporating the change in the related balance sheet account

$($

s

$)$

$,$

$$if any.

$6$

$.$

$$Reconstruct the journal entry for income taxes expense, incorporating the change in the related balance sheet account

$($

s

$)$

$,$

$$if any.

$12$

$.$

$$ Close the revenue account

$($

s

$)$

$$to income summary.

$13$

$.$

$$ Close the expense and loss accounts to income summary.

$14$

$.$

$$Close Income Summary to Retained Earnings.