1)Prepare journal entries for each transaction

2)Prepare Trial Balance

3)Prepare Balance Sheet

4)Record closing entry for dividends.

Thanks for the help!

American Laser, Inc., reported the following account balances on January 1 Accounts Receivable Accumulated Depreciation Additional Paid-in Capital Allowance for Doubtful Accounts Bonds Pay able Buildings Cash Common Stock, 10,000 shares of $1 par Notes Payable (long-term) Retained Earnings Treasury Stock $ 5,000 30,000 90,000 2,000 247,000 10,000 10,000 10,000 120,000 The company entered into the following transactions during the year. Jan. 15 Issued 5,000 shares of $1 par common stock for $50,000 cash. Feb. 15 Reacquired 3,000 shares of $1 par common stock into treasury for $33,000 cash. Mar. 15 Reissued 2,000 shares of treasury stock for $24,000 cash. Aug. 15 Reissued 600 shares of treasury stock for $4,600 cash Sept. 15 Declared (but did not yet pay) a $1 cash dividend on each outstanding share of common stock Oct. Issued 100, 10-year, $1,000 bonds, at a quoted bond price of 101 Oct. 3 Wrote off a $500 balance due from a customer who went bankrupt General Journal Trial Balance Balance Sheet Requirement General Ledger General Journal tab Prepare the journal entries to record each transaction. Review the accounts as shown in the General Ledger and Trial Balance tabs General Ledger tab Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted adjusted, or post-closing balances in the General Ledger Trial Balance tab - You may view either the unadjusted, adjusted, or post-closing trial balance by choosing from the drop-down Balance Sheet tab Prepare the noncurrent liabilities and stockholders' equity sections of the balance sheet at December 31. At the end of the year, the adjusted net income was $20,000 General Journal tab - After preparing the financial statements, record the closing entry for Dividends