Can someone explain the following: journal entries, trial balance, income statement, retained earnings, and the balance sheet?

below. 2019 transactions have been recorded except for the items described following the trial balance. Credit Debit $26,000 36,500 8.900 -0- 36,200 3,780 21.800 132,000 55,000 10,300 $400 44.000 22,000 27.100 -0- Cash Accounts Receivable Notes Receivable Interest Receivable Inventory Prepaid Insurance Land Buildings Equipment Patents Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Notes Payable (due in 2020) Interest Payable Notes Payable (due after 2020) Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Rent Revenue Gain on Disposal of Plant Assets Bad Debts Expense Cost of Goods Sold Depreciation Expense Insurance Expense Interest Expense 3.300 13.000 -0- 36000 46,500 57.580 15.000 903.000 -- 640.000 -O -D- -- g 7:35 AM 5/28/2020 Di to search TO Cost of Goods Sold Depreciation Expense Insurance Expense Interest Expense Other Operating Expenses Amortization Expense Salaries and Wages Expense Total 640.000 -0- -0- -0- 61,400 -0- 106,000 $1.152,880 $1.152.880 Unrecorded transactions: 1. On May 1, 2019, Blue Spruce purchased equipment for $17.800 plus sales taxes of $1.400 (all paid in cash). 2. On July 1, 2019, Blue Spruce sold for $3.600 equipment which originally cost $5,100. Accumulated depreciation on this equipment at January 1, 2019, was $2,000:2019 depreciation prior to the sale of the equipment was $450. 3. On December 31, 2019. Blue Spruce sold on account $5,400 of inventory that cost $3,200. 4. Blue Spruce estimates that uncollectible accounts receivable at year end is $4,000. 5. The note receivable is a one-year, 8% note dated April 1, 2019 No interest has been recorded. 6. The balance in prepaid insurance represents payment of a $3.780 6 month premium on September 1, 2019 7. The buildings are being depreciated using the straight-line method over 30 years. The salvage value is $30,000. 8. The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value is 10% of cost. 9. The equipment purchased on May 1, 2019. is being depreciated using the straight line method over 5 years, with a salvage value of $2,100 10. The patent was acquired on January 1, 2019, and has a useful life of 10 years from that date. 11 Unpaid salaries and wages at December 31, 2019. total $2.2003 12. The unearned rent revenue of $3.300 was received on December 1, 2019. for 3 months rent 13. Both the short-term and long term notes payable are dated January 1 2019. and carry a 99 interest rate All interest is payable in the next 12 months Prepare journal entries for the transactions listed above. (Gredit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the Account titles and enter for the amounts) Debit Credit No. Account Titles and Explanation 1 7:35 AM 5/28/2020 E O Type here to search 142 No. Account Titles and Explanation 1 2. (To record depreciation expense.) (To record sale of equipment.) 3. (To record sales revenue.) (To record cost of goods sold.) 4 5. 6. Si Type here to search to all is - ? ( * & # $ % 8 9 3 4 7 5 6 U W E R K D S G H F 7. 8 9 10. 11 . 12 13 Prepare an updated December 31, 2019 trial balance Blue Spruce Corp. Trial Balance Debit Credit Si Type here to search hp - & ( * a % # 8 9 3 4 6 5 R T Prepare an updated December 31, 2019, trial balance Blue Spruce Corp. Trial Balance Debit Credit e here to search hp fa f6 - O 10 + # % A & * 2 3 4 5 6 7 8 9 ere to search AD fa D 0/ Zo A & * 7 6 Total Prepare a 2019 income statement. Blue Spruce Corp. Income Statement e to search fo fs 16 10 Blue Spruce Corp Income Statement G Type here to search mp + 19 i $ # % & ( 3 4 5 6 7 00 R S G H K $ Prepare a 2019 a retained earnings statement (list items that increase retained earnings first) Blue Spruce Corp. Retained Earnings Statement pe here to search Bi AD 144 110 IO - ( # A $ % & 3 4 5 6 9 7 8 E R T Y S F G . Prepare a 2019 a retained earnings statement. (List items that increase retained earnings first) Blue Spruce Corp. Retained Earnings Statement $ V $ Prepare a December 31, 2019. classified balance sheet. (List Current Assets in order of liquidity. List Property, Plant and Equipment in the Blue Spruce Corp. Balance Sheet Assets here to search Balance Sheet Assets $ 737 AM BA 5/28/2020 i re to search Liabilities and Stockholders' Equity $ 7:37 AM 5/28/202 E here to search