Can you help me finish this project by 10 pm? I need the remainder of the sections completed. I started them and continue to get frustrated as the numbers do not jive. See attached. It begins at step 8 income statement...

\fAsset Accounts Liability Accounts Acct # Cash Baking Supplies Prepaid Rent Prepaid Insurance Baking Equipment Misc. Supplies Accounts Receivable Accumulated Depreciation Equity Accounts Acct # 101 Notes Payable 102 Accounts Payable 103 Wages Payable 104 Interest Payable 105 106 107 108 Acct # 201 Common Stock 202 Dividends 203 204 301 302 Revenue Accounts Acct # Bakery Sales Merchandise Sales This chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you. 401 402 Expense Accounts Acct # Baking Supplies Expense Rent Expense Insurance Expense Misc. Expense Business License Expense Advertising Expense Wages Expense Telephone Expense Interest Expense Depreciation Expense Misc. Supplies Expense 501 502 503 504 505 506 507 508 509 510 511 Peyton Approved General Journal Entries Jul-14 Date Accounts 1-Jul Cash Common Stock Contributed cash for common stock 1-Jul Baking Supplies Accounts Payable Baking supplies 3-Jul Cash Notes Payable Interest expense 7-Jul Rent expense Prepaid Rent Cash 7-Jul Rent expense Cash Monthly Rent 10-Jul Business License Cash Paid for business license with cash 11-Jul Misc. Expense Cash Misc. Expense 13-Jul Baking Eq. for Common Stock Common Stock Misc. equip 13-Jul Advertising Expense Cash Advertising Supplies 14-Jul Misc Supplies Cash Bought misc. supplies with cash 30-Jul Utilities Expense Utilities Payable Accrued utility liability 31-Jul Prepaid Insurance Cash Prepaid Insurance 31-Jul Wage expense Wages payable Accrual for expense first 31-Jul Accounts Receivable Bakery Sales Debit 15,000.00 Credit 15,000.00 8,500.00 8,500.00 10,000.00 10,000.00 1,500.00 1,500.00 1,500.00 1,500.00 375.00 375.00 250.00 250.00 5,000.00 5,000.00 200.00 200.00 300.00 300.00 45.00 45.00 1,200.00 1,200.00 120.00 120.00 5,000.00 5,000.00 Peyton Approved General Journal Entries Aug-14 Date Accounts 5-Aug Wages Payable Cash Paid Wages 8-Aug Cash Receivables Received cash on account 10-Aug Accounts Payable Cash Paid phone bill for July 15-Aug Baking Supply Accounts Payable Bought baking supplies on account 15-Aug Wages Expense Wages Payable accrued wages expense 15-Aug Rent Cash Paid Rent on Bakery Expense 18-Aug Cash Accounts Receivables Received cash on account 20-Aug Accounts Payable Cash Paid baking supplies vendor 20-Aug Wages Payable Cash Paid Wages 22-Aug Misc. Supplies Cash Bought misc. supplies 31-Aug Telephone Expense Accounts Payable Accrued utility liability 31-Aug Wages Expense Wages Payable Accrued wages expense Debit 120.00 31-Aug Cash Bakery Sales Accounts Receivable Bakery Sales Credit 12,500.00 120.00 3,200.00 3,200.00 45.00 45.00 5,000.00 5,000.00 480.00 480.00 1,500.00 1,500.00 1,000.00 1,000.00 8,500.00 8,500.00 480.00 480.00 300.00 300.00 45.00 45.00 420.00 420.00 12,500.00 7,500.00 7,500.00 Peyton Approved General Journal Entries Sep-14 Date Accounts 1-Sep Dividends Cash Paid Dividends 5-Sep Wages Payable Cash Paid Wages 7-Sep Merchandise Inventory Cash Purchased merchandise 8-Sep Cash Accounts Receivable Payment from customer 10-Sep Telephone Expense Cash Pay August phone bill 11-Sep Baking Supplies Accounts Payable Purchase baking supplies on account 13-Sep Accounts Payable Cash Paid on Supplies 15-Sep Wages Expense wages Payable Accrue Wages expense 15-Sep Rent Expense Cash Paid Rent August 15-Sep Cash Merchandise Sales Revenue Record Sales Inventory 15-Sep Costs of Goods Sold Merchandise Inventory Recorded the cost of goods sold 20-Sep Wages Expense Cash Paid Wages 20-Sep Merchandise Inventory Cash Record Merchandise Inventory 24-Sep Cash Merchandise Sales Revenue Record Sales Inventory 24-Sep Cost of Goods Sold Merchandise Inventory Recorded the Cost of Goods Sold 30-Sep Merchandise Inventory Cash Purchase merchandise inventory 30-Sep Wages Expense Wages payable Accrue wages expense 30-Sep Cash Bakery Sales 30-Sep Acccounts Receivable 30-Sep Bakery Sales Debit 3,000.00 Credit 3,000.00 420.00 420.00 60.00 60.00 4,000.00 4,000.00 45.00 45.00 7,000.00 7,000.00 5,000.00 5,000.00 456.00 456.00 1,500.00 1,500.00 68.00 68.00 48.00 48.00 456.00 456.00 122.00 122.00 153.00 153.00 109.60 109.60 151.25 151.25 480.00 480.00 19,000.00 19,000.00 6,000.00 6,000.00 FIFO Date 7-Sep Purchases 10 $ 6.00 $ Sales 60.00 15-Sep 20-Sep 8 $ 20 $ 6.10 $ 6.00 $ 6.10 $ $ 12.00 97.60 109.60 12.00 6.00 $ 6.10 $ $ 12.00 122.00 134.00 4 $ 6.10 $ 24.40 4 $ 25 $ 29 29 6.10 $ 6.05 $ $ $ 24.40 151.25 175.65 175.65 LIFO 7-Sep Purchases 10 $ 6.00 $ 333.25 6.10 $ 157.60 Ending Inventory 10 $ 6.00 $ 60.00 60.00 8 $ 20 $ $ Sales 15-Sep 20-Sep 26 6.00 $ 48.00 122.00 24-Sep 2 $ 2 $ 20 $ 22 18 $ 6.10 $ 109.80 2 $ 2 $ 4 6.00 $ 6.00 $ 6.10 $ $ 6.00 $ 6.10 $ $ 15-Sep Cash (8 x $8.50) Merchandise Sales Revenue Record sale of inventory 68.00 15-Sep Cost of Goods Sold (8 X $6) Merchandise Inventory Recorded the cost of goods sold 48.00 68.00 48.00 20-Sep Merchandise Inventory (20 x $6.10 ) Cash 122.00 24-Sep Cash (18 x 8.50) Merchandise Sales Revenue Record sale of inventory 153.00 109.60 151.25 7-Sep Merchandise Inventory (10 x $6) Cash Purchased inventory 60.00 122.00 153.00 109.60 151.25 60.00 12.00 12.00 122.00 134.00 12.00 12.20 24.20 15-Sep Cash (8 x $8.50) Merchandise Sales Revenue Record sale of inventory 68.00 15-Sep Cost of Goods Sold (8 X $6) Merchandise Inventory Record inventory reduction due to sale 48.00 68.00 48.00 55 weighted average 7-Sep 6.05 $ $ Purchases 10 $ 6.00 $ 151.25 333.25 6.10 $ 25 $ 55 6.05 $ $ 6.00 $ 48.00 6.09 $ 109.62 151.25 333.25 2 $ 2 $ 20 $ 22 18 $ 26 6.00 $ 6.10 $ 6.05 $ $ $ 12.00 12.20 151.25 175.45 175.45 Ending Inventory 10 $ 6.00 $60 122.00 24-Sep 30-Sep 157.80 60.00 8 $ 20 $ $ Sales 15-Sep 20-Sep 26 2 $ 2 $ 25 $ 29 29 157.62 4 4 25 $ 29 6.00 $ 6.00 $ 6.10 $ $ $ $ 6.05 $ $ 122.00 24-Sep Cash (18 x 8.50) Merchandise Sales Revenue Record sale of inventory 153.00 109.80 30-Sep Merchandise Inventory (25 x $6.05) Cash 25 $ 20-Sep Merchandise Inventory (20 x $6.10) Cash 24-Sep Cost of Goods Sold (18 x $6.10) Merchandise Inventory Record inventory reduction due to sale 30-Sep Cr 60.00 30-Sep Merchandise Inventory (25 x $6.05) Cash $ 151.25 6.00 $ 7-Sep Merchandise Inventory (10 x $6) Cash Purchased inventory Dr 60.00 24-Sep Cost of Goods Sold (2 x $6)+(16 x $6.10) Merchandise Inventory Recorded the cost of goods sold 55 6.05 $ 48.00 2 $ 2 $ 20 $ 22 2 $ 16 $ 25 $ 6.00 $ 122.00 24-Sep 30-Sep Ending Inventory 10 $ 6.00 $ 60.00 151.25 7-Sep Merchandise Inventory (10 x $6) Cash Purchased inventory 60.00 122.00 153.00 109.80 151.25 60.00 12.00 12.00 122.00 per unit 134.00 $6.09 24.38 151.25 151.25 $5.22 15-Sep Cash (8 x $8.50) Merchandise Sales Revenue Record sale of inventory 68.00 15-Sep Cost of Goods Sold (8 X $6) Merchandise Inventory Record inventory reduction due to sale 48.00 68.00 48.00 20-Sep Merchandise Inventory (20 x $6.10) Cash 122.00 24-Sep Cash (18 x 8.50) Merchandise Sales Revenue Record sale of inventory 153.00 122.00 153.00 Purchases 9/7: 10 bottles purchased at $6 9/20: 20 bottles purchased at $6.10 9/30: 25 bottles purchased at $6.05 Sales - selling price, $8.50 a bottle 9/15: 8 bottles 9/24: 18 bottles 24-Sep Cost of Goods Sold (18 x $6.09) Merchandise Inventory Record inventory reduction due to sale 109.62 30-Sep Merchandise Inventory (25 x $6.05) Cash 151.25 109.62 151.25 date 1-Jul 3-Jul 31-Jul 8-Aug 18-Aug 31-Aug 8-Sep 15-Sep 24-Sep 30-Sep Cash 15,000.00 10,000.00 10,000.00 3,200.00 1,000.00 12,500.00 4,000.00 68.00 153.00 19,000.00 3,000.00 375.00 250.00 200.00 300.00 1,200.00 45.00 1,500.00 8,500.00 480.00 300.00 3,000.00 420.00 60.00 45.00 7,000.00 5,000.00 1,500.00 456.00 122.00 151.25 date 7-Jul 10-Jul 11-Jul 13-Jul 7-Jul 31-Jul 10-Aug 15-Aug 20-Aug 20-Aug 22-Aug 1-Sep 5-Sep 7-Sep 10-Sep 11-Sep 13-Sep 15-Sep 20-Sep 20-Sep 30-Sep date Notes Payable 10,000 date 3-Jul Business License exp 10-Jul 375 10,000 31-Jul 31-Aug 30-Sep Accounts Rec. 5000 3200 7500 1000 6000 4000 375 8-Aug 18-Aug 8-Sep 31-Jul Common Stock 15,000 5,000 1-Jul 13-Jul 20,000 Insurance expense 1200 COMPLETION OF STEPS 1- 4 DELIVERABLE: CONGRATULATIONS! YOU ARE NOW READY TO SUBMIT YOUR 10,300.00 10,300.00 WORKBOOK TO COMPLETE THE 3-3 CHECKPOINT REQUIREMENT 1200 74,921.00 41,016.75 41,016.75 11-Jul 33,904.25 Misc. expense 250 13-Jul Baking equipment 5,000 Advertising expense 13-Jul 200 200 5,000 250 1-Jul 15-Aug 11-Sep Baking supplies 8,500 3900 5000 7000 16,600 14-Jul 22-Aug Misc. supplies 300 550 300 15-Aug 15-Sep 7-Jul Rent expense 1,500 1500 1500 50 4,500 Prepaid rent Prepaid insurance Bakery Sales 7-Jul 1,500 1,200 200 15,000 20,000 25,000 31-Jul 31-Aug 30-Sep 1,000 60,000 1,500 10-Aug 18-Aug 10-Sep 13-Sep Accounts payable 8500 45 45 5,000 8,500 45 45 5,000 13,545 30-Jul 31-Aug 1-Jul 30-Jul 15-Aug Salary and wages expense 31-Jul 120 15-Aug 480 31-Aug 420 15-Sep 456 30-Sep 480 Salaries and wages payable 120 5-Aug 120 480 20-Aug 480 420 5-Sep 420 15-Sep 456 456 480 31-Aug 11-Sep 31-Jul 15-Aug 31-Aug 15-Sep 30-Sep 13,545 - Telephone expense 45 45 1,836 1-Sep 1,476 Dividends 3,000 1,956 480 depreciation expense 250 acc dep 250 90 3,000 adj baking supplies expense 3,900 adj 3,900 misc supplies expense 550 250 Interest expense 150 adj 15-Sep 24-Sep COGS LIF0 48.00 109.80 15-Sep 24-Sep 250 Interest payable 150 adj 150 COGS FIFO 48.00 109.60 150 550 Merchandise Sales Revenue 68.00 153.00 157.80 157.60 15-Sep 24-Sep 221.00 COGS Weighted Avg. 7-Sep 20-Sep 30-Sep - Merch. Inv. FIFO 60.00 48.00 122.00 109.60 151.25 175.65 Merch. Inv. LIFO Merch. Inv. Avg. 15-Sep 24-Sep - - Account Cash Baking Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Baking Equipment Misc. Supplies Accounts Receivable Notes Payable Accounts Payable Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies Expense Rent Expense Insurance Expense Misc. Expense Business License Expense Advertising Expense Wages Expense Telephone Expense COGS Depreciation Expense Accumulated Depreciation Misc Supplies Expense* Interest Expense* Interest Payable* Peyton Approved Trial Balance 2014 Unadjusted trial balance Debit Credit 41,016.75 20,500.00 175.45 1,500.00 1,200.00 Adjusting entries Debit Credit 3,900.00 200.00 5,000.00 600.00 10,300.00 550.00 Adjusted trial balance Debit Credit 41,016.75 16,600.00 175.45 1,500.00 1,000.00 5,000.00 50.00 10,300.00 10,000.00 480.00 20,000.00 10,000.00 480.00 20,000.00 3,000.00 3,000.00 60,000.00 221.00 60,000.00 221.00 3,900.00 200.00 250.00 4,500.00 - 3,900.00 4,500.00 200.00 250.00 375.00 200.00 1,836.00 90.00 157.80 250.00 250.00 375.00 200.00 1,836.00 90.00 157.80 250.00 150.00 5,050.00 WORKBOOK TO COMPLETE THE 4-3 CHECKPOINT REQUIREMENT 150.00 550.00 90,701.00 CONGRATULATIONS! YOU ARE NOW READY TO SUBMIT YOUR 250.00 150.00 90,701.00 COMPLETION OF STEPS 5-7 DELIVERABLE: 150.00 550.00 5,050.00 *These accounts will not be utilized before the adjusting process. They should have zero balance in the unadjusted trial balance. 91,101.00 91,101.00 Peyton Approved Adjusting Journal Entries 2014 Date Accounts 30-Sep Depreciation Expense accumulated depreciation 30-Sep Interest Expense interest payable 30-Sep Insurance expense Prepaid Insurance 30-Sep Bakery Supplies Expense Bakery Supplies 30-Sep Misc. Supplies Expense Debit 208.33 Credit 208.33 55.23 55.23 1,000.00 1,000.00 16,600.00 16,600.00 50.00 50.00 Peyton Approved Income Statement For Qtr. Ending 9/30/2014 Revenues Merchandise Sales Bakery Sales $ 221.00 60,000.00 Total Revenues Expenses Cost of Goods Sold Depreciaton Expense Wage Expense Rent Expense Interest Expense Supplies Expense Utilities Expense Insurance Expense Misc. Expense Misc. Supplies Expense Total Expenses Net Income $60,221 $157.80 250.00 1,836.00 4,500.00 150.00 3,900.00 90.00 200.00 250.00 150.00 $11,483.80 48737.2 Peyton Approved Statement of Retained Earnings For Qtr. Ending 9/30/2014 Net Income Dividends 48737.2 3000 Closing Retained Earnings 45737.2 Peyton Approved Balance Sheet As of September 30, 2014 Assets Cash Accounts Receivable Inventories Equipment Other Assets 41016.75 10300 50 16600 Liabilities and Owners' Equity Accounts Payable Loans Payable 10000 Total Liabilities 10000 Stockholder's Equity Captial Stock 20000 Total Assets Retained Earnings Peyton Approved Closing Entries 9/30/2014 Date Accounts Debit Credit Peyton Approved Post Closing Trial Balance 9/30/2014 Account Unadjusted Trial Balance Debit Credit Peyton Approved Reversing Entries 9/30/2014 Date Accounts Debit Credit COMPLETION OF STEPS 8-11 DELIVERABLE: CONGRATULATIONS! YOU ARE NOW READY TO SUBMIT YOUR COMPLETED WORKBOOK (STEPS 1 - 11)TO COMPLETE THE 6-2 CHECKPOINT REQUIREMENT