closing entry and adjusting entry please

place a al Enter the balances of each of the accounts in the appropriate balance column of each accounts respective general ledgar account. Write Balance in the item section, and check mark in the Posting Reference column b) Journalize the transactions for May starting on page 20 in the journal Post the journal entries to the proper accounts and columns in the general ledger. This problem does not require to maintain subsidiary ledgers for accounts recelvable or accounts payable. 3 Prepare an unadjusted trial balance At the end of May, the following adjustment data was assembled. Analyze and use the data to complete (5) and (6) a. Merchandise inventory on hand May 31 b. Insurance expired during the year c. Store supplies on hand May 31 d. Depreciation for the current year e. Accrued salaries on May 31 271,000 6,000 1,900 6,700 Sales salaries Office salaries 3,100 f. Customer Returns and Sales Cost of Merchandise Sold 29,000 5 (Optional) Complete a 10-column end-of-year Work Sheet 6 Journalize and post the adjusting entries. Record the adjusting entries starting on page 22 in the journal 7 Prepare an adjusted trial balance. 8 Prepare an income statement, a statement of owners equity, and balance sheet. Prepare and post the closing entries. Enter the closing entries on page 23 of the journal. In the general ledger indicate closed accounts with a dash (-) in each Balance column of the account. 10 Prepare a post closing trial balance. Chart Accounts of and Balances For the Month ending April 30, 2018 110 Cash 112 Accounts Receivable 115 Merchandise Inventory 116 Estimated Returns Inventory 117 Prepaid Insurance 118 Store Supplies 123 Store Equipment 124 Accumulated Depreciation -Store Equipment 210 Accounts Payable 211 Customer Refunds Payable 212 Salaries Payable 310 (Student), Capital 311 (Student), Drawing 410 Sales 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 531 Rent Expense 532 Insurance Expense 539 Miscellaneous Administrative Expense 39,800 111,400 297,300 13,300 8,000 5,400 271,100 27,000 46,000 23,800 326,300 64,300 2,413,300 1,344,000 316,500 133,800 6,000 181,900 39,900 3,700 20 30 FOB shi 15,930 Co. Terms 1/10, n/30 FOB Shipping Point 52,400 Witha 100 cash from Gee Co, no 2,400 600 1,100 37,490 with a t to Co. terms 2/10, n/30 FOB shi nt