create a journal entry based on the instructions. please help!

Midnight Supplies buys a specialty commercial electrical component and resells it to contractors in their region. At the end of December 2021, They had the following balances in their accounts: Cash - $4,254.000 Accounts Receivable - $385,050 Inventory - 5562,500 (7.500 units at $75 Each) Supplies - $8,000 Equipment - $100,000 Less Accumulated Depreciation: $30,000 Accounts Payable-5187,000 (Need to pay by dan s to claim discount) Common Stock - $1,000,000 Retained Earnings - $4,092,550 Following are some relevant policies at Midnight They use a Perpetual FIFO system for recording inventory All available purchave discounts must be claimed 6% sales taxis collected on each sale During the first quarter 2022, Midnight had the following transactions Jan 1-Pay 516,000 in warehouse rent Jan Beta Days in full for units purchased in December Jan 10 - Purchase 22.500 units 585 on account (Terms 2/15, 1/30, FOB Destination. Shippine5550) Jan 14 - Pay $28,436 in wat Jan 15 - 5175 in warehouse Utilities Jan 17 Paid quarterly insurance payment of $12.459 Jan 28-31.250 units at $150 per unit to ACME Construction for Cash ACME pick up at Warehouse) Jan-Pay 528.436 in Waces Jan 30-sel,750 units 5150 per unit to Beta Contractor on account (Terms 1/10,w/30 FOR Destination. Shipping $195) Beta chama the discount Feb 1-Pay 516,000 in warehouse rent ens - Sell 1,500 units at $150 per unit to Charlie's Construction on account (Term 1/10, 0/10 FOB Destination. Shippine 507) Charlie's pays on the due date Feb 10 - Purchase 54,000 units 87.50 on account (Terms 2/15/30 YOB Destination Shipping $2971 Feb 11 - Pay 52.436 in wages Feb 15 Pay 51674 in warehouse utilities feb 16-Set 27.000 units at $100 per unit to Devin's Designer Dwellings on account (Term 1/10, 1/80 FOB Destination Shipping 5523) Devin's Cams the discount Feb 25- Pay 521.436 in Wales Feb 26 - Bought $7,000 in supplies Feb 28 - Sell 25,500 units at $160 per unit to ACME Construction for Cash (ACME Picks up at warehouse) Mar 1 - Pay $16,000 in warehouse rent Mar 5 - Purchase 45,000 units at $89.50 on account (Terms 2/15, n/30; FOB Destination. Shipping $273) Mar 11 - Pay $28,436 in wages Mar 13 - Pay $245 for add in Contractors Quarterly Mar 14 - Sell 30,000 units at $160 per unit to Charlie's Construction on account (Terms 1/10, n/30) Charlie's pays on the due date. Mar 15- Pay $1598 in warehouse utilities Mar 25 - Purchase 7,500 units at $90 per unit on account (Terms 2/15, 1/30) Mar 25 - Pay $28,436 in wages Mar 30-Sell 26,250 units at $160 per unit to Ed's Electric on account (Terms 1/10, 1/30) Ed's claims the discount Shipping Costs $263 Mar 30 - Paid Dividends of $600,000 At the end of the period, supplies on hand were $6,000 Accrued Wages were $11374.40 Depreciation Expense is $10,000 Date Account Credit Debit Regular Journal Entries 1-Jan 5-Jan 5-Jan 10-Jan M 14.Jan 15-Jan 17-Jan 25-Jan 28-Jan 28-Jan 30-Jan 1-Feb 5-Feb 9.Feb 10-Feb 11-Feb 15-Feb 16-Feb 25-Feb 25-Feb 26-Feb 26-Feb 28-Feb 1-Mar 5-Mar 7-Mar 11-Mar 13-Mar 14-Mar 15-Mar 20-Mar 25-Mar 25-Mar 30-Mar 30-Mar 30-Mar Adjusting Entries 31-Mar 31-Mar 31-Mar Closing Entries 31-Mar 31-Mar 31-Mar 31-Mar Midnight Supplies buys a specialty commercial electrical component and resells it to contractors in their region. At the end of December 2021, They had the following balances in their accounts: Cash - $4,254.000 Accounts Receivable - $385,050 Inventory - 5562,500 (7.500 units at $75 Each) Supplies - $8,000 Equipment - $100,000 Less Accumulated Depreciation: $30,000 Accounts Payable-5187,000 (Need to pay by dan s to claim discount) Common Stock - $1,000,000 Retained Earnings - $4,092,550 Following are some relevant policies at Midnight They use a Perpetual FIFO system for recording inventory All available purchave discounts must be claimed 6% sales taxis collected on each sale During the first quarter 2022, Midnight had the following transactions Jan 1-Pay 516,000 in warehouse rent Jan Beta Days in full for units purchased in December Jan 10 - Purchase 22.500 units 585 on account (Terms 2/15, 1/30, FOB Destination. Shippine5550) Jan 14 - Pay $28,436 in wat Jan 15 - 5175 in warehouse Utilities Jan 17 Paid quarterly insurance payment of $12.459 Jan 28-31.250 units at $150 per unit to ACME Construction for Cash ACME pick up at Warehouse) Jan-Pay 528.436 in Waces Jan 30-sel,750 units 5150 per unit to Beta Contractor on account (Terms 1/10,w/30 FOR Destination. Shipping $195) Beta chama the discount Feb 1-Pay 516,000 in warehouse rent ens - Sell 1,500 units at $150 per unit to Charlie's Construction on account (Term 1/10, 0/10 FOB Destination. Shippine 507) Charlie's pays on the due date Feb 10 - Purchase 54,000 units 87.50 on account (Terms 2/15/30 YOB Destination Shipping $2971 Feb 11 - Pay 52.436 in wages Feb 15 Pay 51674 in warehouse utilities feb 16-Set 27.000 units at $100 per unit to Devin's Designer Dwellings on account (Term 1/10, 1/80 FOB Destination Shipping 5523) Devin's Cams the discount Feb 25- Pay 521.436 in Wales Feb 26 - Bought $7,000 in supplies Feb 28 - Sell 25,500 units at $160 per unit to ACME Construction for Cash (ACME Picks up at warehouse) Mar 1 - Pay $16,000 in warehouse rent Mar 5 - Purchase 45,000 units at $89.50 on account (Terms 2/15, n/30; FOB Destination. Shipping $273) Mar 11 - Pay $28,436 in wages Mar 13 - Pay $245 for add in Contractors Quarterly Mar 14 - Sell 30,000 units at $160 per unit to Charlie's Construction on account (Terms 1/10, n/30) Charlie's pays on the due date. Mar 15- Pay $1598 in warehouse utilities Mar 25 - Purchase 7,500 units at $90 per unit on account (Terms 2/15, 1/30) Mar 25 - Pay $28,436 in wages Mar 30-Sell 26,250 units at $160 per unit to Ed's Electric on account (Terms 1/10, 1/30) Ed's claims the discount Shipping Costs $263 Mar 30 - Paid Dividends of $600,000 At the end of the period, supplies on hand were $6,000 Accrued Wages were $11374.40 Depreciation Expense is $10,000 Date Account Credit Debit Regular Journal Entries 1-Jan 5-Jan 5-Jan 10-Jan M 14.Jan 15-Jan 17-Jan 25-Jan 28-Jan 28-Jan 30-Jan 1-Feb 5-Feb 9.Feb 10-Feb 11-Feb 15-Feb 16-Feb 25-Feb 25-Feb 26-Feb 26-Feb 28-Feb 1-Mar 5-Mar 7-Mar 11-Mar 13-Mar 14-Mar 15-Mar 20-Mar 25-Mar 25-Mar 30-Mar 30-Mar 30-Mar Adjusting Entries 31-Mar 31-Mar 31-Mar Closing Entries 31-Mar 31-Mar 31-Mar 31-Mar