For the following transactions create journal entries, t accounts and a trial balance, and final statements.

  

B 1 Balance Sheet for end of 2019 2 Assets 3 Cash 4 Accounts Receivable (net of allowance of 7200 5 Inventory 6 Prepaid Insurance 7 Supplies 8 1000 9 10 Property, Plant and Equipment, Net 11 Land 12 13 Total Current Assets 14 15 Liabilities 16 Accounts Payable 17 Unearned Revenue Total Assets 18 Interest Payable 19 Salaries Payable 20 30 31 32 21 22 Long Term Debt 23 24 Total Liabilities 25 33 34 35 36 Total Current Liabilities 26 Capital Stock 27 Retained Earnings 28 29 Total Liabilities and Stockholders Eq 177,500 32,000 573,359 94,552 45,200 2,100 6,600 148,452 77,250 237,884 45,500 (1000 units at $45.50 each) 1,600 1,625 363,859 246,100 394,552 100,000 78,807 D 573,359 ma E F Ti M bak 1 1 12 1 1 1) 1/ 1/ 1/ 1/ 1/