Given this information, I need the answer for "Part Five Instructions", please

Date Deposit No. / Check No. Description 1. 1/02/20 2. 1/02/20 Deposit #1 Samantha Sneed met with her lawyer and CPA for advice on starting the business. They decided that Ms. Sneed would organize the business as a corporation. The lawyer told Ms. Sneed to register the company name, Sweaty Bands, Inc., with the County of El Paso. In addition, Ms. Sneed will get an employer identification number (EIN) from the Internal Revenue Service and get a sales tax permit from the state of Texas. The lawyer agreed to prepare the Articles of Incorporation to be filed with the Secretary of State of Texas. The CPA has agreed to help Ms. Sneed set up her accounting system. Ms. Sneed opened a business checking account at Wells Fargo Bank by depositing the personal check she gave her company for $25,000. The corporation issued her a stock certificate for 50,000 shares of common stock. Ms. Sneed signed a one-year rental agreement with Rusty Realtors for shop space. She was required to pay $3,200 for rent for the months of January 1, 2020 - April 30, 2020. Arranged for a general business liability insurance policy and paid $1,800 to State Penn Insurance. This premium is for six months of coverage. Purchased store equipment for a cost of $10,000 from Office and Store Supply for use in the business. Ms. Sneed signed a one year, 6% note payable for the cost of the office and store equipment. The store and office equipment have an estimated useful life of 4 years 3. 1/03/20 Ck #1001 4. 1/03/20 Ck #1002 5. 1/03/20 6, 1/05/20 Deposit #2 7. 1/05/20 Ck #1003 8. 1/06/20 Ck #1004 Ck #1005 9. 10. 1/06/20 1/08/20 11. 1/08/20 Ck #1006 12. 13. 1/13/20 1/13/20 and the residual (salvage) value is $2,000. This will be recorded as Store and Office Equipment. Signed a note payable to borrow $7,000 from Wells Fargo Bank. Interest is 6% annually and the note is to be repaid with interest in six months. Purchased furniture and fixtures for $13,000 from Furniture Warehouse. The estimated service life of this asset is 5 years. The residual (salvage value) is $1,000. This will be recorded as Furniture and Fixtures. Purchased Computer Equipment for $900 to be used in the store. The computer equipment has a useful life of 3 years. Purchased $300 in office supplies. Purchased $11,000 of Inventory-Orange Headbands from Hailey's Headbands on account. Purchased $5,000 Inventory-Blue Headbands from Hailey's Headbands on account. Ms. Sneed received and paid the $350 charge from her lawyer. Sweaty Bands is now open for business. Sales will be both retail and wholesale. Retail customers will purchase online and at the shop and will be charged an 8.25% sales tax. Ms. Sneed will allow major customers to charge their purchases on account and then pay later. Sold headbands to UTEP for their homecoming banquet on account for $8,000. The cost of the orange headbands is $2,500. The cost of the blue headbands is $1,500. UTEP does not have to pay sales tax on the purchase. Purchased $200 of store supplies on account. This is to be recorded as store supplies Purchased additional orange headbands from Hailey's Headbands on account, for $5,500. Recorded sales on account for the first five days of operation Sales on account totaled $5,500 and the sales tax totaled $453.75. The cost of merchandise sold was $2750.00. (Orange headbands were $1,500 and Blue headbands were $1,250.) Received and paid the $200 invoice for store supplies. Received cash from sales on account on 1/15/20. Paid the two invoices from Hailey's Headbands from 1/08/20. Ordered blue headbands for $2,900 on account. Ms. Sneed donated headbands to the Child Crisis fund raiser. She felt that this was a good way to advertise her new business. Her business was listed as a sponsor and a large ad was put in the fund raiser program. Cost of the blue headbands were $750, and the 14. 1/13/20 15. 1/14/20 16. 1/14/20 17. 1/15/20 18. 1/20/20 19. 1/22/20 20. 1/22/20 21. 1/22/20 22. 1/23/20 Ck #1007 Deposit #3 Ck #1008 LEDE hu timuler of noi613919 orange headbands were $100. Ms. Sneed considers this an advertising expense. 1990 en is dgis112 gniau 29101xit 23. 1/23/20 Deposit #417 Received payment in full from UTEP. The payment was deposited in the bank. noitsi91990 9ni] 24. 1/23/20 Ck #1009 Ms. Sneed paid her credit card bill for the month. The total was 261 9612ni bibq919 to ritrom 910 $375 for deliveries. 25. 1/23/20 Ck #1010 Purchased and paid for $65 of office supplies. 26. 1/23/20 Deposit #5 Internet and retail sales totaled $10,620 and sales taxes of $876.15 was collected. The cost of the merchandise sold was $5,310 (Blue 192 1969 et nimerit etiw bn Headbands $2,655; Orange headbands $2,655). The money was deposited in the bank. LOS TUA 27. 1/23/20 Ck #1011 Paid the balance due to Hailey's Headbands. There are two en huo5 edito invoices; one on 1/14/20 and the other on 1/22/20.bns als 195 28. 1/25/20 Deposit #6 Collected sales of $4,300. Sales tax collected was $280.50. All was deposited in the bank. The cost of the merchandise sold was op A-T $2,150. (Orange headbands $2,000; Blue headbands $150). 29. 1/28/20 Received but did not pay the electric bill for the month, $277.23. sal 30. 1/30/20 Ck #1012 dd Paid the first monthly installment on the office equipment. The w bas payment amount is $883.33. Of this amount, $50.00 is for interest olbonisqoniw tibe10 101 and $833.33 is for principal. Make the check payable to Store & Office Supply. 31. 1/30/20 Deposit #7 Recorded internet sales for the last week of the month. Sales were $2,570 and sales tax collected was $212.03, all was deposited in the bank. The cost of the merchandise sold was $1,350 (Blue headbands $1,000; Orange headbands $350). 32. 1/31/20 Ck #1013 Paid all sales tax owed for January to the Comptroller of Public Accounts. 95 nuoms 16 lob lls br16 2ngiz nollob br15 33. 1/31/20 Ck #1014 Declared and paid a cash dividend of $100 to Samantha Sneed. 19 21 dit2 ol a. 1,550 of wages for the part-time help from Irene's Temp Services for January should be accrued. Do not worry about payroll taxes; Temp Services Inc. will handle these. b. $150 of store supplies remained on hand. ed ils blood 29 ng diod C. $43 of office supplies remained on hand. d. Make the necessary adjusting entry for one month's depreciation for the furniture and fixtures using Straight Line Depreciation.se e. Make the necessary adjusting entry for the store and office equipment using Straight Line Depreciation. f. One month of depreciation for computer equipment using Straight Line Depreciation. g. One month of prepaid insurance has expired. h. One month of prepaid rent has expired. i. Record the interest on the loan from Wells Fargo. Wells Fargo Bank Page 1 PO Box 12345 El Paso, Texas 79902 Sweaty Bands, Inc. 123 Main Avenue El Paso, Texas 79945 WELLS FARGO BANK STATEMENT Sweaty Bands, Inc.de Balance, beginning Deposits and other credits Checks and other debits Balance on statement date 01/01/2020 January January 01/31/2020 $0 $57,449.90 $37,163.33 $20,286.57 Deposits Added 1/2/2020 Deposit 1 $25,000.00 1/5/2020 Deposit 2 $7,000.00 1/19/2020 Deposit 3 $5,953.75 1/23/2020 Deposit 4 $8,000.00 1/23/2020 Deposit 5 $11,496.15 Wells Fargo Bank Statement - Checks Paid and other Debits 1001 $3,200.00 1007 $200.00 1002 $1,800.00 1008 $16,000.00 1003 $13,000.00 1012 $883.33 1004 $900.00 NSF $300.00 1005 $300.00 DM $30.00 Check Printing Fee 1006 $530.00 SC $20.00 Charge for NSF Check *Assume any errors are made by the bank Part Five Instructions Prepare an Adjusted Trial Balance, then an Income Statement, Statement of Stockholders' Equity and a Balance Sheet and staple them to the front cover of the practice set in the correct order as listed here. These statements should be done in Word or Excel