Hello, I had trouble making the general journal, closing journal entries, and T accounts for this transaction list Date 1 January 1 Juras Equipment, Inc sold 225 shares of stock at $38 per share for cash 2 January 1 Borrows 5000 cash by signing a 4 year, $5000 note at 4 The principal is due at the end of the maturity period Interest is to be paid monthly due on the 1st of the following month 3 January 1 Purchased office equipment for $2750 Made a down payment of $500 and the remaining balance in a promissory note with 'same as cash' financing terms (no interest) The equipment has a salvage value of $750 and estimated useful life of 4 years 4 January 2 Paid rent for January through June totaling $3000 5 January 2 Purchased office supplies on account for $475 6 January 3 Purchased inventory on account for $11000 7 January 5 Sold inventory on account for $9000 which was purchased for $6000 8 January 7 Purchased a 9 month insurance policy for $1800 9 January 10 Purchased inventory at $6500 cash 10 January 11 Paid $1100 for advertising for January on social media 11 January 12 Sold inventory on account for $12400 which costed $8000 12 January 13 Received payment from customer from January 5 sale Account was paid off in full 13 January 14 Paid employees' wages for the past 2 weeks totaling $2700 (Wages run $270 per day ) 14 January 20 Received cash from customer for $4200 of inventory which costed $3000 Merchandise will not be shipped until February 2 per customer's request 15 January 25 Received payment on the sale dated January 12 16 January 28 Paid employees' wages for the past 2 weeks totaling $2700 (There are five work days each week ) January 28 is a Friday No one works the weekend but employees do work January 31 17 January 30 Paid electricity bill for January that totaled $350 18 January 31 Paid for supplies purchased on January 2 There remains $150 worth of supllies in the cabinet today 19 January 31 Placed an order for $9500 worth of inventory Inventory is not expected to be received until February 4 with terms of n 30 20 January 31 Paid $100 cash to shareholders for dividends

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Hello, I had trouble making the general journal, closing journal entries, and T-accounts for this transaction list # Date 1 January 1: Juras Equipment, Inc.

Hello, I had trouble making the general journal, closing journal entries, and T-accounts for this transaction list

# Date

1 January 1: Juras Equipment, Inc. sold 225 shares of stock at $38 per share for cash.
2 January 1: Borrows 5000 cash by signing a 4-year, $5000 note at 4%. The principal is due at the end of the maturity period. Interest is to be paid monthly due on the 1st of the following month.
3 January 1: Purchased office equipment for $2750. Made a down payment of $500 and the remaining balance in a promissory note with 'same as cash' financing terms (no interest). The equipment has a salvage value of $750 and estimated useful life of 4 years.
4 January 2: Paid rent for January through June totaling $3000.
5 January 2: Purchased office supplies on account for $475.
6 January 3: Purchased inventory on account for $11000.
7 January 5: Sold inventory on account for $9000 which was purchased for $6000.
8 January 7: Purchased a 9-month insurance policy for $1800.
9 January 10: Purchased inventory at $6500 cash.
10 January 11: Paid $1100 for advertising for January on social media.
11 January 12: Sold inventory on account for $12400 which costed $8000.
12 January 13: Received payment from customer from January 5 sale. Account was paid off in full.
13 January 14: Paid employees' wages for the past 2 weeks totaling $2700. (Wages run $270 per day.)
14 January 20: Received cash from customer for $4200 of inventory which costed $3000. Merchandise will not be shipped until February 2 per customer's request.
15 January 25: Received payment on the sale dated January 12.
16 January 28: Paid employees' wages for the past 2 weeks totaling $2700. (There are five work days each week.) January 28 is a Friday. No one works the weekend but employees do work January 31.
17 January 30: Paid electricity bill for January that totaled $350.
18 January 31: Paid for supplies purchased on January 2. There remains $150 worth of supllies in the cabinet today.
19 January 31: Placed an order for $9500 worth of inventory. Inventory is not expected to be received until February 4 with terms of n/30.
20 January 31: Paid $100 cash to shareholders for dividends.