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Help me solve questions quickly Thanks you very much Taylors Delivery Service had the following transactions during December 2018: Taylors Delivery Service began operations by

Help me solve questions quickly
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Taylors Delivery Service had the following transactions during December 2018: Taylors Delivery Service began operations by receiving $15,000 cash and a truck with a fair value of $20,000 from the owner, Katelynn Taylor. The business gave Taylors capital in exchange for this contribution Paid $1,800 cash for a 6-month insurance policy. The policy will begin on December 1 Dec 1 Dec 1 Dec 7 Paid for advertising in a local newspaper, $250. Dec 8 Completed a large delivery job, billed the customer $1,500, and receiveda promise to collect the $1,500 within one week Dec 11 Paid $850 cash for office supplies. Dec 13 Paid employee salary, $825. Dec 15 Collected $1,000 in advance for delivery service to be performed later. Dec 18 Received $7,700 cash for performing delivery services. Dec 20 Collected $1,200 cash from customer on account Dec 22 Purchased fuel for the truck on account $220. Dec 27 Performed delivery services on account $1,200. Dec 28 Paid office rent S600 for the month of December. Dec 30 Paid $150 on account. Dec 31 Owner withdrew cash of $1,400. The requirements for this problem: 1. 2. Record each transaction as a journal entry. Post the transactions to T-accounts using the following chart of accounts. Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Deprec.- Accounts Payable Salaries Payable Unearned Revenue Taylor, Capital Taylor, Withdrawals Income Summary Service Revenue Rent Expense Deprec. Expense - Truck Insurance Expense Fuel Expense Off. Supplies Expense Advertising Expense Truck 3. 4. Prepare an unadjusted trial balance as of December 31,2018. Make adjusting journal entries using the following information. Post adjusting entries to the T-accounts. a. Accrued Salaries Expense of $550 b. Recorded depreciation on the truck of $250. c. Prepaid Insurance for the month has expired. d. Office Supplies on hand totaled $320. e. Unearned Revenue earned during the month was $350. f. Accrued service revenue of $500. 5. Prepare an adjusted trial balance as of December 31, 2018. 6. Prepare Taylors Delivery Service's income statement and statement of owner's equity 7. 8. for the month ended December 31,2018, and classified balance sheet on that date. Prepare the closing journal entries and post to T-accounts. Prepare a post-closing trial balance as of December 31,2018

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