hey

can you please solve these questions..

thanks

07 8 A Any Watson started her consulting business, Jenny Consultin 2020. Durinary 2021, Lenny Consultinath Following transaction January 3 Received cash from clients for payment in advance for services to be provided in future, $2,000 5 0 Pald cash for advertisement expenses, $300 16 Paid total cash of $3,400 for salarii, including langar salaries of 52,200 and 51200 of salaries pahle from December 7 20 Purchased supplies on account, 5400 22 Received cash from clients on account, $1,800 9 25 Performed services on account and billed clients for services provided, 5900 0 28 Received cash for services performed in January, $3,800 1 29 Jenny withdrew $1,300 from capital 2 30 Paid cash for telephone bill, $250 Required: 1. Record the January transactions in the general journal. Please include an explanation for each journal entry. 2. Post the journal entries in the general ledger General Journal Credis 2. Pout the journal entries in the general ledger General lounal Date Description Cash Uneamed Revenue To dow's from clients |AC no. 1010 2010 PH 11 11 Debits 2000 2.000 32 2 13 11 13 14 14 15 J6 16 19 The contrabance for young on December 11, 2020 is as follow The balance been recorded in the water as the opening balance at ay 1, 2 60 Cash Debit Credits 22,00 4100 100 3,200 15.000 1,500 200 1,200 63 6 15 2.500 64 40,000 Account No. Account Name 1010 1020 Accounts Receivable 1040 Supplies 1050 Prepaid Rent 100 Office Equipment 1090 Accumulated Depreciation Office Equipment 2010 Accounts Payable 70:20 Salaries Payable 2030 Linearned Revenue 3010 Jenny Watson, Capital 3020 Jenny Watson, Withdrawals 3030 Income Summary 0010 Service Revenue 5005 Advertising itpense 5010 Salaries Expense 5020 Rent Expense 5030 Supplies Expense 5040 Depreciation Expense 5090 Telephone Expense 70 1 2 1 45,000 46,000 AN M Aca 04 Decor 351 For De AY D Destion DR 22.00 2000 > 90 3 4 95 Account Accounts Rece Date Drition Account Date ANADO C Dalance Det Account No 1020 C Balance 6.100 Do tel Do PR In ME 19 100 101 102 TO 100 Account: Soples TOS Date Description To lan 107 108 109 Account No. 1000 Crede al Account Avelopes Date No No Gedi Postlet D Balance Post Ref Debit 500 gal 110 1 M N A 95 Account Accounts Receivable 96 Date Deco 97 Ian 1 Post of Dub ACOM NO. 1000 Credit Balance 4,100 Mount Vice Date Din Account N4010 Balance real Post Db 39 100 101 102 103 104 Account Supplies 105 Date Description 106 la 1 Poster Det Account No. 1040 Credit Balance 900 Account Advertising pee Date Description Postal Debit Account No. Creda Balance Text Bal 107 Postel Debit Account No. 1050 Credit Balance 1,200 Account Series Expense Date Descroton Acc No 1010 Credit sance Poster Debat 100 109 110 111 112 Account Prepaid Hand 113 Date Description 114 1 Be al 1151 176 117 178 119 120 Account Office Equipment 121 Date Description 122 Jan 1 121 124 125 126 insturinn Part 1 Account: Hent Date Description Account No. 1000 Credit Balance 15.000 Post Rel Account No. 5070 Credit Balance Debit Post Rot Det Be Ball PAT Part 4 Part ON 038 B D H 1 1 M N P 118 119 Post Rel Debit Account No. 1080 Credit Balance 15.000 Accountant Date Description Account No. 5020 Credit Balance Poster 120 Account Office Equipment 121 Date Description 122 lan. 1 123 124 Debit Bles Bal 125 Accounts Expense Dale Description Post Rel Acerat No. 5030 Credit Balance Debut Bec Bol 1.500 Account Depreciation Expense Date Description Account No. 5040 Credit Balance Posted Debit 126 127 128 Account Accum. Depreciation Office Equip Account No. 1090 129 Date Description Post Rat Debit Credit Balance 130 Jan. 1 131 132 133 134 135 136 Account Accounts Payable Account No. 2010 137 Date Description Post Ret Debit Credit Balance 138 Jan 1 Bec Ball 800. 139 140 141 BA 142 143 144 Account Solaris Payable Account No. 2020 145 Date Description Post Ret Denit Credit Balance 146 Jan. 1 Bee Bal 1,200 147 148 149 Instructions Part 1 Part 2 Part Part 4 Part 5 Ready Account Telephone Experie Date Description Post Ret Debit Account No. 505D Credit Balance that 038 A 3 1 K M N O 143 Account Telephone Expose Date Descriton Account No. 5050 Credit Balance Post Hel Debit 144 Account: Salaris Payable Account No. 2020 145 Date Description Post Her Debit Credit Balance 146 jan. 1 Bert Hal 1,200 147 148 149 150 151 152 Account: Uneared Revue Account No. 2030 153 Date Description Post Rel Debit Credit Balance 154 Jan. 1 Beg, Bal 2,500 155 ans Client's deposit 11 2,000 4,500 156 152 158 159 160 Accountiene Watson, Capital Account No. 3010 161 Date Description Postel Debit Credit Balance 162) Jan 1 Beg Bal 40,000 263 160 165 166 23 167 168 Account: Jenny Watson, Withdrawals Account No. 3020 169 Date Description Post Ret Debit Credit Balance 120 171 172 173 174 Instructions Part 1 Part 2 Part 3 Part 4 Part 5 H21 D D E G A 1 Required: Prepare an Unadjusted Trial Balance H 1 K 2 3 4 5 6 Account Name 7 Debit $ Credit $ 8 9 10 11 12 13 14 15 16 17 18 19 20 23 22 23 24 25 26 27 28 29 30 31 32 Instructions Part 1 Part Part 3 Part 4 Part 5 A B D G 1. At the end of January, the following adjustments were required 2 1. Supplies on hand cost $600 on January 31. 3 2. Depreciation was calculated for January, $125. 4 3. Accrued salaries on January 31, $280. 5 4. Rent was used during January, 51,600 6 5. Unearned Revenue were earned during January, $2,500 7 8 Required: Complete the following worksheet 9 10 Jenny Consulting 11 Worksheet 12 For the month ended January 31, 2021 13 14 $ Unadjusted 15 Trial Balance Adjustments 16 Account Name Debit Credit Debit Credit 17 18 19 1 20 21 22 2 23 24 25 5 26 27 28 29 5 30 31 32 4 Adjusted Trial Balance Debit Credit 4 B3 K A G H 1 Required: Prepare an income statement, a statement of owner's equity and a balance sheet from the adjusted trial balance in Part 3 2 3 4 5 6 7 S $ 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 $ 27 28 29 30 31 32 fx B D E $ $ Assets: Liabilities: Total Liabilities Owner's Equity + Total Liabilities and Owner's Equity N O A B D H M Jenny Consulting wants to close the accounting period as at Ianuary 31, 2021 This involves bringing the balances in all revenue, expense, and drawings accounts to zero, and updating the balance in the Owner's Capital account Required: Prepare closing entries and a post-closing trial balance Prepare closing entries 1. close revenue accounts: Debit each individual revenue account for its balance, and credit Income Summary for total revenues 2. close expense accounts: Debit Income Summary for total expenses, and credit each individual expenser account for its balance 3. close Income Summary account Debit Income Summary for its balance (or credit it if there is a loss) and credit (debit) the Owner's Capital account 4. Debit the Owner's Capital account and credit the Owner's Drawings account for the balance in drawings General Journal Date Description AC no. PR: 110 Credit $ Debits 2 5 3 M N suming all closing entries have been jounalized and posted, prepare a post closing trial balance for Jenny Consulting as follows: Jenny Consulting Post Closing Trial Balance January 31, 2021 Account Name Debit s Credits