Hi I need this example process answered, Ive been stuck on this since yesterday really need help.

U Search in combined.docx Edit and reply Download Save to OneDrive Accessibility Mode Print P Find EP immersive Read Question #1 [9 points] Acme Training Company is in its third month of operations. The date is September 30, 2020. Use the information below to create the September 30 income statement. The accounts are listed in alphabetic order. You will need to select the correct accounts to place in the Income Statement. $1,500 2,000 1,600 EE Accounts Payable Accounts Receivable Cash Computer Equipment Furniture Murrey Smith, capital Office rent expense 2,200 1,800 7,400 2,500 Owner's investments during Sept. $1,200 Owner's withdrawals 1,000 Supplies Sun 1,280 Textbook rental revenue 300 Tutoring revenue 4,200 Tutors' wages expense 1,540 Utilities expense 680 Income statement 100% GIVE FEEDBACK TO MICROSOFT Last week Accessibility Mode Print Find immersive Read Question #2 (53 points) Taylor Moore started an acting school on Jan 1.2020. The school is called "Happy Feet Academy." The school has been in operation for six months. Record the following transactions and post to the T-account ledgers. July 1 Purchased supplies including sheet music on credit for $100. 2 Collected $4,000 in advance for acting lessons to be delivered in August 3 Collected $2,000 for teaching acting in July 4 Paid $3,000 to rent her acting studio for July 5 Paid $500 for supplies purchased on account last month 15 Taylor withdrew $500 for personal use 20 Paid assistant wages of $1,300 31 Purchased new equipment for $300 General Journal Account Tities and Explanation Page 1 Credit Date PR Debit O SOTTON ES OF 13 Last weer AT 8 6 7 bined.docx Edit and reply Download Save to OneDrive Accessibility Mode Print Find 19 imme Ledgers are on the next page. There are balances carried forward from last month. Post the general journal to the T-accounts and make the trial balance. SPROTT SHAW COLLEGE Last week term combined.docx Edit and reply Download Save to OneDrive Accessibility Mode Print P Find immersive Reader .. Question #2 - Ledgers - 101 Cash Bal. 6,000 Supplies 126 950 Equipment 161 8,000 Bal Accounts Payable 1,500 Ba Bal. Unearned Teaching 233 302 Teaching Revenue Rev Taylor Smith, 301 Capital 3,000 Bal. Taylor Smith, Withdrawals Bal. 13,000 9,800 Bal. 46,000 Ba 623 Wages Expense Bal 26,350 Rent Expense Bal, 6.000 640 Last week Q WERTYUI Wou save to Uneurive C. Accessibility Mode Print Find D Question #2 - Trial Balance (Continued from previous page) immersive Reader Trial Balance Acct. No. Account Title Debit Credit OF 13 P DM O Javel welve Accessibility Mode Print P Find immersive Reader Question #3 [27 points] Using the Trial Balance below, make an Income Statement, Equity Statement, and a Balance Sheet The Trial Balance is for May 2019. Happy Trails Campsite Trial Balance May 31, 2020 DR $ 23,000 11,600 12,500 18,200 192,000 136,000 Cash Accounts Receivable Prepaid Insurance Equipment Building Land Accounts Payable Unearned Revenue John Smith, Capital John Smith, Withdrawals Revenue Wages Expense Equipment Rental Expense Advertising Expense Maintenance Expense Totals $15.540 92,000 292,760 117,000 5.000 58,000 34.000 9,200 17.800 $517,300 $517,300 Income Statement E 7 OF 13 Last week Accessibility Mode Print D Find Dimmersi Statement of Changes in Equity Balance Sheet Assets Last week 4 5 6 7 combined.docx Edit and reply Download Save to OneDrive Accessibility Mode Print Find E2 immersive Re Question #4 - Adjusting Entries (20 points) Write the following adjusting entries in the journal below. Date is April 30, 2019. a. Equipment purchased for $21,600 will have a useful life of three years. After three years it will have no value. Record the monthly depreciation. of the $11,400 balance in Unearned Revenue, $8,700 has been earned. The prepaid Rent account has a balance of $13,500 for six-months of rent. Determine the rent for April. Accrued wages on April 30 totals $18,500. Payday is in May. One month of interest expense has accrued at 4% per year on a $42,000 loan Unrecorded and uncollected revenue at month-end is $6,150. A $3,510 insurance policy was purchased and debited to the Prepaid Insurance Account. The policy is for 18 months. What is the insurance for April? EEST The monthly depreciation on office furniture is $625. Accrued revenues at month-end totalled $3,400. The Store Supply account had a balance of $800 at the beginning of April. During April $1,780 worth of supplies was purchased. At month-end the store supplies had only $650 in the account. Record your entries below: GIVE FEEDBACK TO MICROSOFT 2009 Last week mcombined.docx Edit and reply Download Save to OneDrive Accessibility Mode Print Find trimersive Re Question #5 - Closing Entries (points] Martin's Clothing Company's adjusted trial balance on December 31, 2019, appears as follows: $ 15,500 6,500 3,800 61,000 $ 19,700 39,400 6,400 23,300 101 Cash 125 Store Supplies 128 Prepaid Insurance 167 Equipment 168 Accumulated depreciation, equipment 201 Accounts payable 210 Wages payable 301 Jane Martin, Capital 302 Jane Martin, withdrawals 401 Sewing revenue 612 Depreciation expense, equipment 623 Wages expense 637 Insurance expense 640 Rent expense Store supplies expense 690 Utilities expense Totals 32,000 109,920 5,400 61,200 2.200 4,800 2,600 3,720 $ 193,720 651 $ 193,720 Required: E 11 OF 13 5 6 7 8 1 2 3 4 General Journal Date Accounts / Description Dr 11 OF 13 3 4 5 6 7 Post-Closing Trial Balance 2 3 4 5 6 7