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I need your help urgently assignment due tomorrow... I have attached the questions please help with answer all of them and explain.. how you get the answer so that i understand...

P2-60A. (Learning Objective 6: Construct and use a trial balance) The trial balance of Amusement Specialties, Inc., follows: Amusement Specialties, Inc. Trial Balance 31-Dec-16 Cash Accounts receivable Prepaid expenses Building Equipment Accounts pay able Note payable Common stock Retained earnings Dividends Service revenue Rent expense Advertising expense Wage expense Supplies expense Total $ 14,000.00 40,000 4,500 96,000 239,000 51,300 96,000 35,000 91,200 19,000 270,000 47,000 2,000 79,000 3,000 $ 543,500.00 $ 543,500.00 Vicki Gutierrez, your best friend, is considering investing in Amusement Specialties, Inc. Vicki seeks your advice in interpretin Requirement 1. Write a short note to answer Vicki's questions. In your note, state the amounts of Amusement Specialties' total assets, total liabilities, and net income or net loss for the year. Also show how you computed e P2-63A. (Learning Objectives 4, 5, 6: Analyze the impact of business transactions on accounts. record [journalize and post] tr May 2 Martinson Services received $65,000 cash and issued common stock to the stockholders. 3. Purchased supplies, $600, and equipment, $11,700, on account. 4. Performed services for a customer and received cash, $5,600. 7 Paid cash to acquire land, $37,000. 11 Performed services for a customer and billed the customer, $2,900. Martinson expects to collect within one month. 16 Pa 17. Paid for newspaper advertising, $610. 18. Received partial payment from customer on account, $800. 22 Received and paid the water and electricity bills, $440. 29 Received $2,500 cash for servicing the heating unit of a customer. 31 Paid employee salaries, $2,400. 31 Declared and paid dividends of $2,000. Requirements 1. Record each transaction in the journal. Be sure to record the date in each entry. Explanations are not required. 2. Post the transactions to the T-accounts, using transaction dates as posting references. Label the ending balance of each ac 3. Prepare the trial balance of Martinson Services, Inc., at May 31 of the current year. 4. Adam Martinson, the manager, asks you how much in total resources the business has to Imagework with, how much it o p3_61A. (Learning Objectives 3, 4: Adjust the accounts; construct thefinancial statements) consider the unadjusted trial bala Spateness, Inc Trial Balance Worksheet December 31, 2016 Trial Balance Account Cash Accounts receivable Prepaid expenses Supplies Furniture Accumulated depreciation -Funiture Accounts payable salary payable Common stock Retained earnings Dividends Service revenue salary expense Rent expense Utilities expense Depreciation Expense-Furniture Supplies expense Total Debit Credit $ 8,300.00 1,400 3,000 2,200 54,000 3,200 3,600 Adjustments Adjusted Trial Balance Debit Debit Credit 13,000 29,070 3,900 27,400 3,000 470 $ 76,270.00 $ 76,270.00 Adjustment data at December 31, 2016: a. Accrued service revenue at December 31, $3,960. b. Prepaid rent expired during the month. The unadjusted prepaid balance of relates to the period December l, 2016, throug c. Supplies used during December, $1,880. d. Depreciation on furniture for the month. The estimated usetl life of the furniture is five years. e. Accrued salary expense at December 31 for Monday, Tuesday. and Wednesday. The five-day weekly payroll of $20,000 wil Requirements 1 Using Exhibit 3-9 as an example, prepare the adjusted trial balance of Spateness, Inc., at December 3 1, 2016. Key each ad 2' Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Dra P3-62A. (Learning Objective 3: Adjust the accounts) Lemontree Rentals, Inc.'s, unadJtted and adjusted trial balances at June 30, 2016, follow. Lemontree Rentals, Inc. Trial Balance Worksheet June 30, 2016 Account Cash Accounts Receivable Interest Receivable Note receivable Su pplies Prepaid insurance Building Accumulated depreciationbuilding Accounts payable Wages payable Unearned rental revenue Common stock Retainedearnin s Dividends Rental revenue Interest revenue Depreciation expensebuilding Supplies expense Utilities expense Wage expense Property tax expense Insurance expense Total Trial Balance Debit 8,000 6,000 Credit 4,500 1,400 2,600 63,000 7,900 6,500 1,800 23,000 41,400 3,600 10,300 700 400 1,400 700 91,600 $91,600 Adjusted Trial Balance Debit Credit 8,000 6,810 300 4,500 700 900 63,000 9,500 6,500 840 1,380 23,000 41,400 3,600 11,530 1000 1,600 700 400 2,240 700 1,700 $95150 95,150 Requirements 1. Make the adjusting entries that account for the diferences between the two trial balances 2. Compute Lemontree Rentals' total assets, total liabilities, net income, and total equity Specialties, Inc., follows: s your advice in interpreting the company's information. Specifically, she asks how to use this trial balance to compute the company's to how how you computed each amount. rd [journalize and post] transactions in the books; construct and use a trial balance) During the first month of operations, Martinson Ser t within one month. 16 Paid for the equipment purchased May 3 on account. e not required. ending balance of each account Bal, as shown in the chapter. work with, how much it owes, and whether May was profitable (and by how much). er the unadjusted trial balance of Spateness, Inc., at December 31.2016, and the related montha:nd adjustment data. Adjusted Trial Balance Credit December l, 2016, through February 28, 2017. ekly payroll of $20,000 will be paid on Friday. ber 3 1, 2016. Key each adjusting entry by leter. assified balance sheet. Draw arrows linking the three statements. o compute the company's total assets, total liabilities, and net income or net loss for the year. of operations, Martinson Services, Inc., completed the following transactions: The Adjusted Trial Balance This chapter began with the unadjusted trial balance (see Exhibit 3-3, p. 127). After the adjustments are journalized and posted, the accounts appear as shown in Exhibit 3-8, Panel C. A useful step in preparing the financial statements is to list the accounts, along with their adju