How to complete T accounts?

[The following information applies to the questions displayed below.] Francine's Fast Deliveries, Inc. (FFD) was organized in December of 2011. It had limited activity in 2011. The resulting balance sheet at the beginning of 2012 is provided below: Francine's Fast Deliveries, Inc. Balance Sheet at January 1, 2012 Liabilities: Assets: $ 665 $1,325 750 Accounts Payable Stockholders' Equity: Contributed Capital Retained Earnings Cash Accounts Receivable $1,500 Supplies 600 510 Total Liabilities & Stk. Equity $2,675 $2,675 Total Assets January Transactions for Francine's Fast Deliveries, Inc. (FFD) Date Owners invest $24,000 of additional cash in the business. 1 Supplies are purchased for $850 on account. Insurance is paid for 12 months beginning January 1: $7,140 (Record as an asset) 2a 2b Rent is paid for 3 months beginning in January: $3,450 (Record as an asset) Two employees are hired. Each employee will be paid $1,290 per month 2c 2d FFD borrows $27,000 from 1st State Bank at 6% annual interest. A delivery van is purchased for cash. Including tax the total cost was $43,200. It 6 3 will be used for 4 years and will be depreciated monthly using straight-line with no salvage value. A full month of depreciation will be charged in January. 7 $525 of the receivables from December's sales are collected $532 of the accounts payable from December are paid. Performed services for customers on account. Mailed invoices totaling $9,400. 8 9 Services are performed for cash customers: $6,580. Wages for the first half of the month are paid on January 16: $1,290. 10 16 The company receives $3,050 from a customer for an advance order for services to be provided in January and February. 20 25 Collections from customers on account (see January 9 transaction): $3,760 The last 2 weeks wages earned by employees are $645 per employee and will be paid on February 3. 30b A $815 utility bill for January arrived. It is due on February 15 30a Additional Information for adjusting entries at January 31 a. Supplies on hand on January 31 total $290. The company completed 60% of the deliveries for the customer who paid in advance b. on January 20. c. Interest is accrued for the bank loan. (Assume a full month for the 1st State Bank loan.) d. Record January depreciation. e. Adjust the prepaid asset (Rent and Insurance) accounts as needed. No Date General Journal Debit Credit 1 Jan. 1 Cash 24,000 Contributed Capital 24,000 Supplies 2 Jan. 2a 850 Accounts Payable 850 7,140 Prepaid Insurance Jan. 2b 7,140 Cash Prepaid Rent Jan. 2c 3,450 3,450 Cash No Journal Entry Required 5 Jan. 2d 6 Jan. 3 Cash 27,000 Notes Payable 27,000 Equipment 43,200 7 Jan. 6 Cash 43,200 8 Jan. 7 Cash 525 Accounts Receivable 525 Accounts Payable 532 Jan. 8 Cash 532 10 Jan. 9 Accounts Receivable 9,400 9,400 Service Revenue 6,580 11 Jan. 10 Cash 6,580 Service Revenue Wages Expense 12 Jan. 16 1,290 Cash 1,290 Jan. 20 Cash 13 3,050 Unearned Revenue 3,050 3,760 14 Jan. 25 Cash Accounts Receivable 3,760 Wages Expense Jan. 30a 15 1,290 Wages Payable 1,290 Utilities Expense 16 Jan. 30b 815 Accounts Payable 815 Prepaid Insurance Supplies Beg. bal Jan. 2a Beg. bal. Jan. 2b 600 0 0 Jan. 31a 7,140 Jan. 31e 8500 End. bal. 7,140 1,450 End. bal Prepaid Rent Equipment Beg. bal. Jan. 2c Beg. bal Jan. 6 0 0 0 3,450 Jan. 31e 43,200 End. bal 3,450 43,200 End. bal. Accounts Payable Accumulated Depreciation Beg. bal Jan. 8 Beg. bal. 0 0 665 850 Jan. 2a Jan. 31d 532 815 Jan. 30b End. bal 1,798 End. bal. Notes Payable Unearned Revenue Beg. bal Jan. 31b Beg. bal. 0 0 27,000 Jan. 3 3,050 Jan. 20 End. bal 3,050 27,000 End. bal. Interest Payable Wages Payable Beg bal Beg. bal. 0 0 0 0 1,290 Jan. 30a Jan. 31c End. bal 1,290 End. bal. Contributed Capital Retained Earnings 1,500 24,000 Jan. 1 Beg. bal Beg bal 510 End. bal 25,500 510 End. bal. Service Revenue Wages Expense Beg. bal Jan. 16 Beg. bal. 0 9,400 Jan. 9 1,290 6,580 Jan. 10 Jan. 30a 1,290 Jan. 31b End. bal 15,980 2,580 End. bal. Utilities Expense Supplies Expense Beg. bal. Jan. 30b Beg bal 0 0 0 815 Jan. 31a End. bal 815 End. bal. Interest Expense Insurance Expense Beg. bal Jan. 31e Beg. bal. 0 0 Jan. 31c End. bal End. bal. Rent Expense Depreciation Expense Beg. bal Jan. 31d Beg. bal. Jan. 31a End. bal. End. bal