hudson bloom geberal journal, worksheet, and income statement. I need help with entries 29-38 please.

Transaction Description of transaction June 1: Hudson Bloom invested $153,258.00 cash and computer equipment with a fair market value of 01. $32,130.00 in his new business, Byte of Accounting. 02 June 1: Check # 5000 was used to purchased office equipment costing $798.00 from Office Express. The invoice member was 87417 03 June 1: Check# 5001 was used to purchased computer equipment costing $12,600.00 from Merlin Lagomasino. The invoice number was 20117 04 June 2: Check # 5002 was used to make a down payment of $36,000.00 on additional computer equipment that was purchased from Royce Computers, invoice number 76542. The full price of the computer was $180,000.00. A five-year note was executed by Byte for the balance. 10 05. June 4. Additional office equipment costing $400.00 was purchased on credit from Discount Computer Corporation. The invoice number was 98432. 13 06. June 8: Unsatisfactory office equipment costing $80.00 from invoice number 98432 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte. 14 15 07 June 10: Check#5003 was used to make $27.500.00 payment reducing the principal owed on the June 2 purchase of computer equipment from Royce Computers 16 17 08. June 14: Check 5004 was used to purchase one-year insurance poliey covering its computer equipment for $5,660.00 from Seth's Insurance. The effective date of the policy was June 16 and the invoice number was 2387 18 19 20 09 June 16 A check in the amount of $6,500.00 was received for services performed for Pitman Pictures June 16: Byte purchased a building and the land it is on for $107,000.00 to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $17,000.00. The balance of the cost is to be allocated to the building. Check#5005 was used to make the down payment of $10,700.00. A thirty year mortgage with an inital payement due on August Ist, was established for the balance. 22 23 11. June 17: Check #5006 for $8,800.00 was paid for rent of the office space for June, July, August and September 24 25 12 June 17: Received invoice number 26354 in the amount of $375.00 from the local newspaper for advertising. 26 27 28 29 13. June 21: Billed various miscellaneous local customers 54,600.00 for consulting services performed. 14 June 21: Check#5008 was used to purchase a fax machine for the office from onice Machines Express for $750.00. The invoice number was 975-328. 30 31 32 15. June 21. ecounts payable in the amount of $320.00 were paid with Check 5007. 33 16. . 34 35 June 22: Check 501 was used to pay the advertising bill that was received on June 172 17 June 22: Received a bill for $1,115.00 from Computer Parts and Repair Co. for repairs to the computer equipment. The invoice number was 3254 36 37 18 June 22: Check 5009 was used to pay salaries of $835.00 to equipment operators for the week ending June 18. Ignore payroll taxes 38 39 40 19. June 23: Cash in the amount of $3,685,00 was received on billings A B 20. June 23. Purchased affice supplies for $505.00 from Staples on account. The invoice number was 65498. 21. June 28: Billed $5.805.00 to miscellaneous customers for services performed to June 25. 22 June 29: Cash in the amount of $5.500.00 was received for billings. 23 June 29: Paid the bill received on June 22. from Computer Parts and Repairs Co with Check #5011. 24. June 29: Check#5012 was used to pay salaries of $835.00 to equipment operators for the week ending June 25. Ignors payroll taxes. 25 June 30: Received a bill for the amount of $1,015.00 from O&G Oil and Gas Co. The invoice number was 784537 26. June 30: Check# 5013 was used to pay for airline tickets of $2,000.00 to send the kids to Grandma Ellen for the July 4th holiday Adjusting Entries.Round towe decimal places. 27 The rent payment madeandums 17 was for June July August and September. Expense than a mount associated with one month's rent: 28. A physical inventory showed that only $202.00 worth of office supplies remained on band as of June 30. 29 The annual interest rate on the mortgage payable was 8.75 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 30. Record journal entry to reflect that one ball months insurance has expired. A 30 B Record a journal entry to reflect that one half month's insurance has expired. 31. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,500 for the period of June 28-30. 32 The fixed assets have estimated useful lives as follows: Building - 315 years Computer Equipment -5.0 years Office Equipment -7.0 years Use the straight-line method of depreciation. Management has decided that assets purchased during 2 month are treated as if purchased on the first day of the month. The building's scrap value is $7,500. The office equipment has a serap value of $500. The computer equipment has no scrap value. Calculate the depreciation for one month. 33. A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28.30. Ignore payroll taxes. 34. The note payable to Royce Computers (transactions 04 and 07) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. On June 10, eight days later, $27.500.00 was repaid. Interest expense must be calculated on the $144.000.00 for eight days. In addition, interest expense on the $116.5050 balance of the loan ($144,000.00 less $27.500.00 $116.500.00) must be calculated for the 20 days remaining in the month of June. Closing Entries 35 Close the revenue accounts 36 Close the expense accounts. 76 77 34 The nate payable to Royce Computers (transactions 04 and 07) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. On June 10, eight days later, 527,500.00 was repaid. Interest expense must be calenlated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the loan ($144,000.00 less $27,500.00 =5116,500.00) must be calculated for the 20 days remaining in the month of June. 78 79 80 Closing Entries 81 82 35. Close the revenue accounts. 83 36. Close the expense accounts 84 85 86 37 close the income simmary account. 87 38 Close the withdrawal Account 88 89