I am So confused about what to do; I filled in the values but they are not coming out correct I need help understanding what it is I am doing wrong. (The values I was given per my instructor are as follows: The Unadjusted Trial Balance should be $86,701 & It was but my instructor told me that I keyed in the insurance incorrectly so I had to update that from $240 to $2,400 which threw my book off, The Adjusted Trial Balance should come out to $18,750 and The 1Adjusted Trial Balance should equal $87,101).

Any help would be greatly appreciated here is the prompt:

On September 30, the following adjustments must be made: Depreciation of baking equipment transferred to the company on 7/13.

Assume a half month of depreciation in July using the straight-line method.

Accrue interest for note payable. Assume a full month of interest for July. (6% annual interest on $10,000 loan from parents.)

Record insurance used for the year.

Actual baking supplies on-hand as of September 30 are $1,100. Office supplies on-hand as of September 30 are $50.

Unadjusted trial balance Credit Adjusting entries Debit Adjusted trial balance Credit Account Cash Baking Supplies Merchandise Inventory (FIFO Prepaid Rent Prepaid Insurance Baking Equi Accumulated Depreciation Office Supplies Accounts Receivable Notes Payable Interest Payable Accounts Payable Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies E Rent Expense Interest E Insurance Expense Debit Credit Debit 34,396.75 18,500.00 175.65 1,500.00 2400.00 6,000.00 550.00 33.846.75 18,500.00 175.65 1,500.00 S0 6,000.00 250.00 50.00 7,700.00 2.400.00 250.00 600.00 7,700.00 50.00 17,400.00 10.000.00 50.00 22.400.00 5,000.00 480.00 16,000.00 480.00 16,000.00 10,000.00 10,000.00 55,000.00 221.00 55,000.00 221.00 17,400.00 1,100.00 4,500.00 50.00 S0 250.00 250.00 50.00 375.00 200.00 1.956.00 150.00 157.60 4,500.00 50.00 2.400.00 250.00 nse reciation Expense Misc. Expense Office Supplies Expense Business License Expense Advertising Expense Wa 250.00 550.00 375.00 200.00 1,956.00 150.00 157.60 nse Ex COGS (FIFO Total: (FIFO 88,861.00 86,701.0020,650.00 20,650.00 87,061.00104,151.00 Unadjusted trial balance Credit Adjusting entries Debit Adjusted trial balance Credit Account Cash Baking Supplies Merchandise Inventory (FIFO Prepaid Rent Prepaid Insurance Baking Equi Accumulated Depreciation Office Supplies Accounts Receivable Notes Payable Interest Payable Accounts Payable Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies E Rent Expense Interest E Insurance Expense Debit Credit Debit 34,396.75 18,500.00 175.65 1,500.00 2400.00 6,000.00 550.00 33.846.75 18,500.00 175.65 1,500.00 S0 6,000.00 250.00 50.00 7,700.00 2.400.00 250.00 600.00 7,700.00 50.00 17,400.00 10.000.00 50.00 22.400.00 5,000.00 480.00 16,000.00 480.00 16,000.00 10,000.00 10,000.00 55,000.00 221.00 55,000.00 221.00 17,400.00 1,100.00 4,500.00 50.00 S0 250.00 250.00 50.00 375.00 200.00 1.956.00 150.00 157.60 4,500.00 50.00 2.400.00 250.00 nse reciation Expense Misc. Expense Office Supplies Expense Business License Expense Advertising Expense Wa 250.00 550.00 375.00 200.00 1,956.00 150.00 157.60 nse Ex COGS (FIFO Total: (FIFO 88,861.00 86,701.0020,650.00 20,650.00 87,061.00104,151.00