I am stuck on the balance sheet and beyond that

Dor's Wholesale Shop buys merchandise from manufacturers and sells to retail shops. The company's 2015 post-closing trial balance is below: DR CR $50,985 $23,685 $1,300 $24,550 $ $- $1,400 $1,400 $ Account Cash Accounts Receivable ADA Inventory Notes Receivable Interest Receivable Computer A/D - Computer Equipment A/D - Equipment Accounts Payable Deferred Revenue Wages Payable FICA Payable FED WH Payable FUTA Payable Income Tax Payable Dividends Payable Notes Payable Common Stock Retained Earnings Dividends Interest Revenue Sales Revenue Sales Discounts Sales Returns & Allowances Cost of Goods Sold Bad Debt Expense Insurance Expense Depreciation Expense Utilities Expense Payroll Tax Expense Wages Expense Interest Expense Income Tax Expense Total $12,925 $3,350 $7,390 $- $ $ $3,850 5 $ $25,000 $45,405 $ $ S. $. $ $- $ $100,620 $100,620 Required A Record journal entries for the transactions below. Note you may need to introduce new accounts not listed on the trial balance above. B. Create an adjusted trial balance, multi-step income statement used for internal purposes statement of retained earnings, classified balance sheet, and statement of cash flows for Dor's Wholesale Shop year end 12/31/16, Prepare the closing entry and post-closing trial balance for Dot's Wholesale Shop 1/1/16 - Borrowed $50,000 from a local bank and signed a two-year note. The note had a 3% interest rate and all interest is due at the maturity date. 1/1/16 - Purchased equipment for $8,000 by paying cash. In addition, spent another $2,000 cash having the equipment modified before use. The equipment has a residual value of $1,000 and was expected to last 4 years. Doz will use the straight-line method when depreciating this asset. 2/1/16 - Received payment from a customer for sales made last year in the amount of $1,500. 2/1/16 - Paid wages owed to employees for work done previously in the amount of $7,000. 2/1/16 - Received and recorded a utility bill in the amount of $100. Payment will be made in March. 2/1/16-22 boxes of goods were purchased from Stone Company for $1,650 with the terms 4/10, /30. 2/5/16 -Returned two boxes of goods to the Stone Company 2/10/16-Paid the balance due to the Stone Company. 3/1/16 - Paid income taxes due from 2015 3/5/16-Paid the utility bill from February 3/10/16 - 20 boxes of goods (originally purchased from Stone) were sold to Jordan for $3,000 with the terms 2/10, 1/30. 3112/16 - Jordan returns five boxes of goods from 3/10/16 sale. 3/18/16 - Jordan pays the remaining balance owed. 4/1/16-Acustomer balance of $500 from a prior year was determined to be uncollectible and was written oft 6/30/16 - Payroll was run and paid out. Gross wages were 57,250, FICA withheld was $SSO, Federal Tax Withheld was $1,200 and there was no state tax. Unemployment taxes are estimated to be $175. 7/1/16-A note was received from Grant in exchange for a loan of $20,000 with a 4% interest rate, all interest and principal are due 6/30/17. 7/15/16 - Issued 1,000 shares of $1 par common stock for $3 per share 8/15/16 - A payment of SSO was received from a customer whose balance had previously been written off. 9/20/16-Goods costing $12.500 were sold to various customers on account for $25,000 10/15/16-Payment was received from customers for the sale on 9/20/16 in the amount of $16,000 11/1/16 - A 12-month insurance policy was purchased in the amount of $1,800. Coverage begins on 11/1/16. 12/1/16-A dividend of $0.25 per share was declared. It will be paid out on 12/31/16 to all who own the stock as of 12/15/16. (the original 25.000 shares of common stock should be included in this transaction) 12/15/16-A customer prepar $1.000 for goods that will be delivered in January 12/31/15-Abad debt estimate is made using the aging method. It was determined the finat balance in ADA for the year should be $1,550 12/21/16-Interest was accrued on the note receivable 12/11/16 interest was accrued on the note payable 12/31/16-Dividends were paid out Accounting 120 Final Case Fall 2021 12/31/16 - Depreciation was recorded on the equipment. 12/31/16-A LCM inventory calculation was done and it was determined the correct value of the inventory should be $11,200. 12/31/16 - Insurance expense was recorded for November through December. Dor's Wholesale Shop buys merchandise from manufacturers and sells to retail shops. The company's 2015 post-closing trial balance is below: DR CR $50,985 $23,685 $1,300 $24,550 $ $- $1,400 $1,400 $ Account Cash Accounts Receivable ADA Inventory Notes Receivable Interest Receivable Computer A/D - Computer Equipment A/D - Equipment Accounts Payable Deferred Revenue Wages Payable FICA Payable FED WH Payable FUTA Payable Income Tax Payable Dividends Payable Notes Payable Common Stock Retained Earnings Dividends Interest Revenue Sales Revenue Sales Discounts Sales Returns & Allowances Cost of Goods Sold Bad Debt Expense Insurance Expense Depreciation Expense Utilities Expense Payroll Tax Expense Wages Expense Interest Expense Income Tax Expense Total $12,925 $3,350 $7,390 $- $ $ $3,850 5 $ $25,000 $45,405 $ $ S. $. $ $- $ $100,620 $100,620 Required A Record journal entries for the transactions below. Note you may need to introduce new accounts not listed on the trial balance above. B. Create an adjusted trial balance, multi-step income statement used for internal purposes statement of retained earnings, classified balance sheet, and statement of cash flows for Dor's Wholesale Shop year end 12/31/16, Prepare the closing entry and post-closing trial balance for Dot's Wholesale Shop 1/1/16 - Borrowed $50,000 from a local bank and signed a two-year note. The note had a 3% interest rate and all interest is due at the maturity date. 1/1/16 - Purchased equipment for $8,000 by paying cash. In addition, spent another $2,000 cash having the equipment modified before use. The equipment has a residual value of $1,000 and was expected to last 4 years. Doz will use the straight-line method when depreciating this asset. 2/1/16 - Received payment from a customer for sales made last year in the amount of $1,500. 2/1/16 - Paid wages owed to employees for work done previously in the amount of $7,000. 2/1/16 - Received and recorded a utility bill in the amount of $100. Payment will be made in March. 2/1/16-22 boxes of goods were purchased from Stone Company for $1,650 with the terms 4/10, /30. 2/5/16 -Returned two boxes of goods to the Stone Company 2/10/16-Paid the balance due to the Stone Company. 3/1/16 - Paid income taxes due from 2015 3/5/16-Paid the utility bill from February 3/10/16 - 20 boxes of goods (originally purchased from Stone) were sold to Jordan for $3,000 with the terms 2/10, 1/30. 3112/16 - Jordan returns five boxes of goods from 3/10/16 sale. 3/18/16 - Jordan pays the remaining balance owed. 4/1/16-Acustomer balance of $500 from a prior year was determined to be uncollectible and was written oft 6/30/16 - Payroll was run and paid out. Gross wages were 57,250, FICA withheld was $SSO, Federal Tax Withheld was $1,200 and there was no state tax. Unemployment taxes are estimated to be $175. 7/1/16-A note was received from Grant in exchange for a loan of $20,000 with a 4% interest rate, all interest and principal are due 6/30/17. 7/15/16 - Issued 1,000 shares of $1 par common stock for $3 per share 8/15/16 - A payment of SSO was received from a customer whose balance had previously been written off. 9/20/16-Goods costing $12.500 were sold to various customers on account for $25,000 10/15/16-Payment was received from customers for the sale on 9/20/16 in the amount of $16,000 11/1/16 - A 12-month insurance policy was purchased in the amount of $1,800. Coverage begins on 11/1/16. 12/1/16-A dividend of $0.25 per share was declared. It will be paid out on 12/31/16 to all who own the stock as of 12/15/16. (the original 25.000 shares of common stock should be included in this transaction) 12/15/16-A customer prepar $1.000 for goods that will be delivered in January 12/31/15-Abad debt estimate is made using the aging method. It was determined the finat balance in ADA for the year should be $1,550 12/21/16-Interest was accrued on the note receivable 12/11/16 interest was accrued on the note payable 12/31/16-Dividends were paid out Accounting 120 Final Case Fall 2021 12/31/16 - Depreciation was recorded on the equipment. 12/31/16-A LCM inventory calculation was done and it was determined the correct value of the inventory should be $11,200. 12/31/16 - Insurance expense was recorded for November through December