I can't figure iut wbats wrong with the trial balance and t accounts and maybe journal entries

NAME Financial Accounting Review Problem 1 JOURNALIZE THE FOLLOWING TRANSACTIONS 1. INVESTED $25.000 INTO JHJ SHOESTORE 2. Purchased $6,000 in SUPPLIES on account 3. PURCHASED 3,000 SHOES AT SIO EACH 4. PURCHASED 3,000 SHOES AT $20 EACH 5. Purchased 3,000 Shoes at $30 cach 6. PURCHASED $50,000 IN EQUIPMENT WITH A 5-year LIFE, PAYING $20,000 IN CASH AND PLACED THE REMAINING BALANCE ON A NOTE. Equipment salvage is estimated to be $5,000 7. CASH SALES OF 2,000 SHOES AT S100 EACH 8. Sales on account, 2,000 pairs of shoes at $100.00 each 9. JOURNALIZE ADJUSTING ENTRY FOR EQUIPMENT DEPRECIATION, DOUBLE DECLINING BALANCE METHOD 10. ENDING SUPPLIES $2,000; make adjusting entry II. PAID $5,000 IN DIVIDENDS 12. Collections on sales on account $150,000 13. Payment on account payable $50,000 14. Payment on note payable, $5,000 interest and $10,000 principal 15. Paid salary expense $85,000 16. Accrued salaries at end of year $4,000 *THE STORE UTILIZES WA INVENTORY METHOD* REQUIRED: 1. PREPARE INVENTORY CHART 2. PREPARE JOURNAL ENTRIES AND POST ALL ENTRIES TO LEDGER 3. PREPARE TRIAL BALANCE 4. PREPARE INCOME STATEMENT 5. PREPARE STATEMENT OF OWNERS EQUITY 6. PREPARE BALANCE SHEET 7. PREPARE CLOSING ENTRIES AND POST 8. PREPARE CASH FLOW STATEMENT Format Painter Cipboard Undo Font Algnment H43 D. IF. Acct type 100 400 Account ilCash Common Stock Dr. Cr. Type 25,000 4. 25,000 2 Supplies Account Payable 6,000 130 81 6,000 301 3 Shoe Inventory Cash 30000 120 100 10 30000 11 4 Shoe Inventory 120 100 12 60000 Cash 60000 13 14 5Shoe Inventory Cash 15 90,000 120 16 90,000 100 17 6 Equipment Cash 18 50000 220 11 20,000 30,000 19 100 20 350 21 Cash Revenue COGS Shoe Inventory 22 200000 21 100 23 200000 500 601 40,000 24 15 25 40,000 120 26 SlAccount Recievable 27 200,000 14 110 200,000 28 Revenue 500 COGS Shoe Inventory 40,000 29 15 601 30 40,000 120 31 9 Depreciation Expense Accumulated Depreciation 10,000 32 13 652 10,000 33 221 34 10 Supplies Expense 35 4,000 12 687 Inventory Flow Chart Journal Entries T-Accounts T-Accounts (2) Trial Bal. & Statements Closing Saved to OneDrive I'm Cortana. Ask me anything 35 10 Supplies Expense Supplies 4,000 12 687 130 36 4,000 37 11 Divdends 38 5,000 10 455 100 39 Cash 5,000 40 12 Cash 150,000 100 110 Account Recievable 42 13 150,000 13 Account Payable Cash 44 50,000 301 45 50,000 100 46 14 Note Payable Interest Cash 47 10,000 5,000 350 48 680 15,000 100 50 15 Salaries Expense Cash 51 85,000 610 100 52 53 85,000 16 Salaries Expense Accured Liability 54 4,000 18 610 307 55 56 4,000 57 58 59 50 51 Inventory Flow Chart Journal Entries T-Accounts T-Accounts (2) Trial Bal. & Statements Saved to OneDrive I'm Cortana. Ask me anything. 3. 00 PERMANENTACCOUNTS Supplien 600000 Ca Accts Recale 200 00 00 Shoe leveatory 30,00 00 60000 00 90.000 00 190.000 00 300.000 00 3.000 00 200.00 00 I50.000 00 30.000 00 60,000 00 90.00000 20.000 00 5.000 00 30.000 0 15.000 00 85,000 00 355,000 00 Rasinl Fring 10,000 00 Equipment Dedead 3,000 00 40000 0 40000 00 4.000 00 30,0000 50,00 1000 80000 00 20.000 Ad Depre Tqipment Accts Payale 50,000 00 Commin Stok 25000 00 Acccund Lihley Nate Pable 10.000 00 10,000 00 6.00000 4.000 0 000.00 0,000 20000 00 44,000 TEMPORARYACODUNTS Cont of Cd 40000 00 40.000 00 Nalarie Esp 85.000 00 Seppl Epee 200.000 00 20000000 28 Depreiation Epr 10000 00 latere Expene 3.000 00 verory o Chart Taccount TAceoonte ul temet Excel OneOve Doouments Study Problem 1-3 Seed Fle Home Insert Data Review View Help Tell me what you want to do Open in Desktop App T Nw Roman -12 A" A" Accounting Pate Amlum ffomat Pater Marge& Center Conditiona Foming Form Shop Slect Fart Agent Numter 20000 Accoust De 20000 00 50,000 00 100,000 00 2.000 00 Cash Accounts Recenable 4 Ivetory s Supplies 6 Equipment Acc Depee Equpment Accounts Payable Note Payable no Accured Liabilay 1 Common Stock Retained Earmings Dindends Revemue Cost of Goods Sold Salaries Expense teest Expene Supplies Expense Depreciation Expense TOTAL Income Statent For the Year adel 2013 Sales Less cost of goods sold Gross margn 400000 B0000 30,000.00 32000 10,000.00 40.000 00 20,000 00 4.000 00 25,000 00 Operating Espenses Salaries Expense leterest Expense Supplies Expense Depreciation Expense Total Expenses 89.000 5,000 4.000 10.000 108.000 5,000 400.000 80.000 89.000 5,000 4,000 10.000 $ 415,000 00 Net Income $212.000 499.000 00 Satement l Rataid Earing For the Yar Enled 203 Begunng R Add Net Income Les Didends Endng RE JJ Boktere Balance Sheet As of Decenber 31, 2013 Lisbilitien & Owner's Equity Accounts Payable Accured payable Note Payable ssets: sh counts Receivable Trial Bal.A Statements Closing Entries T-Accounts ) T-Accounts Inventory Flow Chart Journal Entries OneOrve I'm Cortana. Ask me anything