I have a project due and I am just lost on it. This is my last assignment and then I am transferring to a different course. Can you help me do this?

COMPREHENSIVE PROBLEM

OJB Company began business in January, 2016. The following transactions occurred in February, 2016:

Feb 1Purchased supplies on account, $ 400.

2Received cash from customers on account, $ 1,750.

3Paid $ 400 on account.

5Paid technician $ 750 in salary, including the amount owed at the end of January.

8Billed customers for services provided on account, $ 3,200.

11Paid cash for advertising on a local website, $ 300.

12Received $ 3,875 cash for fees earned for jobs completed.

16Paid electricity bill for the month, $ 290.

17Received $ 8,200 cash for fees earned for jobs completed.

19Paid technician $ 750 in salary.

20Billed customers for services provided on account, $ 6,100.

22Received cash from customers on account, $ 9,500.

25Paid phone bill for the month, $ 120.

26Received cash from customers as an advance payment for technical support services to be provided in the future, $ 2,500.

27Billed customers for services provided on account, $ 3,900.

28Received cash from customers on account, $ 5,100.

28OJB withdrew $8,000 for personal use.

INSTRUCTIONS:

1.The chart of accounts and the post-closing trial balance as of January 31, 2016 are given. For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of the ledger. Date the balances February 1, 2016, and place a check mark ( ) in the Posting Reference column. Journalize each of the March transactions in the journal provided using OJB Company's chart of accounts.(Do not insert the account numbers in the journal at this time).

2.Post the journal to the ledger.

3.Pepair an unadjusted trial balance.

4.At the end of March, the following adjustment data were assembled. Use this data to complete instructions ( 5 ) and ( 6 ):

a.Supplies on hand were $ 600.

b.Rent expired during the month was $ 1,600.

c.Unearned fees at the end of the month were $ 2,000.

d.Insurance expired during the month was $ 300.

e.Accrued salaries payable were $ 240.

f.Depreciation on equipment during the month was $ 330.

5.Optional:Enter the unadjusted trial balance on an end-of-period spreadsheet/worksheet and complete the worksheet.

6.Journalize and post the adjusting entries.

7.Prepair an adjusted trial balance.

8.Prepair an Income Statement, Statement of Owner's Equity, and Balance Sheet.

9.Record and post the closing entries. Income Summary is account #33 in the chart of accounts. Indicate closed accounts in the ledger by inserting a line in both of the Balance columns opposite each closing entry.

10.Prepair a post-closing trial balance.

OJB COMPANY SERVICE CHART OF ACCOUNTS

11Cash

12Accounts Receivable

14Supplies

15Prepaid Rent

16Prepaid Insurance

18Office Equipment

19Accumulated Depreciation

21Accounts Payable

22Salaries Payable

23Unearned Fees

31OJB, Capital

32OJB, Drawing

33Income Summary

41Fees Earned

51Salary Expense

52Rent Expense

53Supplies Expense

54Depreciation Expense

55Insurance Expense

59Miscellaneous Expense

OJB COMPANY

POST-CLOSING TRIAL BALANCE

JANUARY 31, 2016

DEBITCREDIT

Cash22,100

Accounts Receivable3,400

Supplies1,350

Prepaid Rent3,200

Prepaid Insurance1,500

Office Equipment14,500

Accumulated Depreciation330

Accounts Payable800

Salaries Payable120

Unearned Fees2,500

OJB, Capital 42,300

46,050 46,050