I have already set up the journal entries and adjusted entries but i need help setting up the trial balance. please help

CAPTAIN FISHING INC.
BALANCE SHEET
DECEMBER 31, 2014
Current Assets
Cash	50,800
Notes Receivable	16,000
Accounts Receivable	41,800
Less: Allowance for Doubtful Accounts	-3,000
Inventories	40,000
Prepaid Insurance	540
Total Current Assets	146,140
Non-Current Assets
Long-term Investments
Investments in held-for-maturity securities	51,000
Land held for future development	45,500
Property, Plant, and Equipment
Land	85,000
Buildings	675,000
Less: Accumulated Depreciation	-187,500
Intangible Assets
Capitalized Development Costs	8,000
Goodwill	76,000
Other Identifiable Intangible Assets	48,000
Total Non-Current Assets	801,000
Total Assets	947,140
Current Liabilities
Notes Payable	110,000
Accounts Payable	32,500
Unearned Revenues	12,000
Income Taxes Payable	9,440
Property Taxes Payable	6,600
Interest Payable	1,500
Total Current Liabilities	172,040
Non-Current Liabilities
Provisions Related to Pensions	93,100
Bonds Payable	300,000
Total Non-Current Liabilities	393,100
Total Liabilities	565,140
Stockholders' Equity
Common Stock	100,000
Preferred Stock	100,000
Paid-in-capital - Common Stock	27,500
Paid-in-capital - Preferred Stock	10,000
Retained Earnings	152,250
Accumulated Other Comprehensive Income	5,000
Less: Treasury Stock	-12,750
Total Stockholders' Equity	382,000
Total Liabilities and Stockholders' Equity	947,140

The 2014 balance sheet of the Captain Fishing Inc. is attached. During 2015, the following events occurred.

1. On January 10, sold merchandise on account to Rayms $8,500 and Fischer $7,600. Terms 2/10, n/30.

2. On January 12, purchased merchandise on account from Zapfel $3,200 and Liotta $2,600. Terms 1/10, n/30.

3. On January 14, received checks, $4,500 from Longhini and $2,500 from Hall, for sales on account after discount period has lapsed.

4. On January 15, sent checks to Joosten for 9,000 less 3% cash discount, and to Maida for $10,000 less 2% cash discount.

5. On January 16, issued credit of $500 to Fischer for merchandise returned.

6. On January 21, paid off the balances to Zapfel and Liotta for the purchases made on January 12.

7. On Feburary 9, received payment in full from Rayms and Fischer.

8. On March 1, paid rent of $9,600 for a two-year term starting from July 1, 2015.

9. On April 1, the company CEO paid $49,999 from her savings bank account to purchase a car for personal use.

10. On April 12, paid $700 cash for office supplies.

11. Cash dividends totaling $1,600 were declared on June 13 and paid to stockholders on June 23.

12. Issued a note of $120,000 to bank (one year, annual interest rate 4%) for cash on July 1.

13. On July 5, purchased merchandise from Maida $32,000, terms 3/10, n/30.

14. On July 7, issued common stock 1000 shares, $10 par, in exchange of a land with a fair market value of $16,000.

15. On July 8, returned $300 of merchandise to Maida and received credit.

16. On August 1, sold merchandise to Lachey on account $80,000, term 1/10, n/30.

17. Paid off the balance to Maida on August 4.

18. On Auguest 8, paid utilities expense, $11,920.

19. On August 18, Lachey paid off its balance.

20. On September 1, paid cash $7,500 to Farmington for merchandise purchased last year.

21. On October 1, paid off notes payable $110,000 (issued in 2014) and associated interest $5,000 (this amount includes $1,500 interest payable on the balance sheet).

22. Over the year, cash sales to other retail customers were $16,500.

23. Over the year, sales and office employees earned $27,500 in salaries and wages, of which $2,500 remained as payable at the end of year.

24. On Dec 31, received an utilities bill of $1,250 (for December 2015) and paid off the bill on January 10, 2016.

25. On Dec 31, paid 5% interest on bonds payable.

Additional Information at the end of the year:

1 .Depreciation expense for the year was $14,800.

2. The company estimated that it will pay federal income tax, $5,550.

3. After physically counting, the company decided that the ending inventories was $41,164.

4. Based on its historical data, the bad debts expense are about $2,000.

5. Unearned revenue was decreased by $12,000.

6. The company expenses all of the supplies purchased during the year.

7. No insurance policy was effective during the year (will be effective from Jan 1, 2016).

8. The company uses the gross method to record its purchases and sales on credit.

9. The company adopts the periodic inventory system.

10. Rayms, Fischer, and Lachey had zero balance on account as of Jan 1, 2015

GENERAL JOURNAL

Tran #

Account Titles and Explanation

Debit

Credit

1

Accounts Receivable (Rayms)

8,500

Accounts Receivable (Fischer)

7,600

Sales (Revenue)

16,100

2

Purchase

5,800

Accounts Payable(Zapfel)

3,200

Accounts Payable(Liotta)

2,600

3

Cash

7,000

Accounts Receivable (Longhini)

4,500

Accounts Receivable (Hall)

2,500

4

Accounts Payable (Joosten)

9,000

Accounts Payable (Maida)

10,000

Cash

18,530

Cash Discount Received

470

5

Sales Return

500

Accounts Receivable (Fischer)

500

6

Accounts Payable (Zapfel)

3,200

Accounts Payable (Liotta)

2,600

Cash

5,742

Cash Discount Received

58

7

Cash

15,600

Accounts Receivable (Rayms)

8,500

Accounts Receivable (Fischer)

7,100

8

Prepaid Rent

9,600

Cash

9,600

9

Supplies

700

Cash

700

10

Retained Earnings

1,600

Dividends Payable

1,600

(Dividends Declared june 13)

11

Dividends Payable

1,600

Cash

1,600

(Dividends Payed June 23)

12

Cash

120,000

Notes Payable (4%)

120,000

13

Purchases

32,000

Accounts Payable

32,000

(A/P Maida; purchased merchandise 3/10, n/30)

14

Land

16,000

Common Stock

10,000

Paid-in Capital in Excess of Par-Common Stock

6,000

(Issued Common Stock for Land W/Value of 16000)

15

Accounts Payable

300

Purchases Returns and Allowances

300

(returned merchandise to Maida)

16

Accounts Receivable

80,000

Sales Revenue

80,000

(A/R Lachey; sold merchandise 1/10, n/30)

17

Accounts Payable

31,700

Cash

31,700

(Paid off remaining Maida bal. July 5)

18

Utilities Expense

11,920

Cash

11,920

(Paid utilities expense)

19

Cash

80,000

Accounts Receivable

80,000

(Received bal on acct from Lachey )

20

Accounts Payable

7,500

Cash

7,500

(Paid off Farmington acct bal)

21

Notes Payable

110,000

Interest Payable

1,500

Interest Expense

3,500

Cash

115,000

(Paid off Notes and Interest Payable)

22

Cash

16,500

Sales Revenue

16,500

(Cash sales to customers)

23

Salaries and Wages Expense

27,500

Cash

25,000

Salaries and Wages Payable

2,500

(Paid salaries to date)

24

Utilities Expense

1,250

Utilities Payable

1,250

(Paid utilities bill)

25

Interest Expense

15,000

Cash

15,000

(Paid interest on bonds payable)

ADDITIONAL INFORMATION

Depreciation Expense

14,800

Accumulated Depr

14,800

(Record deprec expense)

Income Tax Expense

5,550

Income Taxes Payable

5,550

(Estimated federal income taxes)

Inventory (ending)

41,164

Cost of Goods Sold

36,336

Purchases

37,500

Inventory (beginning)

40,000

Bad Debt Expense

2,000

Allowance for Doubtful Accounts

2,000

(To record bad debt expense)

Sales Revenue

12,000

Unearned Sales Revenue

12,000

Rent Expense

2,400

Prepaid Rent

2,400

Adjusted Entries

Debit

Credit

Date

Depreciation Expense

14,800

31-Dec

Accumulated Depreciation

14,800

31-Dec

Income Tax Expense

5,500

Income Tax Payable

5,500

31-Dec

Cost of Goods Sold

34,336

Inventory

34,336

31-Dec

Bad Debt

2,000

Allowance for doubtful accounts

2,000

31-Dec

Unearned Revenue

12,000

Revenue

12,000

31-Dec

Supplies Expense

700

Supplies

700

31-Dec

Prepaid insurance

540

Cash

540

Total Assets as of Dec 31, 2015				944,512
Net Income of 2015				1,272
Cash ending balance				47,608