I have done the journal entries. Im only having trouble doing the General Ledger, which includes balances, the income statement, statement of retained earnings and the balance sheet. I dont think Im wording it the correct way or imputing the stuff correctly. I recently asked this same question, but the answer was incomplete.

SUMMARY INFORMATION BACKGROUND: Ruby's Jewelry was incorporated on January 1, 2010 with 20,000 shares of $1 par value common stock authorized. All 20,000 shares have been issued. The company's accounting period ends on December 31 of each year ACCOUNTING POLICIES: The company uses the following generally accepted accounting principles in presenting financial information: 1. 2. 3. INVENTORY VALUATION- First-in, first-out method on a perpetual basis. Physical counts are conducted at the end of the year to determine the quantity and value of merchandise inventory on hand. DEPRECIATION- Straight-line. a. b. As of the close of business on November 30, 2017, the company had the following trial balance: Ruby's Jewelry Post-Closing Trial Balance As of November 30, 2017 Acct Account Title Credit Debit $ 360,000 $ 294,270 S 640,500 S 760,000 1110 Cash 1120 Accounts Receivable 1130 Merchandise Inventory 1230 Equipment 1231 Accumulated Depreciation- Equipment 2110 Accounts Payable 2210 Income Tax Payable 3010 Common Stock ($1 Par) 3020 Paid-In Capital in Excess of Par 3030 Income Summary 3040 Retained Earnings 4010 Sales Revenue 5020 Cost of Goods Sold 6010 Salaries & Wages Expense 6060 Telephone& Utility Expense 6070 Rent Expense 6120 Depreciation Expense- Equipment 6410 Income Tax Expense 239,400 432,000 20,000 $ 899,750 S 60,250 $ 5,053,000 $ 2,765,650 $ 1.502,480 169,000 $ 212,500 Total S 6,704,400 S 6,704.400