i I need the answers for YEAR 2. It requires general journal, T accounts, trial balance, income statement, statement of changes, balance sheet, statement of cash flows, closing entries, closing t accounts, post closing trial balance.

Required information [The following information applies to the questions displayed below.] Colton Enterprises experienced the following events for Year 1, the first year of operation: 1. Acquired $37,000 cash from the issue of common stock. 2. Paid $12,200 cash in advance for rent. The payment was for period April 1 , Year 1 , to March 31 , Year 2. 3. Performed services for customers on account for $76,000. 4. Incurred operating expenses on account of $36,000. 5. Collected $58,500 cash from accounts receivable. 6. Paid $23,000 cash for salary expense. 7. Paid $28,800 cash as a partial payment on accounts payable. Adjusting Entries 8. Made the adjusting entry for the expired rent. (See Event 2.) 9. Recorded $2,800 of accrued salaries at the end of Year 1. Events for Year 2 1. Paid $2,800 cash for the salaries accrued at the end of the prior accounting period. 2. Performed services for cash of $25,000. 3. Purchased $3,000 of supplies on account. 4. Paid $11,100 cash in advance for rent. The payment was for one year beginning April 1, Year 2. 5. Performed services for customers on account for $92,000. 6. Incurred operating expenses on account of $43,500. 7. Collected $91,000 cash from accounts receivable. 8. Paid $41,000 cash as a partial payment on accounts payable. 9. Paid $31,700 cash for salary expense. 10. Paid a $11,000 cash dividend to stockholders. Adjusting Entries 11. Made the adjusting entry for the expired rent. (Hint. Part of the rent was paid in Year 1.) 12. Recorded supplies expense. A physical count showed that $550 of supplies were still on hand. g. Repeat parts a through f for Year 2