i need A and B done first

Part A The Westbrooke Cinema rents its premises from the Westbrooke Shopping Centre. The business has been open for a month and the management wants to find out if the business has made a profit or loss. Using the additional information and the trial balance provided, do the following: 1. Complete an eight-column work sheet. 2. Prepare the monthly financial statements. 3. Set up a General Ledger with the appropriate accounts and balances. 4. Journalize and post the adjusting and closing entries. 5. Prepare a post-closing trail balance. Additional Information: Straight-line depreciation method was used by Westbrooke Cinema. The equipment depreciates 20% per year. (Note: Calculate the depreciation to the nearest dollar value). Rent was prepaid for three months on January 1. Insurance was prepaid for three months on January 1. Supplies on hand January 31 were valued at $260. . . Westbrooke Cinema Trail Balance January 31, 2020 Acc. No. Debit Credit Account 100 115 116 117 120 200 201 300 $5656 6 000 1 800 520 89 563 $890 10 387 94 212 301 1 600 15 493 2 407 Cash Prepaid Rent Prepaid Insurance Supplies Equipment Accounts Payable Bank Loan V. Schultz, Capital V. Schultz, Drawings Ticket Sales Confectionary Income Salaries Expense Advertising Expense Film Rental Expense Cleaning Expense Telephone Expense Equipment Repairs & Maintenance Expense Film Transportation Expense Heating Expense Electricity and Water Expense General Expense 6 801 2 563 400 401 500 501 502 503 504 505 506 507 508 509 3 563 850 95 2 293 248 858 632 350 $123389 $123389 121 302 Additional Accounts: Accumulated Depreciation - Equipment Income Summary Depreciation Expense - Equipment Rent Expense Insurance Expense Supplies Expense 510 511 512 513 Part B The following source documents came across the desk of the accountant during the month of February. Do the following: 1. Journalize the source documents and post to the General Ledger 2. Prepare a trial balance. Feb 7 Cash register receipts from the box office for the week showing transactions No. 5345 to No. 6253 for a total sales of $2 858. Weekly sales report for the confectionary $225. Purchases invoices numbered 3817 and 5112 received from: Electronics Canada Ltd., $256 for final adjustments to the projector The Daily Sentinel. $750 for newspaper advertisements. Cheques issued to: City Hydro, No. 375. $350 for electricity and water Bell Canada, No. 376, $45 for telephone service Feb 14 Cash register receipts from the box office for the week showing transactions No. 6254 to No. 8871 for a total sales of $7 534. Weekly sales report for the confectionary $612. Purchases invoices numbered 5528 and T581 received from: International Film Distributors, $1 289 for rental of the film from Feb 1 to 7 Commercial Cleaners Ltd. $420 for cleaning for the first half of the month Cheques issued to: Craig Stationers, No. 377. $35 for supplies International Film Distributors, No. 378, $890 on account V. Schultz, the owner, No. 379, $350 for personal use Employees, No. 380 to 390, for a total of $2 890 for salaries from Feb 1 Feb 21 Cash register receipts from the box office for the week showing transactions No. 8872 to No. 11 608 for a total sales of $8 132. Weekly sales report for the confectionary $657. Purchases invoices numbered S71985, DC475 and 3297F received from: Air Canada, $178 for transportation of the film CCHH Radio and TV. $371 for spot advertising Stinson Fuels, $356 for oil Cheques issued to: Electronics Canada Ltd., No. 391, $256 on account The Daily Sentinel, No. 392, $750 on account Triangle Office Supply, No. 393, S445 for supplies Feb 28 Cash register receipts from the box office for the week showing transactions No. 11 609 to No. 14 142 for a total sales of $7 483. Weekly sales report for the confectionary $589. Purchases invoices numbered 6315 and T699 received from: International Film Distributors, $2 658 for rental of the film from Feb 8 to 28 Commercial Cleaners Ltd., $435 for cleaning of the premises Cheques issued to: Commercial Cleaners Ltd., No. 394, $420 on account V. Schultz, the owner, No. 395, $350 for personal use Employees, No. 396 to No. 406, for a total of $2 635 for salaries from Feb 15 Part A The Westbrooke Cinema rents its premises from the Westbrooke Shopping Centre. The business has been open for a month and the management wants to find out if the business has made a profit or loss. Using the additional information and the trial balance provided, do the following: 1. Complete an eight-column work sheet. 2. Prepare the monthly financial statements. 3. Set up a General Ledger with the appropriate accounts and balances. 4. Journalize and post the adjusting and closing entries. 5. Prepare a post-closing trail balance. Additional Information: Straight-line depreciation method was used by Westbrooke Cinema. The equipment depreciates 20% per year. (Note: Calculate the depreciation to the nearest dollar value). Rent was prepaid for three months on January 1. Insurance was prepaid for three months on January 1. Supplies on hand January 31 were valued at $260. . . Westbrooke Cinema Trail Balance January 31, 2020 Acc. No. Debit Credit Account 100 115 116 117 120 200 201 300 $5656 6 000 1 800 520 89 563 $890 10 387 94 212 301 1 600 15 493 2 407 Cash Prepaid Rent Prepaid Insurance Supplies Equipment Accounts Payable Bank Loan V. Schultz, Capital V. Schultz, Drawings Ticket Sales Confectionary Income Salaries Expense Advertising Expense Film Rental Expense Cleaning Expense Telephone Expense Equipment Repairs & Maintenance Expense Film Transportation Expense Heating Expense Electricity and Water Expense General Expense 6 801 2 563 400 401 500 501 502 503 504 505 506 507 508 509 3 563 850 95 2 293 248 858 632 350 $123389 $123389 121 302 Additional Accounts: Accumulated Depreciation - Equipment Income Summary Depreciation Expense - Equipment Rent Expense Insurance Expense Supplies Expense 510 511 512 513 Part B The following source documents came across the desk of the accountant during the month of February. Do the following: 1. Journalize the source documents and post to the General Ledger 2. Prepare a trial balance. Feb 7 Cash register receipts from the box office for the week showing transactions No. 5345 to No. 6253 for a total sales of $2 858. Weekly sales report for the confectionary $225. Purchases invoices numbered 3817 and 5112 received from: Electronics Canada Ltd., $256 for final adjustments to the projector The Daily Sentinel. $750 for newspaper advertisements. Cheques issued to: City Hydro, No. 375. $350 for electricity and water Bell Canada, No. 376, $45 for telephone service Feb 14 Cash register receipts from the box office for the week showing transactions No. 6254 to No. 8871 for a total sales of $7 534. Weekly sales report for the confectionary $612. Purchases invoices numbered 5528 and T581 received from: International Film Distributors, $1 289 for rental of the film from Feb 1 to 7 Commercial Cleaners Ltd. $420 for cleaning for the first half of the month Cheques issued to: Craig Stationers, No. 377. $35 for supplies International Film Distributors, No. 378, $890 on account V. Schultz, the owner, No. 379, $350 for personal use Employees, No. 380 to 390, for a total of $2 890 for salaries from Feb 1 Feb 21 Cash register receipts from the box office for the week showing transactions No. 8872 to No. 11 608 for a total sales of $8 132. Weekly sales report for the confectionary $657. Purchases invoices numbered S71985, DC475 and 3297F received from: Air Canada, $178 for transportation of the film CCHH Radio and TV. $371 for spot advertising Stinson Fuels, $356 for oil Cheques issued to: Electronics Canada Ltd., No. 391, $256 on account The Daily Sentinel, No. 392, $750 on account Triangle Office Supply, No. 393, S445 for supplies Feb 28 Cash register receipts from the box office for the week showing transactions No. 11 609 to No. 14 142 for a total sales of $7 483. Weekly sales report for the confectionary $589. Purchases invoices numbered 6315 and T699 received from: International Film Distributors, $2 658 for rental of the film from Feb 8 to 28 Commercial Cleaners Ltd., $435 for cleaning of the premises Cheques issued to: Commercial Cleaners Ltd., No. 394, $420 on account V. Schultz, the owner, No. 395, $350 for personal use Employees, No. 396 to No. 406, for a total of $2 635 for salaries from Feb 15