I need help completing this assignment for AccountingManagerial Use and Analysis. I need this completed by Sunday May 22 10:00pm

REQUIREMENT #1: During its first month of operation, the Flower Landscaping Corporation, which specializes in residential landscaping, completed the following transactions: March 1 Began business by making a deposit in a company bank account of $72,000, in exchange for 7,200 shares of $10 par value common stock. March 1 Paid the current month's rent, $4,500. March 1 Paid the premium on a one-year insurance policy, $3,300. March 7 Purchased supplies on account from Parkview Company, $900. March 10 Paid employee salaries, $2,200. March 14 Purchased equipment from Hammond Company, $9,000. Paid $1,500 down and the balance was placed on account. Payments will be $375.00 per month for twenty months. The first payment is due 4/1. Note: Use Accounts Payable for the Balance Due. March 15 Received cash for landscaping revenue for the first half of March, $4,896. March 19 Made payment on account to Parkview Company, $450. March 31 Received cash for landscaping revenue for the last half of March, $5,304. March 31 Declared and paid cash dividend of $1,000. ntial landscaping, ayment is due 4/1. Prepare journal entries to record the March transactions in the General Journal below. Date March 1 March 1 March 1 March 7 General Journal Description(Account Name) Debit Credit Cash 72,000 Common Stock 72,000 Rent Expense Cash 4,500 Prepaid Insurance Cash 3,300 Supplies 4,500 3,300 900 Accounts Payable March 10 Salaries Expense Cash 900 2,200 2,200 REQUIREMENT #2: Post the March journal entries to the following T-Accounts and compute ending balances. (3/1) 72,000 (3/15) 4,896 (3/31) 5,304 Cash (111) (3/1) 4,500 (3/1) 3,300 (3/10) 2,200 (3/14) 1,500 (3/19) 450 (3/31) 1,000 Landscaping Revenue (411) 69,250 (3/1) Prepaid Insurance (117) 3,300 (3/1) Supplies (119) (3/7) 900 (3/14) 9,000 (3/10) Rent Expense (511) 4,500 Salaries Expense (512) 2,200 0 Equipment (144) Insurance Expense (513) Accumulated Depreciation -Equipment (145) Supplies Expense (514) Accounts Payable (212) 450 (3/7) 900 (3/14) 7,500 7,950 Depreciation Expense (515) (3/19) Income Taxes Payable (213) Common Stock (311) (3/1) 72,000 Retained Earnings (312) Dividends (313) (3/31) 1,000 Income Taxes Expense (516) ding balances. ndscaping Revenue (411) (3/15) 4,896 (3/31) 5,304 10,200 Rent Expense (511) Salaries Expense (512) nsurance Expense (513) Supplies Expense (514) epreciation Expense (515) ome Taxes Expense (516) REQUIREMENT #3: Prepare a trial balance for March in the space below. Flower Landscaping Corporation Trial Balance March 31 Cash Prepaid Insurance Supplies Equipment Accounts Payable Common Stock Dividends Landscaping Revenue Rent Expense Salaries Expense 69,250 3,300 900 9,000 7,950 72,000 1,000 10,200 4,500 2,200 90,150 90,150 Requirement #4: Prepare adjusting entries using the following information in the General Journal below. Show your calculations! a) One month's insurance has expired. 3,300/12=275 b) The remaining inventory of landscaping supplies is $475. 900-475=425 c) The estimated depreciation on landscaping equipment is $150. d) The estimated income taxes are $795. General Journal Date Description(Account Name) March 31 Insurance Expense Prepaid Insurance March 31 Supplies Expense Supplies Debit Credit 275 275 425 425 March 31 Depreciation Expense 150 Accumulated DepreciationEquipment 150 March 31 Income Tax Expense Income Tax Payable 795 795 Requirement #5: Post the adjusting entries to the General Ledger T-accounts and compute adjusted balances. Just add to the balances that are already listed. Requirement #6: Prepare an Adjusted Trial Balance in the space below. Flower Landscaping Corporation Adjusted Trial Balance March 31 All of these numbers are coming from the "General Ledger Tab" AFTER the adjusting entries were posted. Cash Prepaid Insurance Supplies Equipment Accumulated Depreciation - Equipment Accounts Payable Income Tax Payable Common Stock Dividends Landscaping Revenue Rent Expense Salaries Expense Insurance Expense Supplies Expense Depreciation Expense Income Tax Expense 69,250 3,025 475 9,000 150 7,950 795 72,000 1,000 10,200 4,500 2,200 275 425 150 795 91,095 91,095 ng entries were posted. Requirement #7: ALL OF THESE NUMBERS ARE FROM THE ADJUSTED TRIAL BALANC Prepare the financial statements for Flower Landscaping Corporation as of March 31 in the space below. You will only be preparing the Income Statement, Statement of Retained Earning and the Balance Sheet. The Statement of Cash Flows is a required Financial Statement, but is not required for this Project. Flower Landscaping Corporation Income Statement For the Month Ending March 31 Revenues: Landscaping Revenue Expenses: Rent Expense Salaries Expense Insurance Expense Supplies Expense Depreciation Expense Income Tax Expense Total Expenses Net Income 10,200 4,500 2,200 275 425 150 795 8,345 1,855 Flower Landscaping Corporation Statement of Retained Earnings For the Month Ending March 31 Retained Earnings, May 1 Add: Net Income Subtotal Less: Dividends Retained Earnings, May 31 0 1,855 1,855 1,000 855 HE ADJUSTED TRIAL BALANCE in the space below. the Balance Sheet. r this Project. Flower Landscaping Corporation Balance Sheet March 31 Assets: Cash Prepaid Insurance Supplies Equipment Less: Accumulated Depreciation Total Assets Liabilities: Accounts Payable Income Tax Payable Total Liabilities Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 69,250 3,025 475 9,000 150 8,850 81,600 7,950 795 8,745 72,000 855 72,855 81,600 Requirement #8: Prepare the closing entries at March 31 in the General Journal below. Hint: use the balances for each account which appear on the Adjusted Trial Balance for your closing entries. Date March 31 March 31 March 31 General Journal Description (Account Name) Landscaping Revenue Retained Earnings Debit Credit 10,200 From Income Statement 10,200 Retained Earnings Rent Expense Salaries Expense Insurance Expense Supplies Expense Depreciation Expense Income Tax Expense 8,345 Retained Earnings Dividends 1,000 4,500 From Income Statement 2,200 From Income Statement 275 From Income Statement 425 From Income Statement 150 From Income Statement 795 From Income Statement 1,000 This is from the Retained Earnings S Requirement #9: Post the closing entries to the General Ledger T-accounts and compute ending balances. Just add to the adjusted balances already listed. om Income Statement om Income Statement om Income Statement om Income Statement om Income Statement om Income Statement om Income Statement is is from the Retained Earnings Statement Requirement #10: Prepare a post-closing trial balance as of March 31 in the space below. Flower Landscaping Corporation Post-Closing Trial Balance March 31 ONLY the accounts from the BALANCE SHEET are listed Cash 69,250 Prepaid Insurance 3,025 Landscaping Supplies 475 Equipment 9,000 Accumulated Depreciation-Equipment Accounts Payable Income Tax Payable Common Stock Retained Earnings 150 7,950 795 72,000 855 81,750 81,750