i need help in what to put on the last three pages

> Comprehensive Problem 1 for Chapters 1-4 Murphy Delivery Service completed the following transactions during December 2015 Dec. 1 Murphy Delivery Service began operations by receiving $13.000 cash and a truck with a fair value of $9.000 from Russ Murphy. The business issued Murphy shares of common stock in exchange for this contribution Paid 5600 cash for a six-month insurance policy. The policy begins December 1 Paid 5750 cash for office supplies Performed delivery services for a customer and received 52,200 cash Completed a large delivery job, billed the customer, 53,300, and received a promise to collect the 53,300 within one week 18 Paid employee salary. 5800 20 Received 57,000 cash for performing delivery services. Collected 52,200 in advance for delivery service to be performed later. 25 Collected $3,300 cash from customer on account. Purchased fuel for the truck, paying $150 on account. (Credit Accounts Payable) 28 Performed delivery services on account, $1,400 29 Paid office rent, $1,400, for the month of December 30 Paid $150 on account. 31 Cash dividends of 52,500 were paid to stockholders. Requirements 1. Record each transaction in the journal using the following chart of accounts Explanations are not required. Cash Retained Earnings Accounts Receivable Dividends Office Supplies Income Summary Prepaid insurance Service Revenue Truck Salaries Expense Accumulated Depreciation-Truck Depreciation Expense Truck Accounts Payable Insurance Expense Salaries Payable Fuel Expense Unearned Revenue Rent Expense Common Stock Supplies Expense 2. Post the transactions in the T-accounts. 3. Prepare an unadjusted trial balance as of December 31, 2018 4. Prepare a worksheet as of December 31, 2018 (optional). 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Past adjusting entries to the T-accounts Adjustment data: a. Accrued Salaries Expense, $800. b. Depreciation was recorded on the truck using the straight-line method. Assume a useful life of five years and a salvage value of $3,000, c. Prepaid Insurance for the month has expired. d. Office Supplies on hand, $450. e. Unearned Revenue earned during the month, $700. f. Accrued Service Revenue, $450. 6. Prepare an adjusted trial balance as of December 31, 2018. 7. Prepare Murphy Delivery Service's income statement and statement of retained earnings for the month ended December 31, 2018, and the classified balance sheet on that date. On the income statement, list expenses in decreasing order by amount--that is, the largest expense first, the smallest expense last. 8. Journalize the closing entries, and post to the T-accounts. 9. Prepare a post-closing trial balance as of December 31, 2018. Temporary Accounts Permanent Accounts Revenues Assets The closing process zeros out all revenue and expense accounts in order to measure each period's net income separately from all other periods. Closing entries - Transfer revenues, expenses, and Dividends to Retained Earnings Revenues and expenses may be transferred first to an account titled Income Summary - The Income Summary account summarizes the net income (or net loss) for the period. Expenses Liabilties Dividends Equity E 46 Closing Process STEP 1 Close revenues to Income Summary Service Revenue 17.500 Ad. Bol Income Summary 1170 Accounts and Explanation S Incon S ay 1750 Todowe STEP 2: CLOSE EXPENSES TO INCOME SUMMARY Accounts and p ain STEP 3: CLOSE INCOME SUMMARY TO RETAINED EARNINGS Income Summary Retained Earnings los 500 Cles A 8,550 Bal les 3.550 Oxona Parties Slanes Supplies Account and Explanation Debit Credit Depreciation Epense-Fune Deprecation i ng Retained Gaming So close come Summa Docher STEP 4: CLOSE DIVIDENDS TO RETAINED EARNINGS Retained Didends 0 A A 5000 SUMMARY OF CLOSING ENTRIES 500 3.550 . nand plantion D A andring Drand Dewend POST CLOSING TRIAL BALANCE ONLY PERMANTENT ACOUNTS) Eh 4-7 Post-Closing Tha Balance SUMMARY OF ACCOUNTING CYCLE SMART TOUW LEARNING Pou-Closing Balance December 31, 2015 Aaronttise O Account pole Papa Acorded Option- Land Art Site Poble Uhamed Revenue Nens Common och and Earnings $ 114,100 $ 114,100 Cash Basis Revenue recorded when cash is received Expenses recorded when cash is paid Not allowed under GAAP * - - Accrual Basis Revenue recorded when earned Expenses recorded when incurred Used by most businesses Deferrals (Cash first and work later) Deferred expenses O Advance payment of expenses O Treated as asset until used Examples Prepaid rent Office supplies Depreciation Deferred revenues Occurs when company receives cash before doing work or delivering goods When work is done or services performed, deferred revenue becomes earned revenue Example - Unearned revenue Accruals (Work first payment later) Accrued expenses Expenses business has incurred but not yet paid O Examples - Salaries interest - Utilities Accrued Revenues A company performs a service but has not yet collected cash A company delivers a product but not yet collected cash DEFERRALS-CASH RECIEPT OR CASH PAYMENT OCCURS FIRST Original Entry Adjusting Entry Prepaid Expenses: Debit Prepaid expense Debit expense (Rent, insurance, etc.) Credit Cash Credit Prepaid expense Supplies Expense: Debit Supplies expense Debit Supplies Credit Supplies Credit Cash or Accounts Payable Depreciation: Debit Depreciation expense Debit Furniture (asset) Credit Accumulated depreciation Credit Cash Unearned Revenue: Debit Unearned revenue Debit Cash Credit Service Revenue Credit Unearned Revenue ACCRUALS-CASH RECEIPT OR CASH PAYMENT OCCURS LATER Original Entry Adjusting Entry NO ORIGINAL ENTRY. Accrued Expense: Debit expense Credit payable Accrued Revenue: Debit Accounts Receivable Credit Service Revenue TWO RULES ABOUT ADJUSTING ENTRIES: 1. Adjusting entries never involve cash 2. Adjusting entries either: a. Increase a revenue account (credit revenue) or b. Increase an expense account (debit expense) Exhibit 3-6 Impact of Adjusting Entries on Financial Statements Type of Adjusting Entry Description Adjusting Entry Impact on Financial Statement if Adjusting Entries Are Not Made Deferred Expenses Advance cash payments of future expenses Asset CR Income Statement expenses understated net income overstated Balance Sheets overstated equity overstated Deferred Revenues Advance cash receipt of future revenues Laby Revenue DR CR Income Statement en understand net income understated Balance Sheet labities overstated equity understated Accrued Expenses An expense that has been incurred but not paid Expense Liability DR CR Income Statement expenses understated he income overstated Balance Sheet kabilities understated equily overstated Accrued Revenues A revenue that has been earned but cash has not yet been collected Asset Revenue DR CR Income Statement revenues understated net income understated Balance Sheet assets understated equity understated Credit Comprehensive Problem 1 For Chapters 1-4 Date Accounts and Explanation Dec 1 Cash Truck Common Stock Debit 13,000 9,000 22.000 1 Prepaid Insurance Cash 600 800 4 Office Supplies Cash 750 750 2.200 12 Cash Service Revenue 2,200 15 Accounts Receivable Service Revenue 3,300 3,300 18 Salaries Expense Cash 800 800 20 Cash Service Revenue 7,000 7,000 2.200 2.200 22 Cash Unearned Revenue 25 Cash Accounts Receivable 3,300 3,300 27 Fuel Expense Accounts Payable 150 150 1,400 28 Accounts Receivable Service Revenue 1.400 1,400 29 Rent Expense Cash 1.400 150 30 Accounts Payable Cash 150 2.500 31 Dividends Cash 2.500 21.00 COMPREHENSIVE PROBLEM quirement 2, 5 and 8 Accounts Payable DCC 30 10 100 DA Cash Dec 1 13.000 600 Dec Declad.200 750D Dec 0 7.000 800 Dec 18 a drac 1.400 DE Data 3.300 10 Dec 30 12.500 Dec 31 Bal. 21.500 D Salaries Payable Balance 800 Bal Add Unearned Revenue 700 2,200 Desaa Accounts Receivable Dec 15 3.300 3.300 Dec 25 DAC 78 .400 AJE 450 Bal. 1,400 Add: 1ECO la, Bal (11500 Add Retained Earnings Balance Occ4 Office Supplies 160 200 Ad) Bal Bal. Bal: 160 450 COMPREHENSIVE PROBLEM Common Stock 1 .000 pes Balance Dividends 300 Prepaid Insurance Loo 100 A Income Summary 190 1500 Truck Bal 9.000 Accumulated Depreciation-Truck TOO Service Revenue a.209 Dec 3.300 Dec 16 1.050 Dec 20 1,400 Dec 28 100 A 1 450 AdJ 12.900 Bal 15.05 Bal Salaries Expense De 1800 Depreciation Expense-Truck Add ICO Bal. 20 AdJ: 11,600) Insurance Expense AAN1100 Bal. 700D Fuel Expense 130 Dec 21 Rent Expense Supplies Expense 300 9 . Det Bal. Bal 300 COMPREHENSIVE PROBLEM Requirement 3 MURPHY DELIVERY SERVICE Unadjusted Trial Balance December 31, 2018 Account Title Cash Balance Debit Credit a1.500 1.400 760 9.00 Accounts Receivable Office Supplies Prepaid Insurance Truck Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Fuel Expense Rent Expense Total 2.599 150 900 3% 38,100 Requirements COMPREHENSIVE PROBLEM Credit Debit BOO Accounts and Explanation a Salome experi Kolone DOUddle b. Dedilexere A mulate dedicciation CO Inance CXDESC Diemid Iosonce suoces expense Ece 3uphes Uncamned Recove Service Recive 700 100 LA Suice Regene 450 45o COMPREHENSIVE PROBLEM Requirement 6 MURPHY DELIVERY SERVICE Adjusted Trial Balance BREFI Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation-Truck Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Depreciation Expense-Truck Insurance Expense Fuel Expense Rent Expense Supplies Expense Total Balance Debit Credit 2.500 1.850 450 500 9.000 100 So 1 500 22.000 15,050 LCO 100 SO 1,400 300 37.450 39.450 39,350 Requirement 7 COMPREHENSIVE PROBLEM MURPHY DELIVERY SERVICE Income Statement Month Ended December 31, 2018 Revenues Service Revenue Expenses: Salaries Expense Rent Expense Depreciation Expense Truck Fuel Expense Insurance Expense Supplies Expense Total Expenses Net Income MURPHY DELIVERY SERVICE Statement of Retained Earnings Month Ended December 31, 2018 Retained Earnings, December 1, 2018 Net Income for the month Dividends Retained Earnings, December 31, 2018 COMPREHENSIVE PROBLEM MURPHY DELIVERY SERVICE Balance Sheet December 31, 2018 Assets Current Assets: Cash Accounts Receivable Office Supplies Prepaid Insurance Total Current Assets Property Plant, and Equipment: Truck Less: Accumulated Depreciation Truck Total Property, plant, and Equipment Total Assets Liabilities Current Liabilities: Salaries Payable Unearned Revenue Total Current Liabilities Total Liabilities Stockhoders' Equity Common Stock Retained Earnings Total Liabilities and Owner's Equity Requirements COMPREHENSIVE PROBLEM Accounts and explanation 10 Explanation Debit Credit Requirement 9 MURPHY DELIVERY SERVICE Post-Closing Trial Balance December 31, 2018 Balance Debit Credit Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation-Truck Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Total