I need help with the T-Accounts please (top right-hand side) Thanks! An Example provided of how does the T-Accounts need to be written

Dr 10000 50,000.00 Cr 39003 S50,000.00 (Debit Account # Amount Credit Account # Amount) Notice that the account numbers do NOT have commas and the dollar amounts have commas and dollar signs and all dollar amounts have the cents even if it is zero, 2 If there is more than one debit enter the debit first with the smallest account numberis) listed first and then the credits with the smallest account number listed first. Make sure that you enter Dr or Cr before each account number. See example below: Dr 12000 $8,000.00 Cr 10000 $1,000.00 Cr 20000 $7000.00 3. For all sales, list the Sale entry first then the Cost of Goods Sold entry second. The entire entry for both should be on one line. First the sale, as shown below, then the cost of the inventory Again, put the smallest account number first if there are more than one debit or credit. Dr 10000 $30,000.00 Cr 23300 $500.00 Cr 40000 $29,000.00 Dr 50000 $15,000.00 Cr 12000 $8,000.00 Cr 12100 $7,000.00. Both entries should all be on one line. 4. If there is no journal entry and you only need to put in a number please enter the amount as the dollar amount or as a number as the example below. $15,000.00 or 15,000 When entering the ending balances for the T-Accounts enter the debit or credit first and the amount last. You do not need to enter the account number. See example below. 5. Dr $10,000.00 or Cr $10,000.00 If there is no journal entry to be written please write No JE for no journal entry. See below for 6. example. No JE 31. 9/10 ICk PEO14 Declarmd and pod a cash divadend of 5250 to Apr Morales Description Deposit No /Check No. Date Aprl Morales met with her lawver and CPA for advice on starting the business They decided that Ms. Mprales would organize the business as a corporation The lawyer told Ms. Morales to register the company name, AHH Boots, with the County of El Paso. In addition, Ms. Morales will get an employer identification number (EIN) from the Internal Revenue Service and pet a sales tax permit from the Comgptroller of Public Accounts. The lawyer agreed to prepare the Artidles of Incorporation to be filed with the Secretary of State of Texas. The CPA has agreed to help Ms. Morales set up Once all jeumal entries are recorded in the practice set, record the aine adiusting journal ontries below in the practice set and use September 30, 2019 as the dates for the tramactions. 9/02/19 1 The following are the adjusting lournel entries for the month of Soptember Record Adjusting Entries: Record the following morth end adjusting entries for the manth of September, Write the joumal entries in the practice set after the original journal entries Here round all answers to the nearest cent. 5200 of supplies remained on hand. $s0 of shipping supples remained on hand. $1,200 of wages for the part-time help from trene's Temp Services for September a. b c. should be accrued. Do not wory about payroll taxos Temp Services Inc, will handle her accounting system these Ms. Morales opened a business checking account at Wells Fargo Bank by depositing $40,000. The corporation issued her a stock certificate for5.000 shares of common stock with no par value. d. Make the necessary adjusting ontrios for ane month's depreciation for the furniture and fixtures using Straight Line Depreciation Make the nocessary adjusting entry for one month's depreciation for the computer equipment using Straight Line Depreciation. f. One month of the prepaid insurance has expired 9/02/19 Deposit #1 2 e Ms. Morales signed a one-year rental agreement with RIA Realtors for warehouse space. She was required to pay $8,100 for rent for the months of September 1,, 2019-December 31, 2019. 3. 9/03/19 Ck #1001 One manth of the prepaid rent has expired. S300 of prepaid advertising remains on hand h. Arranged for a general business liability insurance policy and paid $7,200 to State Farm Insurance. This premium is for twelve months coverace Record the interest for the loan L 9/03/19 Ck 1002 4. The interest on the computer has been recorded in journal entry 128 Make sure you prepare the journal entries and the adjusting entries, and write them in the practice set All T-accounts with the proper balances should be prepared. There is a template of how to set up the T- Accounts in Excel at the end of the practice set. Make sure to include all accounts even if they have a zero balance and make sure that the zero is on the normal side of the account. Once all the balances are in the T-Accounts and answers have been inputted into Blackboard please staple your T-Account page to 17 9/16/19 Purchased addtional brown bppts on accont for $3.500 from Betty's Boots. Credit terms are 2/15, n/30 Recorded internet sales for the frst fve days of operation. Ssles totaled $10,000. The sales tax collected totaled $825 The S0,825 was deposited in the bank. The cost of merchandise sold was 53.900 (brown boots cost $3.500 black boots cos ) Received and paid the $500 ivoice for supplies punchased on 18. 9/20/19 Deposit 3 the back cover of the practice set. elackboard Instructions When entering the journal entries into Blackboard please follow the examples below exactly 19. 9/22/19 k 1008 9/14/19. Ms. Morales donated two pais of boots to Cadfund a national children's charity for a fundraiser She felt that this was a good way to advertise her new business Her business was listed as a sponsor and a large ad was put in the fund raiser progeram. Cost of the brown boots were $250 and the black boots were $200. M Morales considers this an advertising expense Received payment in full from Carly's Crazy Shoes. The payment was deposited in the bank 1. Enter each transaction on one line. First the debit and then the credit. Do NOT enter any account names only account numbers, Use Dr for Debit and Cr for Credit with no period. Also please put the cents even if it is zero. See example below: 20. 9/23/19 21. 9/23/19 Current Assets Deposit 4 Stockholders' Equity Cash 10000 Ms. Morales paid her credit card bill for the month. The total was 5520 which was for incidentals for the office Paid for the boots purchased from Sassy Shoes on 9/08/19 Common Stock 39003 11000 Accounts Recevable 22. 9/23/19 Ck #1009 Retained Earnings 39005 Inventory-BN Boots Inventory-BLK Boats Office Supplies Dividends 12000 39007 23. 9/23/19 24. 9/23/19 C#1010 12100 Internet and retail sales totaled $12.000 and sales taxes of $990 was Deposit s collected. The cost of the merchandise sold was $5,700 (Brown boots $4,500: black boots $1,200). The money was deposited in the 13100 13200 Shipping Supplies Prepaid Rent Revenue 14000 bank 40000 Sales 14100 Prepaid Insurance Paid the balance due to Betty's Boots. There are two invoices; one on 9/8/19 and the other on 9/16/19 Sales of $5,000 was deposited from online customers and $413 of sales tax was collected. The cost of the merchandise was $500 for 25. 9/23/19 Ck 1011 Prepaid Advertising BN-Brown BLK 14200 xpenses 26. 9/25/19 Deposit s Cost of Gogds Sold 50000 Black Legal Expense Office Supplies Expense Shipping Supplies Expense Insurance Expense 60100 60150 brown boots and $2,000 for black boots Long-Term Assets 60200 27. 9/28/19 28. 9/30/19 Received but did not pay the electric bill for the month, $265. Paid the first monthly installment on the computer equipment. The payment amount is $420. Of this amount, $45 is for interest and $375 is for principal. Make the check payable to Office Mart Recorded internet sales for the last week of the month, Sales of 15000 Computer Equipment 60300 Ck 82012 Accumulated Depreciation 17000 Wages Expense Credit Card Expense 60350 -Computer Equipment 60400 15100 Furniture & Fixtures 60500 Advertising and Promotion Expense 29. 9/30/19 Deposit #7 Accumulated 17100 Utility Expense Depreciation-Furniture & 60550 $4,500 were deposited. The cost of the merchandise sold was $2,250 (Brown boots $250, Black boots $2,000). Sales tax collected Fixtures 60600 Rent Expense 60650 Depreciation Expense-Computer Equipment Depreciation Expense-Furniture & Foxtures is $371 30. 9/30/19 Ck #1013 Paid all sales tax owed for September to the Comptroller of Public Current Liabilities 60675 20000 Accounts Payable Accounts Note Payable-Wells Fargo 21100 60700 Interest Expense Bank Service Fee Bank 60750 21200 Note Payable- Office Mart Dr 10000 50,000.00 Cr 39003 S50,000.00 (Debit Account # Amount Credit Account # Amount) Notice that the account numbers do NOT have commas and the dollar amounts have commas and dollar signs and all dollar amounts have the cents even if it is zero, 2 If there is more than one debit enter the debit first with the smallest account numberis) listed first and then the credits with the smallest account number listed first. Make sure that you enter Dr or Cr before each account number. See example below: Dr 12000 $8,000.00 Cr 10000 $1,000.00 Cr 20000 $7000.00 3. For all sales, list the Sale entry first then the Cost of Goods Sold entry second. The entire entry for both should be on one line. First the sale, as shown below, then the cost of the inventory Again, put the smallest account number first if there are more than one debit or credit. Dr 10000 $30,000.00 Cr 23300 $500.00 Cr 40000 $29,000.00 Dr 50000 $15,000.00 Cr 12000 $8,000.00 Cr 12100 $7,000.00. Both entries should all be on one line. 4. If there is no journal entry and you only need to put in a number please enter the amount as the dollar amount or as a number as the example below. $15,000.00 or 15,000 When entering the ending balances for the T-Accounts enter the debit or credit first and the amount last. You do not need to enter the account number. See example below. 5. Dr $10,000.00 or Cr $10,000.00 If there is no journal entry to be written please write No JE for no journal entry. See below for 6. example. No JE 31. 9/10 ICk PEO14 Declarmd and pod a cash divadend of 5250 to Apr Morales Description Deposit No /Check No. Date Aprl Morales met with her lawver and CPA for advice on starting the business They decided that Ms. Mprales would organize the business as a corporation The lawyer told Ms. Morales to register the company name, AHH Boots, with the County of El Paso. In addition, Ms. Morales will get an employer identification number (EIN) from the Internal Revenue Service and pet a sales tax permit from the Comgptroller of Public Accounts. The lawyer agreed to prepare the Artidles of Incorporation to be filed with the Secretary of State of Texas. The CPA has agreed to help Ms. Morales set up Once all jeumal entries are recorded in the practice set, record the aine adiusting journal ontries below in the practice set and use September 30, 2019 as the dates for the tramactions. 9/02/19 1 The following are the adjusting lournel entries for the month of Soptember Record Adjusting Entries: Record the following morth end adjusting entries for the manth of September, Write the joumal entries in the practice set after the original journal entries Here round all answers to the nearest cent. 5200 of supplies remained on hand. $s0 of shipping supples remained on hand. $1,200 of wages for the part-time help from trene's Temp Services for September a. b c. should be accrued. Do not wory about payroll taxos Temp Services Inc, will handle her accounting system these Ms. Morales opened a business checking account at Wells Fargo Bank by depositing $40,000. The corporation issued her a stock certificate for5.000 shares of common stock with no par value. d. Make the necessary adjusting ontrios for ane month's depreciation for the furniture and fixtures using Straight Line Depreciation Make the nocessary adjusting entry for one month's depreciation for the computer equipment using Straight Line Depreciation. f. One month of the prepaid insurance has expired 9/02/19 Deposit #1 2 e Ms. Morales signed a one-year rental agreement with RIA Realtors for warehouse space. She was required to pay $8,100 for rent for the months of September 1,, 2019-December 31, 2019. 3. 9/03/19 Ck #1001 One manth of the prepaid rent has expired. S300 of prepaid advertising remains on hand h. Arranged for a general business liability insurance policy and paid $7,200 to State Farm Insurance. This premium is for twelve months coverace Record the interest for the loan L 9/03/19 Ck 1002 4. The interest on the computer has been recorded in journal entry 128 Make sure you prepare the journal entries and the adjusting entries, and write them in the practice set All T-accounts with the proper balances should be prepared. There is a template of how to set up the T- Accounts in Excel at the end of the practice set. Make sure to include all accounts even if they have a zero balance and make sure that the zero is on the normal side of the account. Once all the balances are in the T-Accounts and answers have been inputted into Blackboard please staple your T-Account page to 17 9/16/19 Purchased addtional brown bppts on accont for $3.500 from Betty's Boots. Credit terms are 2/15, n/30 Recorded internet sales for the frst fve days of operation. Ssles totaled $10,000. The sales tax collected totaled $825 The S0,825 was deposited in the bank. The cost of merchandise sold was 53.900 (brown boots cost $3.500 black boots cos ) Received and paid the $500 ivoice for supplies punchased on 18. 9/20/19 Deposit 3 the back cover of the practice set. elackboard Instructions When entering the journal entries into Blackboard please follow the examples below exactly 19. 9/22/19 k 1008 9/14/19. Ms. Morales donated two pais of boots to Cadfund a national children's charity for a fundraiser She felt that this was a good way to advertise her new business Her business was listed as a sponsor and a large ad was put in the fund raiser progeram. Cost of the brown boots were $250 and the black boots were $200. M Morales considers this an advertising expense Received payment in full from Carly's Crazy Shoes. The payment was deposited in the bank 1. Enter each transaction on one line. First the debit and then the credit. Do NOT enter any account names only account numbers, Use Dr for Debit and Cr for Credit with no period. Also please put the cents even if it is zero. See example below: 20. 9/23/19 21. 9/23/19 Current Assets Deposit 4 Stockholders' Equity Cash 10000 Ms. Morales paid her credit card bill for the month. The total was 5520 which was for incidentals for the office Paid for the boots purchased from Sassy Shoes on 9/08/19 Common Stock 39003 11000 Accounts Recevable 22. 9/23/19 Ck #1009 Retained Earnings 39005 Inventory-BN Boots Inventory-BLK Boats Office Supplies Dividends 12000 39007 23. 9/23/19 24. 9/23/19 C#1010 12100 Internet and retail sales totaled $12.000 and sales taxes of $990 was Deposit s collected. The cost of the merchandise sold was $5,700 (Brown boots $4,500: black boots $1,200). The money was deposited in the 13100 13200 Shipping Supplies Prepaid Rent Revenue 14000 bank 40000 Sales 14100 Prepaid Insurance Paid the balance due to Betty's Boots. There are two invoices; one on 9/8/19 and the other on 9/16/19 Sales of $5,000 was deposited from online customers and $413 of sales tax was collected. The cost of the merchandise was $500 for 25. 9/23/19 Ck 1011 Prepaid Advertising BN-Brown BLK 14200 xpenses 26. 9/25/19 Deposit s Cost of Gogds Sold 50000 Black Legal Expense Office Supplies Expense Shipping Supplies Expense Insurance Expense 60100 60150 brown boots and $2,000 for black boots Long-Term Assets 60200 27. 9/28/19 28. 9/30/19 Received but did not pay the electric bill for the month, $265. Paid the first monthly installment on the computer equipment. The payment amount is $420. Of this amount, $45 is for interest and $375 is for principal. Make the check payable to Office Mart Recorded internet sales for the last week of the month, Sales of 15000 Computer Equipment 60300 Ck 82012 Accumulated Depreciation 17000 Wages Expense Credit Card Expense 60350 -Computer Equipment 60400 15100 Furniture & Fixtures 60500 Advertising and Promotion Expense 29. 9/30/19 Deposit #7 Accumulated 17100 Utility Expense Depreciation-Furniture & 60550 $4,500 were deposited. The cost of the merchandise sold was $2,250 (Brown boots $250, Black boots $2,000). Sales tax collected Fixtures 60600 Rent Expense 60650 Depreciation Expense-Computer Equipment Depreciation Expense-Furniture & Foxtures is $371 30. 9/30/19 Ck #1013 Paid all sales tax owed for September to the Comptroller of Public Current Liabilities 60675 20000 Accounts Payable Accounts Note Payable-Wells Fargo 21100 60700 Interest Expense Bank Service Fee Bank 60750 21200 Note Payable- Office Mart