I need help with these two problems I dont understand anything about it and need to turn it in by midnight can someone please help?

The unadjusted trial balance of Recessive Interiors at January 31, 2016, the end of the year, follows: Recessive Interiors UNADJUSTED TRIAL BALANCE January 31, 20-ACCOUNT TITLE 1 Cash DEBIT CREDIT 13,100.00 2 Supplies 8,000.00 3 Prepaid Insurance 7,500.00 4 Equipment 113,000.00 5 Accumulated Depreciation-Equipment 6 Trucks 12,000.00 90,000.00 7 Accumulated Depreciation-Trucks 27,100.00 8 Accounts Payable 4,500.00 9 Jeanne McQuay, Capital 126,400.00 10 Jeanne McQuay, Drawing 3,000.00 11 Service Revenue 155,000.00 12 Wages Expense 72,000.00 13 Rent Expense 7,600.00 14 Truck Expense 5,350.00 15 Miscellaneous Expense 5,450.00 16 Totals 325,000.00 325,000.00 The data needed to determine year-end adjustments are as follows: Supplies on hand at January 31 are $2,850. Insurance premiums expired during the year are $3,150. Depreciation of equipment during the year is $5,250. Depreciation of trucks during the year is $4,000. Wages accrued but not paid at January 31 are $900. Required: 1. For each account listed in the unadjusted trial balance, enter the balance in the appropriate Balance column of a four-column account and select the check mark in the Post. Ref. column. Enter Balance in the ITEM column. 2. (Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on an end-of-period work sheet and complete the work sheet. 3. a. Journalize the adjusting entries on Page 26 of the journal. Adjusting entries are recorded on January 31. Refer to the Chart of Accounts for account titles. b. Post the adjusting entries to the ledger, inserting balances in the accounts affected. Leave the ITEM column blank. 4. Prepare an adjusted trial balance. 5. Prepare an income statement, a statement of owner's equity, and a balance sheet.* 6. a. Journalize the closing entries on page 27 of the journal. Refer to the Chart of Accounts for account titles. b. Post the closing entries to the ledger, inserting balances in the accounts affected. If the account balance is zero (0), enter a zero (0) in the account's normal balance column. Leave the ITEM column blank. 7. Prepare a post-closing trial balance. * Be sure to read the instructions for each financial statement carefully. Labels Current assets Current liabilities Expenses Property, plant, and equipment Amount Descriptions Add withdrawals Decrease in owner's equity Increase in owner's equity Jeanne McQuay, capital, February 1, 2015 Jeanne McQuay, capital, January 31, 2016 Less withdrawals Net income Net loss Total assets Total current assets Total expenses Total liabilities Total liabilities and owner's equity Total property, plant and equipment Recessive Interiors Unadjusted Trial Balance 31-Jan-16 Debit Cash $ 13,100.00 Supplies $ 8,000.00 Prepaid Insurance $ 7,500.00 Property, plant and equipment $ 113,000.00 Accumulated Deprciation- Equipment Trucks $ 90,000.00 Accumulated Deprciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2015 Jeanne Mcquay, Drawing Service Revenue Wages Expenses Rent Expenses Truck Expense Miscellaneous Expenses $ $ 12,000.00 $ 27,100.00 $ 4,500.00 $ 126,400.00 3,000.00 $ $ $ $ Credit 72,000.00 7,600.00 5,350.00 5,450.00 $ 155,000.00 $ 325,000.00 $ 325,000.00 Date Account Debit 31-Jan Supplies Expense Supplies (8000-2850 = 5150) $ 5,150.00 31-Jan Insurance Expense Prepaid Insurance $ 3,150.00 31-Jan Depreciation Expense Accumulated Depreciation - Equipment $ 5,250.00 31-Jan Depreciation Expense Accumulated Depreciation - Truck $ 4,000.00 31-Jan Wage Expense Wages Payable $ Credit $ 5,150.00 $ 3,150.00 $ 5,250.00 $ 4,000.00 900.00 $ 900.00 Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation- Equipment Trucks Accumulated Depreciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2015 Jeanne Mcquay, Drawing Service Revenue Wages Expenses Rent Expenses Truck Expense Miscellaneous Expenses Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Wages Payable Recessive Interiors Adjusted Trial Balance 31-Jan-16 Unadjusted Debit Credit Debit $ 13,100.00 $ 8,000.00 $ 7,500.00 $ 113,000.00 $ 12,000.00 $ 90,000.00 $ 27,100.00 $ 4,500.00 $ 126,400.00 $ 3,000.00 $ 155,000.00 $ 72,000.00 $ $ 7,600.00 $ 5,350.00 $ 5,450.00 $ $ $ $ $ 325,000.00 $ 325,000.00 $ Adjusting Entries Credit $ $ 5,150.00 3,150.00 $ 5,250.00 $ 4,000.00 900.00 5,150.00 3,150.00 5,250.00 4,000.00 $ 900.00 18,450.00 $ 18,450.00 Adjusted Debit Credit $ 13,100.00 $ 2,850.00 $ 4,350.00 $ 113,000.00 $ 17,250.00 $ 90,000.00 $ 31,100.00 $ 4,500.00 $ 126,400.00 $ 3,000.00 $ 155,000.00 $ 72,900.00 $ 7,600.00 $ 5,350.00 $ 5,450.00 $ 5,150.00 $ 3,150.00 $ 5,250.00 $ 4,000.00 $ 900.00 $ 335,150.00 $ 335,150.00 Recessive Interiors Income Statement For the Year Ended January 31, 2016 Sales Revenue Less: Expenses Wages Expenses Rent Expenses Truck Expense Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Miscellaneous Expenses $ 155,000.00 Total Expenses $ 108,850.00 Net income $ $ $ $ $ $ $ $ $ 72,900.00 7,600.00 5,350.00 5,150.00 3,150.00 5,250.00 4,000.00 5,450.00 46,150.00 Recessive Interiors Statement of Owner's Equity For the Year Ended January 31, 2016 Add: Increase in owner's equity Less: Withdrawals $ $ $ 126,400.00 46,150.00 3,000.00 Jeanne McQuay, capital, January 31, 2016 $ 169,550.00 Jeanne McQuay, capital, January 31, 2015 Recessive Interiors Balance Sheet 31-Jan-16 Assets Current Assets Cash Supplies Prepaid Insurance $ $ $ 13,100.00 2,850.00 4,350.00 Total Current Assets $ 20,300.00 $ 95,750.00 $ 58,900.00 $ 174,950.00 $ 5,400.00 Total owner's equity $ 169,550.00 Total Liabilities and owner's equity $ 174,950.00 Property, plant and equipment Less: Accumulated Deprciation- Equipment $ 113,000.00 $ 17,250.00 Total property, plant and equipment Trucks Less: Accumulated Depreciation- Trucks Total trucks $ $ 90,000.00 31,100.00 Total Assets Liabilities Current Liabilities Accounts Payable Wages Payable $ $ 4,500.00 900.00 Total current liabilities Jeanne McQuay, capital, January 31, 2016 $ 169,550.00 Closing entries Date Account 31-Jan Service Revenue Income Summary Debit Credit $ 155,000.00 $ 155,000.00 31-Jan Income Summary Wages Expenses Rent Expenses Truck Expense Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Miscellaneous Expenses $ 108,850.00 31-Jan Income Summary Owner's Equity $ 169,550.00 31-Jan Dividends Income Summary $ $ $ $ $ $ $ $ $ 72,900.00 7,600.00 5,350.00 5,150.00 3,150.00 5,250.00 4,000.00 5,450.00 $ 169,550.00 3,000.00 $ 3,000.00 Recessive Interiors Post- Closing Trial Balance 31-Jan-16 Debit Cash $ 13,100.00 Supplies $ 2,850.00 Prepaid Insurance $ 4,350.00 Equipment $ 113,000.00 Accumulated Deprciation- Equipment $ Trucks $ 90,000.00 Accumulated Deprciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2016 Wages Payable $ 223,300.00 Credit $ 17,250.00 $ 31,100.00 $ 4,500.00 $ 169,550.00 $ 900.00 $ 223,300.00 Current Assets Current Liabilities Expenses Property, plant and equipment Add: Withdrawals Decrease in owner's equity increase in owner's equity Recessive Interiors Unadjusted Trial Balance 31-Jan-16 Debit Cash $ 13,100.00 Supplies $ 8,000.00 Prepaid Insurance $ 7,500.00 Property, plant and equipment $ 113,000.00 Accumulated Deprciation- Equipment Trucks $ 90,000.00 Accumulated Deprciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2015 Jeanne Mcquay, Drawing Service Revenue Wages Expenses Rent Expenses Truck Expense Miscellaneous Expenses $ $ 12,000.00 $ 27,100.00 $ 4,500.00 $ 126,400.00 3,000.00 $ $ $ $ Credit 72,000.00 7,600.00 5,350.00 5,450.00 $ 155,000.00 $ 325,000.00 $ 325,000.00 Date Account Debit 31-Jan Supplies Expense Supplies (8000-2850 = 5150) $ 5,150.00 31-Jan Insurance Expense Prepaid Insurance $ 3,150.00 31-Jan Depreciation Expense Accumulated Depreciation - Equipment $ 5,250.00 31-Jan Depreciation Expense Accumulated Depreciation - Truck $ 4,000.00 31-Jan Wage Expense Wages Payable $ Credit $ 5,150.00 $ 3,150.00 $ 5,250.00 $ 4,000.00 900.00 $ 900.00 Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation- Equipment Trucks Accumulated Depreciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2015 Jeanne Mcquay, Drawing Service Revenue Wages Expenses Rent Expenses Truck Expense Miscellaneous Expenses Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Wages Payable Recessive Interiors Adjusted Trial Balance 31-Jan-16 Unadjusted Debit Credit Debit $ 13,100.00 $ 8,000.00 $ 7,500.00 $ 113,000.00 $ 12,000.00 $ 90,000.00 $ 27,100.00 $ 4,500.00 $ 126,400.00 $ 3,000.00 $ 155,000.00 $ 72,000.00 $ $ 7,600.00 $ 5,350.00 $ 5,450.00 $ $ $ $ $ 325,000.00 $ 325,000.00 $ Adjusting Entries Credit $ $ 5,150.00 3,150.00 $ 5,250.00 $ 4,000.00 900.00 5,150.00 3,150.00 5,250.00 4,000.00 $ 900.00 18,450.00 $ 18,450.00 Adjusted Debit Credit $ 13,100.00 $ 2,850.00 $ 4,350.00 $ 113,000.00 $ 17,250.00 $ 90,000.00 $ 31,100.00 $ 4,500.00 $ 126,400.00 $ 3,000.00 $ 155,000.00 $ 72,900.00 $ 7,600.00 $ 5,350.00 $ 5,450.00 $ 5,150.00 $ 3,150.00 $ 5,250.00 $ 4,000.00 $ 900.00 $ 335,150.00 $ 335,150.00 Recessive Interiors Income Statement For the Year Ended January 31, 2016 Sales Revenue Less: Expenses Wages Expenses Rent Expenses Truck Expense Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Miscellaneous Expenses $ 155,000.00 Total Expenses $ 108,850.00 Net income $ $ $ $ $ $ $ $ $ 72,900.00 7,600.00 5,350.00 5,150.00 3,150.00 5,250.00 4,000.00 5,450.00 46,150.00 Recessive Interiors Statement of Owner's Equity For the Year Ended January 31, 2016 Add: Increase in owner's equity Less: Withdrawals $ $ $ 126,400.00 46,150.00 3,000.00 Jeanne McQuay, capital, January 31, 2016 $ 169,550.00 Jeanne McQuay, capital, January 31, 2015 Recessive Interiors Balance Sheet 31-Jan-16 Assets Current Assets Cash Supplies Prepaid Insurance $ $ $ 13,100.00 2,850.00 4,350.00 Total Current Assets $ 20,300.00 $ 95,750.00 $ 58,900.00 $ 174,950.00 $ 5,400.00 Total owner's equity $ 169,550.00 Total Liabilities and owner's equity $ 174,950.00 Property, plant and equipment Less: Accumulated Deprciation- Equipment $ 113,000.00 $ 17,250.00 Total property, plant and equipment Trucks Less: Accumulated Depreciation- Trucks Total trucks $ $ 90,000.00 31,100.00 Total Assets Liabilities Current Liabilities Accounts Payable Wages Payable $ $ 4,500.00 900.00 Total current liabilities Jeanne McQuay, capital, January 31, 2016 $ 169,550.00 Closing entries Date Account 31-Jan Service Revenue Income Summary Debit Credit $ 155,000.00 $ 155,000.00 31-Jan Income Summary Wages Expenses Rent Expenses Truck Expense Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense- Truck Miscellaneous Expenses $ 108,850.00 31-Jan Income Summary Owner's Equity $ 169,550.00 31-Jan Dividends Income Summary $ $ $ $ $ $ $ $ $ 72,900.00 7,600.00 5,350.00 5,150.00 3,150.00 5,250.00 4,000.00 5,450.00 $ 169,550.00 3,000.00 $ 3,000.00 Recessive Interiors Post- Closing Trial Balance 31-Jan-16 Debit Cash $ 13,100.00 Supplies $ 2,850.00 Prepaid Insurance $ 4,350.00 Equipment $ 113,000.00 Accumulated Deprciation- Equipment $ Trucks $ 90,000.00 Accumulated Deprciation- Trucks Accounts Payable Jeanne McQuay, capital, January 31, 2016 Wages Payable $ 223,300.00 Credit $ 17,250.00 $ 31,100.00 $ 4,500.00 $ 169,550.00 $ 900.00 $ 223,300.00 Current Assets Current Liabilities Expenses Property, plant and equipment Add: Withdrawals Decrease in owner's equity increase in owner's equity