I need the answer to this assigment please
Before you begin, print out all the pages in this workbook. Roth Contractors Corporation was incorporated on December 1, 2019. Required: Part A 1 Prepare journal entries to record the December transactions shown on page "Transactions Pt. A". General ledger account numbers and descriptions are not needed. 2 Post the entries to general ledger T-accounts. Part B 3 Prepare all necessary adjusting entries based on the information shown on the printed "Adj. Entries Pt. B" page. General ledger account numbers and descriptions are not necessary. 4 Post the entries to general ledger T-accounts and calculate balances. 5 Prepare an adjusted trial balance at December 31. 6 Prepare an income statement, statement of changes in equity, and balance sheet. Assume the fiscal year-end is December 31, 2019. 7 Prepare closing entries and a post-closing trial balance at December 31, 2019. 2019 December a. b. C. d. 2.280 700 Transactions Amount Issued common stock for cash 2,000 Paid cash for three month's rent: December 2019, January and February 2020 2,400 Purchased a used truck on credit (recorded as an account payable) 13,000 Purchased supplies on credit. These are expected to be used during the month (recorded as expense) 1,600 Paid for a one-year truck insurance policy, effective December 1 Billed a customer for work completed to date 6.000 Collected cash for work completed to date 4,000 Paid the following expenses in cash: Advertising Interest 700 Telephone 800 Truck operating 600 Wages 5,000 Collected part of the amount billed in f above 1,000 Billed customers for work completed to date 7,000 Signed a contract for work to be performed in January 2020 5,000 Paid the following expenses in cash: Advertising 600 Interest 600 Truck operating 900 Wages 2,000 Collected an advance on work to be done in January (the policy of the coproration is to record such advances as revenue at the the time they are received) 2,000 Received a bill for electricity used during the month (recorded as utilities expense) 800 i. j. k. 1. m. n. 2019 December 0. Amount p. 9. r. 5. Adjusting Entries One month of the prepaid insurance has expired. The December portion of the rent paid on December 1 has expired. Counted supplies and found this amount still on hand (recorded the amount used as an expense) The amount collected in transaction m is unearned at December 31. Three days of wages for December 29, 30, and 31 are unpaid. These will be paid in January One month of depreciation needs to be recorded. Estimated useful life of truck in years is: Income taxes expense to be paid in the next fiscal year. $100 $2,000 $2,900 t. u. $100