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I want an accounting word problem in the form of Journal, Ledger & Trial balance. The format is attached below with a question. To help

I want an accounting word problem in the form of Journal, Ledger & Trial balance. The format is attached below with a question.

To help Janette cover her college expense, parents provide Janette with a monthly allowance of $340. Besides, Janette earns $600 per month from the part-time job. Janette has to pay $200 in rent expense and $ 75 per month for her car insurance. Janette plans to spend monthly $80 on clothes, $50 for personal care, and $100 for entertainment. Janette also estimates her monthly eating out expense at $140, and she expects that $100 will be enough to cover all her other spending. Given that Janette follows the above income/spending schedule, how much can she put aside within eight months? Assume Janette puts the amount she put aside within eight months on the account that earns 4.75% per year, compounded annually. What would be the balance of this account in five years? Round your answers to the nearest dollar. Show your work.

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Date Debit Credit PR Debit Credit 101 25,000 301 25,000 106 6,000 101 16,350 1,100 500 6,000 2,400 4,500 6,000 107 2,400 101 2,400 Trial Balance Account No's Account Names ASSETS 101 Cash 102 Accounts receivable 103 Supplies 106 Prepaid insurance 107 Equipment 108 Furniture LIABILITIES 201 Accounts payable 203 Unearned service revenue EQUITY 301 Carl Redmon, Capital 302 Carl Redmon, Withdrawals REVENUE 401 Service revenue EXPENSES 502 Rent expense 503 Utilities expense TOTALS 4,700 1,200 108 4,500 201 Journal Accounts and Explanations 2-Dec Cash Carl Redmon, Capital Owner contribution 2-Dec Prepaid insurance Cash Paid for insurance in advance 3-Dec Equipment Cash Paid cash for equipment 4-Dec Furniture Accounts payable Paid for furniture on account 5-Dec Supplies Accounts payable Paid for supplies on account 9-Dec Accounts receivable Service revenue Performed services on account 12-Dec Utilities expense Cash Paid for utilities 18-Dec Cash Service revenue Performed services 4,500 25,000 500 1,600 103 201 500 2,500 102 1,700 401 1,700 750 200 503 200 33,400 33,400 101 200 101 800 401 800

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