im having problems getting the balance sheet to balance

Instructions 1. Record the following journal entries for Clemente Construction Company. .A items below pertain to the two-year construction contract with the DiMaggio Hotel Group (DHG). The information below is for the first year of the contract. neeunt a. Signed a construction contract for $400,000 with DHG. 6. Clemente used materials equal to the last five digits of your student ID number. Therefore, if your ID number is 123456789, then materials used for the construction project for DHG amounted to $56,789. Clemente paid $40,000 for items (e.g., a direct payment to a contractor) used in the construction project. A. Clemente incurred construction costs equal to the first four digits of your student ID number. Therefore, if your ID number is 123456789, use $1,234 for these costs. This amount is on account. 553 Clemente sent a bill to DHG for work on this project. The bill was for $150,000. Clemente collected cash from DHG. The amount collected equals $125,000 plus the first four digits of your student ID number. Therefore, if your ID number is 123456789, then $126,234 (i.e., $125,000 + $1,234) is collected. g. Clemente recorded the journal entry for the revenue earned and expenses incurred so far on this construction project. The estimated cost to complete this construction contract is $200,000. Therefore, the total estimated cost of this project consists of the costs that you recorded above plus $200,000. In making the calculation of the percentage completed, try not to round the percentage. For your journal entry, however, round to the nearest dollar. 2. Using the information on the trial balance on the next page plus the information that you recorded above, prepare the following: a. Another trial balance (TB), b. An income (operating) statement, and -yeu end c. A balance sheet. Sege dete 3. The income statement and balance sheet should be professional in appearance. Be sure to include a proper heading. [Note: Ignore the zeroes at the beginning of your student ID number but include any zeroes that come after your first non-zero number. For example, if your student ID number is 000543210980, you would use 54321 as the first 5-digits for your student ID number, and 10980 as the last 5-digits of your student ID number. In addition, the last 4-digits would be 0980 or 980.] Note: Below is the trial balance (TB) for the fiscal year end for Clemente Construction Company. This TB does not include your journal entries that you need to make per the instructions on the previous hand-out. The TB below has also been posted to Blackboard. Clemente Construction Company Trial Balance August 31, 2019 Cr Dr TA Eash 595,921 Accounts Receivable, net Construetion-in-Progress 375,484 350,752 Billings on EIP th Materials Inventory Other Eurrent Assets- Equipment Ceca Accumulated Depreciation Deferred-Income Taxes- Accounts Payabte Accrued Liabilities- Long-Term Debr Common Stock Addition Paid-In Capital Retained Earnings eTreasury Stock Dividends 195,486 Conta 06,955 9,200 2,586,179 898,875 21,H6 176,203 175,463 714,395 246,841 1,695,119 126,767 t 92,485 78,250 T.S.- Construction Revenue 2,635,983 2,193,730 378,752 21926 Construction Expenses General & Administrative Expenses Income Tax Expense Other Income Other Expense 24.489 78,871 6,889,621 Total 6,889,621 Instructions 1. Record the following journal entries for Clemente Construction Company. .A items below pertain to the two-year construction contract with the DiMaggio Hotel Group (DHG). The information below is for the first year of the contract. neeunt a. Signed a construction contract for $400,000 with DHG. 6. Clemente used materials equal to the last five digits of your student ID number. Therefore, if your ID number is 123456789, then materials used for the construction project for DHG amounted to $56,789. Clemente paid $40,000 for items (e.g., a direct payment to a contractor) used in the construction project. A. Clemente incurred construction costs equal to the first four digits of your student ID number. Therefore, if your ID number is 123456789, use $1,234 for these costs. This amount is on account. 553 Clemente sent a bill to DHG for work on this project. The bill was for $150,000. Clemente collected cash from DHG. The amount collected equals $125,000 plus the first four digits of your student ID number. Therefore, if your ID number is 123456789, then $126,234 (i.e., $125,000 + $1,234) is collected. g. Clemente recorded the journal entry for the revenue earned and expenses incurred so far on this construction project. The estimated cost to complete this construction contract is $200,000. Therefore, the total estimated cost of this project consists of the costs that you recorded above plus $200,000. In making the calculation of the percentage completed, try not to round the percentage. For your journal entry, however, round to the nearest dollar. 2. Using the information on the trial balance on the next page plus the information that you recorded above, prepare the following: a. Another trial balance (TB), b. An income (operating) statement, and -yeu end c. A balance sheet. Sege dete 3. The income statement and balance sheet should be professional in appearance. Be sure to include a proper heading. [Note: Ignore the zeroes at the beginning of your student ID number but include any zeroes that come after your first non-zero number. For example, if your student ID number is 000543210980, you would use 54321 as the first 5-digits for your student ID number, and 10980 as the last 5-digits of your student ID number. In addition, the last 4-digits would be 0980 or 980.] Note: Below is the trial balance (TB) for the fiscal year end for Clemente Construction Company. This TB does not include your journal entries that you need to make per the instructions on the previous hand-out. The TB below has also been posted to Blackboard. Clemente Construction Company Trial Balance August 31, 2019 Cr Dr TA Eash 595,921 Accounts Receivable, net Construetion-in-Progress 375,484 350,752 Billings on EIP th Materials Inventory Other Eurrent Assets- Equipment Ceca Accumulated Depreciation Deferred-Income Taxes- Accounts Payabte Accrued Liabilities- Long-Term Debr Common Stock Addition Paid-In Capital Retained Earnings eTreasury Stock Dividends 195,486 Conta 06,955 9,200 2,586,179 898,875 21,H6 176,203 175,463 714,395 246,841 1,695,119 126,767 t 92,485 78,250 T.S.- Construction Revenue 2,635,983 2,193,730 378,752 21926 Construction Expenses General & Administrative Expenses Income Tax Expense Other Income Other Expense 24.489 78,871 6,889,621 Total 6,889,621