Letters A- I please

MERCHANDISE COMPANY ACCOUNTING CYCLE (Perpetual System) Oct. 1: Owner invests cash S40,000 and building worth S50,000 7: Buy supplies on account, $3,000 8: Pay S1,000 of the amount due on the supplies 15: Purchase $10,000 of merchandise on account 19: Return $2,000 of the merchandise 25: Pay for the purchase (2/10 N/30) 27: Sell some merchandise for $15,000 on account (Cost 4,000) 29: Draw $3,000 cash 30: Pay advertising, $500 INSTRUCTIONS Journalize the above transactions C. Do a trial balance (dated Oct. 31s) 2. Supplies used $1200 A. B. Post to the T-accounts D. Do adjusting journal entries, as follows: 1. Building depreciation is $3,000 3. Receive telephone bill, $600 (not aying now) E. Post the adjusting entries to the T-accounts Do an adjusted trial balance F. G. Prepare the financial statements: 1. Income statement 2. Capital statement 3. Balance sheet Journalize closing entries Post the closing entries to the T-account H. I. BE/review