must use headings from the list provided. quick response needed thanks

John Smith began a web-based computers and service company on October 1, 2015 caled Smith Toys Inc. The plans to prepare monthly adjustments that financial statement can be done nach month The following information is available for October 2015 (um perpetual inventory system) October 1 Smesind $12,000 cash along with $9.000 of computer equipment into his new business in exchange for 200 shares. The coupment is stimated to have a loof 5 years and have no valise her that time 1 Purchased months worth of insurance for $1.500 cash the insurance is effective immediately 1917,000 of merchandise was purchased from Courtand Corp on account forms 1/10,30 6. Purchased 55.000 of merchandise inventory from Vision Consulting Inc, tome 1/10. naoFoo shipping point Sold merchandise lo Bruce Bonner thatCOM $3,100 for $3,700 115.00 Z Received the October 6, 2015 purchase and paid cash Of 51.0 for shipping 11 The customer of October 6, 2015 lumed $700 of their purchase due to defects, the returned merchandise will not be returned to inventory 12 Sold merchandise to Bruce Bonner that cost $5.700 for $8.400 cath 13 Collected the bwance og rowding the Odober 6, 2015 sale 14 Bought 5500 fotice suppliespaid cash 14 Pad for the merchandise purchased from Vision Consulting in on October 6, 2016 15 Bought used to turn are for $1,500 cash. It is estimated that the US will be the furniture for 5 years and then donate to a charity 22 Paid for the merchandise purchased from Courtland Corp. on October 1, 2015 Additional information available at month end. October 31 A count of the office supplies showed a balance on October 31 0570 The merchandise inventory was counted and there was a balance on hand at October 31 of $12.400 The Odober vybaved from EUuty Company, the $550 balance owing must be paid by November 15, 2015 Please make sure your final answers are accurate to 2 decimal places. En an appropriile description when noring the transactions in the journal Dates must be entered in the format ddim January 15 would be 15 Jan) For each journal entry indicate how och account affects the balance sheet (Assots Lab Equity Use for increase and for decrease Forecample, count decreases equity choose Equity Prepare the journal entries based on the transactions that curred from October 1 to October 31. Also, record the adjusting entries for the month ended Odober 31 bed on the additional information and a review of the October transactions Adjusting entries: General Journal Date Account/Explanation Page Gj1 Credit Effect On Balance Sheet F Debit + Choose an Account or Heading egories: Accounts and Headings: Accounts Payable, Courtland Corp. sets Accounts Payable, Epcor bilities Accounts Payable, Vision Consulting Inc. lity Accounts Receivable, Bruce Bonner quity Accumulated Depreciation, Automobiles evenues Accumulated Depreciation, Boats xpenses Accumulated Depreciation, Building ther Accumulated Depreciation, Computer Equipment Accumulated Depreciation, Land Improvements Accumulated Depreciation, Machinery Accumulated Depreciation, Office Fixtures Accumulated Depreciation, Office Furniture Accumulated Depreciation, Store Equipment Accumulated Depreciation, Store Fixtures Accumulated Depreciation, Store Furniture Accumulated Depreciation, Trucks Advertising Expense Advertising Payable Search: Erase Cancel h h Choose an Account or Heading Categories: Accounts and Headings: All - Depreciation Expense, Office Fixtures Assets Depreciation Expense, Office Furniture u Liabilities Depreciation Expense, Store Equipment Equity Depreciation Expense, Store Fixtures Equity Depreciation Expense, Store Furniture Revenues Depreciation Expense, Trucks Expenses Dividends Other Income Summary Income Taxes Expense Income Taxes Payable Insurance Expense Interest Earned Interest Expense Interest Payable Interest Receivable Investment in Bonds Land Land Improvements Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All A Land Improvements Assets Long-Term Notes Payable Liabilities Long-term Investment in Shares Equity Machinery Equity Merchandise Inventory Revenues Mortgage Payable Expenses Notes Receivable Other Office Fixtures Office Furniture Office Salaries Expense Office Supplies Office Supplies Expense Patents Prepaid Advertising Prepaid Insurance Prepaid Interest Prepaid Rent Property Taxes Exnense Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Property Taxes Expense Assets Property Taxes Payable Liabilities Rent Earned Equity Rent Expense Equity Rent Payable Revenues Rent Receivable Expenses Rent expense, office space Other Rent expense, selling space Retained Earnings Salaries Expense Salaries Payable Sales Sales Discounts Sales Returns and Allowances Sales Salaries Expense Share Capital Short-Term Notes Payable Store Equipment Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All (Salaries Expense Assets Salaries Payable Liabilities Sales Equity Sales Discounts Equity Sales Returns and Allowances Revenues Sales Salaries Expense Expenses Share Capital Other Short-Term Notes Payable Store Equipment Store Fixtures Store Furniture Store Supplies Expense Trademark Trucks Unearned Consulting Revenue Unearned Rent Unearned Revenue Utilities Expense Search: Erase Cancel