Need assistance with the following. General Journal Entries with closings, Incime Statement, Changes in Stockholder Equity, Balance Sheet, Statement of Cashflow, and Analysis (+-) if possible.

A Generic Securit Company had the following. balances as of January 1st, year 9.

Cash $93,000

Petty Cash $100

Accounts Receivable $21,390

Allowance for doubtful accounts $2,485

Supplies $180

Prepaid Rent $3,000

Merchandise Inventory (23 @ $280) $6,440

Equiptment $9,000

Van $27,000

Accumulated Depreciation $14,900

Salaries Payable $1,500

Common Stock $50,000

Retained Earnings $91,605

Transactions for Year 9

1. Paid the salaries payable from year 8.

2. Paid $9,000 on May 2, year 9 for one years office rent in advance.

3. Purchased $425 of supplies on account.

4. Purchased 145 alarm systems at a cost of $290 each. Paid cash for the purchase.

5. After numerous attempts to collect from customers, wrote off $2,060 of uncollectable accounts receivable.

6. Sold 130 alarm systems for $580 each plus sales tax of 5 percent. All sales were on account. (Be sure to compute cost of goods sold using the FIFO cost flow method.)

7. Record the cost of goods sold related to the sale from event 6 using the FIFO method.

8. Billed 107,000 of monitoring services fornthe year. Credit card sales amounted to $42,000 and the credit card company charges a 4 percent fee. The remaining $65,000 were sales on sccount. Sales tax is not charged on this service.

9. Replenished the perty cash fund on June 30. The fund had $5 cash and has receipts of $60 for yard mowing, $15 for office supplies expense, and $17 for miscellanious expenses.

10. Collected the amount due from the credit card company.

11. Paid the sales tax collected on 69,600 of the alarm sales.

12. Paid installers and other employees a total of $65,000 for salaries for the year. Assume the social security tax rate is 6 percent and the medicare tax rate is 1.5 percent. Federal income taxes witheld amounted to $7,500. Cash was paid fornthe net amount of salaries due.

13. Generic Security Company now offers a one year warranty on its alarm systems. Paid $1,950 in warranty repairs during the year.

14. On September 1, borrowed $12,000 from State Bank. The bote had an 8 percent interest rate and a one year term to maturity.

15. Collected $136,100 of sccounts receivable during the year.

16. Paid $15,000 of advertising expense for the year.

17. Paid $7,200 of utilities expense for the year.

18. Paid $7,000 of the Federal Income Tax Payable, $3,600 of the FICA Tax - Social Security Tx payable and $900 of the FICA Tax- Medicare Tax Payable. Also paid the payroll Tax expense for the 7.5% employee matching of FICA Taxes on $60,000 of salaries.

19. Paid the accounts payable.

20. Paid a dividend of $10,000 to the shareholders.

Adjustments

20. There was $165 of supplies on hand at the end of the year.

21. Recognized the expired rent for the office building for the year.

22. Recognized uncollectsble accounts expense for the year using the allowance method. The company revised its estimate of uncollectable accounts based on prior years' experience. This year Generic Security estimates that 2.75 % of sales on account will not be collected.

23. Recognized depreciation expense on the equiptment and the van. The equiptment has a five year life and a $2,000 salvage value. The van has a four year life and a $6,000 salvage value. The company uses double declining balance for the van and straight line for the equiptment. ( A full years depreciation was taken in year 8, the year if acquisition.)

24. The alarm systems sold in transaction 6 were covered with a one year wareanty. Generic security estimated that the warranty cost would be 3% of alarm sales.

25. Recognized the accrued interest on the note payable at December 31, year 9.

26. The unemployment tax in salaries has not been paid. Recorddd the accrued unemployment tax on the salaries for the year. The unemployment tax rate is 4.5 % ($14,000 of salaries is subject to this tax.)

27. Recognized the employer Social Security and Medicare payroll tax that has not been paid on $5,000 of salaries expense.