NEED HELP

Lizzie, Inc. sells toy mice to high end pet stores. The company has been in business for many years and uses the calendar year for accounting purposes. The company uses the perpetual method to account for its inventory.

Following is Lizzie's trial balance for calendar year 2023 through December 20th. This trial balance does not reflect the transactions that occurred during the last 11 days of the year or adjustments that are necessary, as described by the additional information below. The Loan payable is due in 36 months (hint: current or non current).

1. The company received payment to settle a $10,000 Account receivable on December 21. The terms of the receivable were 5/10, N 30 and the payment reflected that it was within the discount period.
2. On Dec 22, the company settled with cash a $15,000 Account payable with a vendor who sold the company inventory on December 18 (the balance is included in Accounts payable at Dec 20). The terms of the payable were 5/10, N 30 and the payment reflected that it was within the discount period.
3. The company sold $7,300 of toy mice on December 22. The terms of the sale were 5/10, N 30. The cost (inventory) of the mice was $2,000.
4. The company's president, Elizabeth, decided the company needed more capital, so she sold more stock on December 30th for $13,000
5. The equipment was purchased near the beginning of the year. $8,300 of its cost expired this year.
6. Interest of $335 is owed on December 31, but has not been recorded.
7. Supplies on hand at year end were counted, and amount to $3,000.
8. December's rent of $1,600 is owed, but has not been recorded.

1. Set up a three column General Ledger and drop in the account balances from the provided trial balance.
2. Set up a General Journal and prepare the necessary entries through yearend.
3. Post journal entries to your General Ledger set up in (B) and determine the adjusted balances of the accounts. and create an adjusted trial balance.

\begin{tabular}{|c|c|c|} \hline & Debits & Credit \\ \hline Cash & $25,400 & $ \\ \hline Accounts receivable & 13,000 & - \\ \hline Supplies & 10,790 & - \\ \hline Inventory & 21,000 & - \\ \hline Equipment & 44,000 & - \\ \hline \begin{tabular}{l} Accumulated \\ depreciation \end{tabular} & - & - \\ \hline Accounts payable & - & 22,000 \\ \hline Rent payable & - & - \\ \hline Loan payable & - & 33,500 \\ \hline Interest payable & - & - \\ \hline Capital stock & - & 16,000 \\ \hline Retained earnings & - & 21,000 \\ \hline Sales & - & 60,590 \\ \hline \end{tabular} Sales - Discounts Cost of goods sold 4,000 Rent expense 9,000 Salaries expense 20,000 Supplies expense Depreciation expense Interest expense 500 Utilities expense 5,400 $153,090$153,090