Need help on this accounting problem. There's no need to actually use excel if you prefer to handwrite/draw it instead that's completely fine.

Part B:

The second part of this assignment is very similar to Part A. You may reference the solution to the transaction analysis spreadsheet from Part A (picture below) to help you in Part B. Your assignment in Part B is to first prepare journal entries in the General Journal tab of this spreadsheet for the same transactions that you analyzed in Part A. After preparing your journal entries, post your entries to the T-accounts in the General Ledger (T-Accounts) tab. Start by inserting the beginning balances in the T-accounts from the Year 0 Balance Sheet and then post your journal entries from the General Journal. Next, calculate the ending balance in each account. Then, prepare Year 1 financial statements based on the ending balances in each T-account. Finally, go back to the General Journal and prepare closing entries. Post your closing entries to the General Ledger T-accounts. Finally, prepare a Post-Closing Trial Balance.

Solution to Part A (picture shown below):

Transaction Analysis Marketable Accounts Securities Receivable Irven Prepaid Ren PPSE Intangible Long-Te NotesUnarnedTax Salaries Interest Cammon RetainedIncame Statement Payatle Payeble Revenue Payable Payable Account Bal Sales Revenue 40,000)lCOG5 10,000) Sales Commission 80,000 Service Revenue Salaries Expense 0001Income Tax Expense vice Revenue Rent Expense Supplies Expense 0063,7004 43.500 63.000 45.000141 Transaction Analysis Marketable Accounts Securities Receivable Irven Prepaid Ren PPSE Intangible Long-Te NotesUnarnedTax Salaries Interest Cammon RetainedIncame Statement Payatle Payeble Revenue Payable Payable Account Bal Sales Revenue 40,000)lCOG5 10,000) Sales Commission 80,000 Service Revenue Salaries Expense 0001Income Tax Expense vice Revenue Rent Expense Supplies Expense 0063,7004 43.500 63.000 45.000141