Need help with T-account balances!

Francine's Fast Deliveries, Inc. Balance Sheet at January 1, 2012 Assets: Liabilities: Cash $ 1,400 Accounts Payable Accounts Receivable 850 Stockholders' Equity Supplies 650 Contributed Capital Retained Earnings $ 860 $ 1,500 540 Total Assets $2,900 Total Liabilities & Stk. Equity $2,900 January Transactions for Francine's Fast Deliveries, Inc. (FFD) Date 1 Owners invest $25,000 of additional cash in the business. 2a Supplies are purchased for $900 on account. 2b Insurance is paid for 12 months beginning January 1: $7,320 (Record as an asset) 2c Rent is paid for 3 months beginning in January: $3,600 (Record as an asset) 2d Two employees are hired. Each employee will be paid $1,360 per month 3 FFD borrows $28,000 from 1st State Bank at 6% annual interest. A delivery van is purchased for cash. Including tax the total cost was $45,600. It 6 will be used for 4 years and will be depreciated monthly using straight-line with no salvage value. A full month of depreciation will be charged in January 7 $595 of the receivables from December's sales are collected. 8 $688 of the accounts payable from December are paid. 9 Performed services for customers on account. Mailed invoices totaling $9,600. 10 Services are performed for cash customers: $6,720. 16 Wages for the first half of the month are paid on January 16: $1,360. 20 The company receives $3,200 from a customer for an advance order for services to be provided in January and February. 25 Collections from customers on account (see January 9 transaction): $3,840 30a The last 2 weeks wages earned by employees are $680 per employee and will be paid on February 3, 300 A $860 utility bill for January arrived. It is due on February 15. Additional Information for adjusting entries at January 31: Additio al Inforntion for adjusting entries at January 31: a. Supplies on hand on January 31 total $310. b. The company completed 60% of the deliveries for the customer who paid in advance on January 20 c. Interest is accrued for the bank loan. (Assume a full month for the 1st State Bank loan.) d. Record January depreciation. e. Adjust the prepaid asset (Rent and Insurance) accounts as needed. 3. Prepare an unadjusted trial balance using the T-Account balances. Credit FAST DELIVERIES, INC. Unadjusted Trial Balance January 31 Account Title Debit Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Required information FAST DELIVERIES, INC. Unadjusted Trial Balance January 31 Account Title Debit Credit ho M Cash Accounts Receivable Supplies Prepaid Insurance Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Notes Payable Wages Payable Interest Payable Contributed Capital Retained Earnings Service Revenue Wages Expenses Supplies Expenses Depreciation Expense Interest Expense Utilities Expense Totals 5 0 $ 0