Need help with the San Antonio home furnishings company. Case numbers Unadjusted trial balance tools: 97,115 Adjusted trial balance tools: 98,440 Net income: 16.282 Year-end retained earnings: 11,192 Year end total assets: 22,947 Post closing trial balance: 28,072

1) Using the infonmation given below (Trial Balance as of Ficb. 28), criter the beginning balanses in the T+ Accounts in the Accoenting Records Package. On page 2 note the format of the Financul Seatements that were peoduced hased on the Trial Balance as of Feth. 28 (single step income saiteracet and clessified balance shee1). 2) Use the descriptions of the March transactions which are ed page 3 te joumalive alli of the extries fec March in the journal provided in the Aeceunting Recurds Package. 3) Post each entry into the T-Accounts peovided in the Accounting Recerds Package. Whan finithed posting. calcalase the account balake foe each I-Nccount and enter the balance on the Laafjesal Trial Balance on the form provided. Then, use the information found on the botteen of puge 3 and aby aceeent balance infoemation that is needed to journalize and post the adjusting cntries. Calculate cach acceent balance. Records Package. 5) Using the provided templates in the Acceantiag Records Package, juepare the: a. Income Statement b. Statezent of Retained Eamityp c. Ealance Shoct 6) Write the four clowing entries in the jocamal and post them to the T-Accounts and culculate the endieg balance for cach acceunt. 7) Create the Post Clowing Trial Ralance on the form previded in the Nccounting Reserds Packaze. a. Financial Statements 1) Using the infonmation given below (Trial Balatce as of Iicb. 28), criter the becinning balanses in the T+ Accounts in the Accoenting Records Package. Ona page 2 note the format of the Fanancial Saterments that were peoduced hased on the Trial Balance as of Feb. 28 (single step income canemets and clacuified balance shee1) 2) Use the descriptions of the March transactions which are ce page 3 to jovenalive all of the ettries fer March in the journal provided in the Acceunting Recurds Prackage. 3) Post each entry into the T-Accounts peovided in the Accounties Recerds Package. When finithed Balance an the form provided. Ther, ave the information found on the botteen of puge 3 and aby aceesent balance infoemation that is needed to journalize and post the adjusting cutries. Calculate cach accourt balance. Records Package. 5) Using the provided templates in the Acceantiag Records Package, prepare the: a. Income Spatement b. Statement of Retained Eamierp c. Ealance Shoct 6) Write the four closing entries in the jocumal and post them to the T-Mcovunts and culculate the endisg balanee for cach acceunt. 7) Create the Post Closing Trial Ralance on the form previdod in the Aeceunting Rexerds Fackace. a. Financial Statements 1) Using the information given below (Trial Balance as of Feb. 28), enter the beginning balances in the TAccounts in the Accounting Records Package. On page 2 note the format of the Financial Statements that were produced based on the Trial Balance as of Feb. 28 (single step income statement and classified balance sheet). 2) Use the descriptions of the March transactions which are on page 3 to journalize all of the entries for March in the journal provided in the Accounting Records Package. 3) Post each entry into the T-Accounts provided in the Accounting Records Package. When finished posting, calculate the account balance for each T-Account and enter the balance on the Unadjusted Trial Balance on the form provided. Then, use the information found on the bottom of page 3 and any account balance information that is needed to journalize and post the adjusting entries. Calculate each account balance, 4) Using the T-Account balances, create an Adjusted Trial Balance on the form provided in the Accounting Records Package. 5) Using the provided templates in the Accounting Records Package, prepare the: a. Income Statement b. Statement of Retained Earnings c. Balance Sheet 6) Write the four closing entries in the journal and post them to the T-Accounts and calculate the ending balance for each account. 7) Create the Post Closing Trial Balance on the form provided in the Accounting Records Package. a. Financial Statements d March Transactions: Date Mar. 1 Supplies are purchased for cash $1,050. Mar, 1 Two years of insurance is purchased for cash, costing $4,800. Mar. 2 Paid rent expense of $1,200 for current month. Mar. 2 Supplies purchased on account for $380. Mar, 3 Received cash from customers on account, $3,500. Mar. 4 Paid creditor on account, \$215. Mar, 6 Paid $450 of salary to cmployees, of which $50 is accrucd from the prior month. Mar. 7 Received $1,100 from a customer in advance of providing the service. Mar, 8 Purchased merchandise from Leather Co, on account, 59,500 terms FOB Shipping Point, 2/10, n/30. Mar. 9 Paid $150 to San Antonio Pickup Service for transportation cost in connection with the purchase from the Leather Co. Mar. 9 Sold merchandise on account to Osgood Co., 58,800 , terms FOB Shipping Point, 1/10,n/30. The cost of the goods sold was $4,200. Mar. 18 Received a check from Osgood Co. for the sale on Mar. 9, less the discount. Mar. 18 Paid Leather Co. for the merchandise purchased on Mar, 8 , less the discount. Mar. 31 Dividends of 51,350 are paid. Additional Information for Adjusting Entries: (a) Supplies on hand at the end of the year, March 31, are 5625. (b) Record one month of insurance expense for March 31. (c) Depreciation of Equipment for the year, 51,325