On October 1, Success Company had the following account balances:

Cash $12,000 Salaries Payable $7000

A/R 8,000 Capital 13,000

During October the following transactions took place:

October 5: purchased a machine for 4,000 cash

8: purchased supplies for 1,550 on account

10: owner invests 32,000 cash

14: paid 400 on account for the supplies

20: performed services on account, 21,000

24: paid rent, 2,200

27: withdrew 6,000 cash

WHATS IN BOLD HAS ALREADY BEEN ASNWERED ON CHEGG

(From post 1 on chegg)

1. Set up T-accounts and enter the October 1 balances.
2. Journalize the October transactions
3. Post to the T-accounts.

(From post 2 on chegg)

1. Do a trial balance on October 31.
2. Journalize adjusting entries based on the following:

the machine depreciated 775

420 of supplies were used up

receive Con Ed bill, $350 (not paying now)

(From post 3 on chegg)

1. Post the adjusting entries to the T-accounts
2. Do an adjusted trial balance
3. Prepare the three financial statements which are the

Income statement

owners equity statement

Balance sheet

This is post 4 and you only have to answer this part

1. Journalize closing entries
2. Post these entries to the T-accounts
3. Do a post-closing trial balance

(IF YOU CANT FIND THE PARTS ALREADY ANSWERED ON CHEGG---- please tell me the steps i would need to do in order to properly calculate 1,2 and 3!