Peyton Approved Trail Balance 2018. I'm haveing a difficult time with this Trail Balance Sheet, Adjusting Journal Entries, and Income Statement. Any help would be very appreciated.

HVILI La NEVI View Help Calibri 11 A A General Autosur X Cut O Copy Format Painter Clipboard 25 Wrap Text Merge & Center AY O 4 BIU $ % 48-98 Conditional Format as Cell Formatting Table Styles Insert Delete Format Fill Clear Sort & Find & Filter Select Ideas Font Alignment Number Styles Cells Editing Ideas T34 f A B D E F G H 1 1 K M N Q R 5 4 2 date date date date 3 1-Jul Cash 10,000.00 10,000.00 Notes Payable 10,000 Business License exp 375.00 Common Stock 3-Jul 10 Jul 3-Jul 5 7-Jul 10-lul 11-Jul 6 10,000.00 10,000.00 Balance 10,000 1-Jul 6,000 13 Jul 16,000.00 16,000.00 Balance 375.00 375.00 Balance 7 8 3,000.00 375.00 250.00 200.00 300.00 2,400.00 13-Jul 14.Jul 31-Jul 10 11 31-lul 10,000.00 12 120.00 5-Aug 13 8-AUB 3,800.00 75.00 10-Aug 18 Aug 3,000.00 15 16 17 1,500.00 8,500.00 480.00 300.00 1B 19 15-Aug 20 AUR 20-Aug 22-Aug Insurance expense 31 Jul 20 31 Aug 12,500.00 Accounts Rec. 5,000.00 3,800.00 3,000.00 7,500.00 4,000.00 6,000.00 3- Aur 18 AUR 21 31 Aug 22 10,000.00 420.00 60.00 1-Sep 5-Sep 7-Sep 8-5ep 23 30-Sep 8-Sep 4,000.00 10,800.00 25 26 27 75.00 5,000.00 1,500.00 10-Sep 13-Sep 15-Sep 18,500.00 7,700.0D Balance 28 15 Sep August Journal Entries September Journal Entries Inventory Valuation T-Accounts Trial Balance Adjusting Entries Income Stat FF Type here to IVF Styles Cels T34 A B D F F G H K M N P 28 15-Sep 68.00 29 456.00 20 Sep 30 31 122.00 20-Sep 32 24-Sep 153.00 151.25 30-Sep 33 34 30-Sep 14,000.00 35 36 35,284.25 67,521.00 32,236.75 37 Balance 38 39 40 41 Misc. expense 250.00 11-Jul Baking equipment 6,000 Advertising expense 200.00 13-Jul 13-Jul 42 43 250.00 250.00 6,000.00 6,000.00 44 Balance 45 Balance 200.00 200.00 Balance 46 47 48 1-Jul 15-Aug 11-Sep Baking supplies 6,500 5,000 7,000 14-Jul 22 Aug Office supplies 300 300 7-Jul 15-Aug 15-Sep Rent expense 1,500 1,500 1,500 49 50 51 52 53 54 55 600.00 4,500.00 18,500.00 August Journal Entries September Journal Entries Inventory Valuation T-Accounts Trial Balance Adjusting Entries Income Stat PUUL Clipboard IN sics Clear Font Alignment Number Styles Cells T34 D E F K - 55 56 Balance G 600.00 B 18,500.00 18,500.00 M N P Balance 600.00 4,500.00 4,500.00 Balance 58 59 60 Prepaid rent 1,500 Prepaid insurance 61 62 7-Jul 31-Jul 2,400 63 Bakery Sales 15,000 31-Jul 20,000 31 Aug 20,000 30-Sep 55,000.00 55,000.00 Balance 1,500.00 1,500.00 2,400.00 2,400.00 Balance 64 65 Balance 66 67 68 69 Wages expense 120 70 1-Jul 30-Jul 31-Jul 5-Aug 10-Aug 71 72 73 Accounts payable 6,500.00 75 75 5,000 8,500 75 75 7,000.00 5,000 31-Jul 15 Aug 31-Aug 15-5ep 30 Sep 480 420 456 15 Aug 15-Aug 20 Aug 20- Aug 480 Wages payable 120 120 480 480 420 420 456.00 456 480.00 31-Aug 74 31-Aug 5. Sep 10-Sep 15 Sep 75 76 77 78 11-Sep 20-Sep 13-Sep 30-Sep 79 80 B1 13,650 18,650 5,000 Balance 1,476 82 83 Balance 1,956 1,956 1,956 480 Balance August Journal Entries September Journal Entries Inventory Valuation T-Accounts Trial Balance Adjusting Entries Income Stat... Ready Type here to search 1 Clipugard Font DIA Styles Alignment Clear Filter Number Styles T34 Cells Editing B D F G 82 1 K 5,000 Balance M Balance 1,956 N 480 Balance 0 R + 83 84 85 86 87 B8 depreciation expense 1-Sep Dividends 10,000 Telephone expense 75 75 30-Jul 31-Aug 89 90 91 Balance 10,000 10,000 BC dep 150 150 Interest expense 92 93 Balance 94 95 96 97 98 99 baking supplies expense Interest payable 15.Sep 24 Sep COGS FIFO 48.00 109.62 200 101 misc supplies expense 102 103 104 105 106 107 Balance 157.62 157.62 > 108 109 110 Merchandise Sales 68.00 August Journal Entries 15-Sep September Journal Entries Inventory Valuation T-Accounts Merch. Inv. FIFO Trial Balance Adjusting Entries Income Stat Ready e Type here to search O en 1 E90 34 A B D E F G J K L M N p 6 17 08 09 10 11 12 Merchandise Sales 68.00 153.00 15-Sep 24-Sep 7-Sep 15 Sep 20-Sep Merch. Inv. FIFO 60.00 48.00 122.00 109.62 151.25 333.25 157.62 175.63 24-Sep 221 221 Balance 30-Sep Balance 13 14 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 August Journal Entries September Journal Entries Inventory Valuation T-Accounts Trial Balance Adjusting Entries Income Stat Ready un teventury asset. See Inventory Valuation" tab for details. September 30: Purchase merchandise inventory for resale to customers. See "inventory Valuation" tab for details. September 30: Accrue employee wages for period of September 16th through September 30th September 30: Total September bakery sales are $20,000 $6,000 of these sales are on accounts receivable. Step Six Data (Click on the link to return to the prompt.) On September 30, the following adjustments must be made: . (Note: This is a sample.) Depreciation of baking equipment transferred to company on 7/13. Assume a half month of depreciation in July using the straight-line method Accrue interest for note payable. Assume a full month of interest for July (6% annual interest on $10,000 loan from parents.) Record insurance used for the year. Actual baking supplies on-hand as of September 30 are $1,100. Office supplies on-hand as of September 30 are $50. . Wage calculation data: Hours 10 40 Month 31 Jul. 15 Aug 31 Aug 15 Sep. 30 Sep. Rate 12 12 12 12 Pay 120 480 420 456 480 35 38 40 12 Off E B ACC 201 Final Project Workbook (7) Excel ome Insert Draw Page Layout Formulas Data Review View Help Cut Arial 12 Copy ' ' = SEE - 2 Wrap Text BIU - - A3 Merge & Cem Format Painter pard 12 Font Alignment f B D F Peyton Approved Adjusting Journal Entries 2018 Debit Credit Date Accounts 30-Sep Depreciation Expense accumulated depreciation 250 250.00 30-Sep 30-Sep 30-Sep 30-Sep 250.00 250.00 T-Accounts Trial Balance Adjusting Entries Income Statement Statement of R . Type here to search e B d E F G H 2 3 4 5 5 6 7 8. 10 11 12 13 14 15 16 Peyton Approved Trial Balance 2018 Unadjusted trial balance Adjusting entries Adjusted trial balance Account Debit Credit Debit Credit Debit Credit Cash Baking Supplies Merchandise Inventory (FIFO) Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation 250.00 250.00 Office Supplies Accounts Receivable Notes Payable Interest Payable Accounts Payable Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies Expense Rent Expense Interest Expense Insurance Expense DEO Damenintar u T-Accounts Trial Balance Balance Sheet Income Statement Adjusting Entries Statement of Retained Earnings Closing Entries 18 19 20 21 22 - 23 24 25 26 27 Ready O ED Type here to search e Cells fx =+'T-Accounts'IC82 A B D F F G H : Wages Payable Common Stock Dividends Bakery Sales Merchandise Sales Baking Supplies Expense Rent Expense Interest Expense Insurance Expense Depreciation Expense Misc. Expense Office Supplies Expense Business License Expense Advertising Expense Wages Expense Telephone Expense COGS (FIFO) 250.00 250.00 2 3 4 35 36 Total: (FIFO) 250.00 250.00 250.00 250.00 37 38 39 40 41 42 43 44 45 tement of Retained Earnings Balance Sheet Closing Entries ACC 201 Final Project Workbook () - Excel Search sert Draw Page Layout Formulas Data Review View Help Calibri 11 ' 2 Wrap Text Gener: BIU A EEE EE Merge & Center HA nter Font Alignment 2 D E F Peyton Approved Income Statement For Qtr. Ending 9/30/2018 Revenues Total Revenues Cost of Goods Sold Gross Profit (FIFO) Operating Expenses: Total Operating Expenses: Net Income (FIFO) T-Accounts Trial Balance Adjusting Entries Income Statement Statement of Retained Earnings Type here to search O TE e