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Transaction Analysis 1 On January 3 2019. issues $20,000 shares of common stock for cash 2 On January 5, 2019. purchases equipment on account for 53,500, payment due within the month 3. On January 9, 2019, receives $4.000 cash in advance from a customer for services not yet rendered 4. On January 10, 2019. provides $5,500 in services to a customer who asks to be billed for the services 5. On January 12, 2019 pays a $300 utility bill with cash 6: On January 14, 2019, distributed $100 cash in dividends to stockholders 7 On January 17, 2019, receives 52,800 cash from a customer for services rendered On January 18, 2019. paid in full with cash for the equipment purchase on January 5 9. On January 20, 2019 paid $3,600 cash in salanes expense to employees. 10 On January 23, 2019 received cash payment in full from the customer on the January 10 transaction 11 On January 27, 2019. provides $1.200 in services to a customer who asks to be billed for the services 12 On January 30, 2019. purchases supplies on account for S500, payment due within three months 8 Requirements Post the journal entries for the above transactions to the appropriate ledger accounts Prepare an unaciusled trial balance . Adjusting Entries On January 31 2019 Printing Plus makes adjusting entries for the following transactions 1. On January 31 Printing Plus took an inventory of its supplies and discovered that $100 of supplies had been used during the month 2. The equipment purchased on January 5 depreciated 575 during the month of January. Hint The two (2) accounts for this transaction are Depreciation Expense. Equipment and Accumulated Depreciation Equipment. The balance in the Accumulated Depreciation account is netted against the balance of the Equipment to give anet Equipment figure on the Balance Sheet. Do a quick Google Search for further clarification. Also read page 231 and 232 of your text. 3. Printing Plus performed $600 of services during January for the customer from the January 9 transaction 4. Reviewing the company bank statement. Printing Plus discovers $140 of interest earned during the month of January that was previously uncollected and unrecorded. Hint. The two (2) accounts for this transaction are. Interest Receivable and interest Revenue. 5. Employees earned $1.500 in salaries for the period of January 21-January 31 that had been previously unpaid and unrecorded . Financial Statement Preparation Requirements Joumalize the adjusting entries from January 31, 2019. for Printing Plus Post the adjusting entries to the appropriate ledger accounts Prepare an adjusted trial balance Create the income Statement Statement of Retained Earnings, and Balance Sheet Show the entries in T-account format that were used to closed the various accounts . . . Note/Hint: The three (3) highlighted sections are related