please anwer this question as soo as possible. Thank you so much!

Learning Journal Unit 3 The Learning Journal is a space where you should reflect on what was learned during the week and how it applies to your daily life and will help you with your life (career goals. For this week's assignment, you will build on the Unit 2 learning journal by using the information in the attached template located in this unit's on the main page. Download the template and use it to fill in your answers (Income Statement, Statement of Retained Earnings, and Balance Sheet). Please complete the following tasks: Complete the Income Statement Complete the statement of Retained Earnings Complete the Balance Sheet. Explain what you most liked about the Unit 3 learning journal. Please answer in 75. 100 words. Explain what you least liked about completing the Unit 3 learning Journal. Please answer in 75 - 100 words, Submit your completed spreadsheet document and your answers to the questions in the Learning Journal submission area. B D C General Journal E 1 2 3 Journal # 4 Date Accounts and Description Debit Credit 5 6 #1 7 $20,000 10/1/2018 Cash Common Stock Initial investment: Cash received for stock ownership $20,000 8 9 10 #2 $11,000 11 12 13 14 10/1/2018 Delivery Van - Equipment Cash Bank Loan Purchase delivery van with cash and bank loan $4,000 $7,000 15 #3 10/3/2018 Baking Supplies Accounts Payable Purchased supplies on account 16 17 5900 $900 18 19 #4 20 21 22 23 #5 24 25 10/5/2018 Pre-paid Insurance Cash Paid annual premium for insurance policy - effective 10/1/2018 $1,800 $1,800 $4,800 10/12/2018 Accounts Receivable Service Revenue Billing for baking services rendered Cover General Journal Entries T Accounts Trial Balance $4,800 Income Statement Ready Stat B D F E $4,800 10/12/2018 Accounts Receivable Service Revenue Billing for baking services rendered $4,800 6 10/18/2018 Bank Loan $1,500 Cash $1,500 Loan payment on van loan #7 $500 10/18/2018 Accounts Payable Cash Payment to baking supplies vendor $500 10/20/2018 Salaries Expense $1,700 3 94 35 #8 36 37 38 39 #9 40 Cash $1,700 Payment of salaries $1,200 10/21/2018 Cash Accounts Receivable Collections of Accounts Receivable $1,200 41 42 43 W10 51.900 10/25/2018 Accounts Receivable Service Revenue Billing for baking services rendered $1,900 45 46 47 111 10/31/2018 Gas & Oil Expense Cover General Journal Entries $500 T Accounts Trial Balance Income Statement B D m F G 46 47 #11 48 49 50 10/31/2018 Gas & Oil Expense $500 Cash $500 Gas and Oil (expense) $800 $800 Debit 51 #12 10/31/2018 Dividend 52 Cash 53 Payment of dividend to shareholders 54 55 Adjusting entries: 56 57 (a) 10/31/2018 Accounts Receivable 58 Service Revenue 59 Adjust for unbilledfees earned in October 2018 60 61 (6) 10/31/2010 Depreciation Expense 62 Accumulated Depreciation 63 Record depreciation Credit 2500 2500 $500 $500 65 (c) 10/31/2010 Insurance Expense Pre-paid Insurance Adjust for the use (expense) of one month's pre-paid insurance $150 $150 68 69 ) 70 10/31/2018 Baking Supplies Expense Baking Supplies Cover General Journal Entries Taunts 5600 $600 D E F $150 B C 10/31/2010 Insurance Expense Pre-paid Insurance Adjust for the use (expense) of one month's pre-paid insurance 5. c) 6 7 58 69 (d) 70 $150 $600 10/31/2018 Baking Supplies Expense Baking Supplies Adjust for the use (expense) of $600 of supplies $600 $500 71 72 73 e 74 75 76 77 78 79 10/31/2018 Salaries Expense Salaries Payable To accure for employee salaries $500 B C D E H Pre-Paid Insurance Debit (4) $1,000 Credit Supplies Debit (3) 5900 Accounts Receivable Debit Credit (5) 54,800 51.2003 (10) 51.900 56,700 Credit $150 (0) Cash Debit Credit 5. (1 520.000 5 $4.000 (2) 7 $1,800 (4) $1.500 (6) 9 $500 10 $1,700 (3) 11 (9) 51.200 12 1600 (11) 13 5000 (12) 510400 5600 (d) (6) $2.500 Credi 16 17 18 Equipment Van 19 Debi 20 (251100 21 22 23 24 Aceum. Depreciation Debit Credit $200 Bank Loan Debit Accounts Payable Deble Credit $900 3) in $500 $100 Credit $7000 (2) 6) $1,500 $5.500 cover Get Journaltres T Accounts Trata ncome state A meenakshi sood Unit 3 Accounting Templates. (13) Protected View) - Excel Home Insert Page Layout Formulas Data Review View Help Tell me what you want to do PROTECTED VIEW Be careful--files from the Internet can contain viruses. Unless you need to edit it's safe to stay in Protected View Enable Editing Formulas 4 B C D E G H K Accum. Depreciation Debil Credit Credit Bank Loan Debit Equipment: Van 9 Debit 0 (2) $11,000 21 22 23 $200 ( Accounts Payable Debit Credit $900 (3) (1) $500 $400 Credit $7000 (2) (6) $1500 $5.500 24 26 27 20 29 30 Salaries Payable 31 Debit 32 30 Credit 1500) Revenue Debit Gas & Oil Expense Debi (11) 5500 Ced S400 (5) $1.500 (10) 56.700 Salaries Expense Debat (51 51.700 Oude $500 (e) $500 35 36 $2.200 2 500 59,200 59 200 30 39 40 Cover Generalne T Account tance come Statement B D E G H 10 41 42 Expense 13 D Credit Supplies Expense Dobe 5600 Depreciation Expense Crede Cred come Summary De 45 5200 5600 Credit $8.700 5.200 $2200 4 48 16 5500 s200 5150 50 51 52 $4450 st Dividend dinge 54 5 Common Stock 56 ST 520000 58 55 05 61 Debat 1200 Condt 55 5000 5500 C TA Type Breton O 2 E R T S F G H K . 2 B N . C D F G K Debit Adjusting Entries Credit Debit Beginnng Balance Credit 0 O 0 Unadjusted Trial Balance Debit Credit $10.400 $5,500 5900 51,800 $11,000 $2.500 d 5600 $150 0 0 $200 D 0 5100 A B 4 5 Account 6 7 Cash 8 Accounts Receivable 9 Baking Supplies 10 Prepaid Insurance 11 Equipment 12 Accumulated Deprec 13 14 Accounts Payable 15 Sales Payable 16 Bank Loan 17 18 Common Stock 19 Retained Emnings 20 Didends 21 22 Service Revenue 23 Gas & Ol Experts 24 Baking Supplies Expense 25 Depreciation Experte 26 ruance Expense 27 Salaries Expense 28 Cover $500 0 55,500 520.000 0 $800 56,700 $2.500 O $500 d D 0 5600 $200 $150 $500 53.950 52 General Journal Entines $1,700 $325001 Income Statement $3.950 y Accounts Trial Balance 532.600 Stal cot its safer to stay in Protected View Enable Editing AI X C D F G H K 0 0 $500 $5,500 $20,000 0 0 0 $800 B 15 Salanes Payable 15 Bank Loan 17 18 Common Stock 19 Retained Earrings 20 Dividends 21 22 Service Revenue 23 Gas & 01 Expense 24 Baking Supplies Expense 25 Depreciation Expense 26 Insurance Expense 27 Salaries Expense 20 29 30 31 0 56,700 $2,500 0 0 5500 0 D 5600 $200 5150 5500 $3.950 50 $1,700 $32,600 50 $32,600 $3.950 1 2 3 4 Happy House Bakeshop Income Statement for period of October 1 through October 31, 2018 Revenue 5 6 7 8 9 10 11 12 13 14 15 Less: Expenses Salaries Baking Supplies Gas & Oil Depreciation Insurance Total Expenses 16 17 18 19 Net Income 20 21 22 23 24 25 2 3 4 5 Happy House Bakeshop 6 Statement of Retained Earnings 7 For the month ended October 31, 2018 8 9 Beginning Retained Earnings 10 Net Income 11 Dividends 12 Ending Retained Earnings 13 14 15 16 17 18 19 4 Happy House Bakeshop 5 Balance Sheet as of October 31, 2018 6 7 Assets 8 Current Assets 9 Cash 10 Accounts Receivable 11 Baking Supplies 12 Pre-paid Insurance 13 Total Current Assets 14 15 Long Term Assets 16 Equipment 17 less: Accumulated Depreciation 18 Total Long Term Assets 19 20 Total Assets 21 22 Liabilities 23 Current Liabilities 24 Accounts Payable 25 Salaries Payable 26 Total Current Liabilities 27 28 Long Term Liabilities Trial Balance Income Statement Statement of Retained Earnings Balance Sheet .1 B C D 5 Salaries Payable 26 Total Current Liabilities 27 28 Long Term Liabilities 29 Bank Loan 30 Total Long Term Liabilities 31 32 Total Liabilities 33 34 Owners' Equity 35 Common Stock 36 Retained Eamings 37 Beginning Retained Earnings 38 Net Income 39 less: Dividends 40 Ending Retained Earnings 41 42 Total Owners' Equity 43 44 Total Liabilities and Owners' Equity 45 46