Please assist me with the accounting ledger. Thank you in advance

I-02.04 Morgan Corporation opened the year 20X6, with the following trial balance information: Cash Accounts Receivable Land Accounts Payable Loan Payable Capital Stock Retained Earnings Dividends Revenues Salaries Expense Rent Expense Supplies Expense Interest Expense $ $ 25,000 75,000 150,000 250,000 $ 60,000 30,000 50,000 110,000 - $ 250,000 January's transactions are listed below: Jan. 2 Collected $10,000 on an open account receivable. Jan. 3 Purchased additional tract of land for $20,000 cash. Jan. 5 Provided services on account to a customer for $15,000. Jan. 7 Borrowed $12,000 on a term loan payable. Jan. 11 Paid salaries of $3,000. Jan. 12 Provided services to customers for cash, $11,000. Jan. 15 Purchased (and used) office supplies on account, $2,000. Jan. 17 The company paid shareholders a $2,500 dividend. Jan. 20 Paid rent of $1,700. Jan. 23 Paid salaries of $4,000. Jan. 24 Paid $16,000 on the open accounts payable. Jan. 29 Collected $50,000 on accounts receivable. Jan. 31 Repaid loans of $22,000. Jan. 31 Paid interest on loans of $600. (a) (b) Create the general ledger accounts, and enter the initial balances at the start of the month of January. This requirement is already completed on the worksheets. Prepare journal entries for January's transactions. (c) Post January's transactions to the appropriate general ledger accounts. (d) Prepare a trial balance as of January 31. I0 I-02.04 (e) Prepare an income statement and statement of retained earnings for January, and a balance sheet as of the end of January. I-02.04 I02.04 I-02.04 Name: Date: I-02.04 (a)(c) Section: CASH Date Jan. 1 Description Debit Balance forward Credit - Balance - 25,000 ACCOUNTS RECEIVABLE Date Jan. 1 Description Balance forward Debit Credit - Balance - 75,000 I-02.04 (a)&(c) Name: Date: I-02.04 (a)(c) Section: LAND Date Jan. 1 Description Debit Balance forward Credit - Balance - 150,000 ACCOUNTS PAYABLE Date Jan. 1 Description Debit Balance forward Credit - Balance - 60,000 LOAN PAYABLE Date Jan. 1 Description Debit Balance forward Credit - Balance - 30,000 CAPITAL STOCK Date Jan. 1 Description Balance forward Debit Credit - Balance - 50,000 Name: Date: I-02.04 (a)(c) Section: RETAINED EARNINGS Date Jan. 1 Description Debit Balance forward Credit - Balance - 110,000 DIVIDENDS Date Description Debit Jan. 1 Credit - Balance - - REVENUES Date Description Debit Jan. 1 Credit - Balance - - SALARIES EXPENSE Date Jan. 1 Description Debit Credit - Balance - - Name: Date: I-02.04 (a)(c) Section: SUPPLIES EXPENSE Date Description Debit Jan. 1 Credit - Balance - - RENT EXPENSE Date Description Debit Jan. 1 Credit - Balance - - INTEREST EXPENSE Date Jan. 1 Description Debit Credit - Balance - - Name: Date: I-02.04 (a)&(c) Section: I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 2 Jan. 3 Jan. 5 Jan. 7 Jan. 11 Jan. 12 Page 1 Accounts Debit Credit I-02.04 (b) Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 15 Jan. 17 Jan. 20 Jan. 23 Jan. 24 Jan. 29 Page 2 Accounts Debit Credit Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 31 Jan. 31 Page 3 Accounts Debit Credit Name: Date: Section: I-02.04 (b) Name: Date: I-02.04 (b) Section: I-02.04 (b) Name: Date: Section: I-02.04 (b) Name: Date: Section: I-02.04 (b) Name: Date: Section: I-02.04 (b) Name: Date: I-02.04 (d) Section: I-02. (d) MORGAN CORPORATION Trial Balance January 31, 20X6 Debits Cash $ Credits - $ - Accounts receivable - - Land - - Accounts payable - Loan payable - Capital stock - Retained earnings - Revenues - Salaries expense - - Supplies expense - - Rent expense - - Interest expense - - Dividends - - $ - $ - Name: Date: I-02.04 (d) Section: I-02.04 (d) Name: Date: I-02.04 (e) Section: MORGAN CORPORATION Income Statement For the Month Ending January 31, 20X6 Revenues Services to customers Expenses Salaries Supplies Rent Interest Net income $ I-02.04 (e) $ - $ - - MORGAN CORPORATION Statement of Retained Earnings For the Month Ending January 31, 20X6 Beginning retained earnings Plus: Net income $ $ Less: Dividends Ending retained earnings $ - MORGAN CORPORATION Balance Sheet January 31, 20X6 Assets Cash Accounts receivable Land Total assets Liabilities Accounts payable Loan payable Total liabilities Stockholders' equity Capital stock Retained earnings Total stockholders' equity Total liabilities and equity $ $ $ $ - $ - $ - - - Name: Date: I-02.04 (e) Section: I-02.04 (e) I-02.04 Morgan Corporation opened the year 20X6, with the following trial balance information: Cash Accounts Receivable Land Accounts Payable Loan Payable Capital Stock Retained Earnings Dividends Revenues Salaries Expense Rent Expense Supplies Expense Interest Expense $ $ 25,000 75,000 150,000 250,000 $ 60,000 30,000 50,000 110,000 - $ 250,000 January's transactions are listed below: Jan. 2 Collected $10,000 on an open account receivable. Jan. 3 Purchased additional tract of land for $20,000 cash. Jan. 5 Provided services on account to a customer for $15,000. Jan. 7 Borrowed $12,000 on a term loan payable. Jan. 11 Paid salaries of $3,000. Jan. 12 Provided services to customers for cash, $11,000. Jan. 15 Purchased (and used) office supplies on account, $2,000. Jan. 17 The company paid shareholders a $2,500 dividend. Jan. 20 Paid rent of $1,700. Jan. 23 Paid salaries of $4,000. Jan. 24 Paid $16,000 on the open accounts payable. Jan. 29 Collected $50,000 on accounts receivable. Jan. 31 Repaid loans of $22,000. Jan. 31 Paid interest on loans of $600. (a) (b) Create the general ledger accounts, and enter the initial balances at the start of the month of January. This requirement is already completed on the worksheets. Prepare journal entries for January's transactions. (c) Post January's transactions to the appropriate general ledger accounts. (d) Prepare a trial balance as of January 31. I-02.04 (e) Prepare an income statement and statement of retained earnings for January, and a balance sheet as of the end of January. Name: Date: I-02.04 (a)(c) Section: CASH Date Description Jan. 1 Balance forward Jan. 3 Journal Page 1 Jan. 5 Journal Page 1 Jan. 7 Debit Credit - Balance - 25,000 20,000 5,000 15,000 - 20,000 Journal Page 1 12,000 - 32,000 Jan. 11 Journal Page 1 - 3,000 29,000 Jan. 12 Journal Page 1 11,000 - 40,000 Jan. 17 Journal Page 2 - 2,500 37,500 Jan. 20 Journal Page 2 - 1,700 35,800 Jan. 23 Journal Page 2 - 4,000 31,800 Jan. 24 Journal Page 2 - 16,000 15,800 Jan. 29 Journal Page 2 50,000 - 65,800 Jan. 31 Journal Page 3 - 22,000 43,800 Jan. 31 Journal Page 3 - 600 43,200 - - 43,200 ACCOUNTS RECEIVABLE Date Description Jan. 1 Balance forward Jan. 2 Debit Credit Balance - - 75,000 Journal Page 1 10,000 - 85,000 Jan. 5 Journal Page 1 - 15,000 70,000 Jan. 12 Journal Page 1 - 50,000 20,000 20,000 Name: Date: I-02.04 (a)(c) Section: LAND Date Description Jan. 1 Balance forward Jan. 3 Journal Page 1 Debit Credit Balance - - 150,000 20,000 - 170,000 170,000 ACCOUNTS PAYABLE Date Description Debit Credit Balance Jan. 1 Balance forward - - 60,000 Jan. 7 Journal Page 2 - 2,000 62,000 Jan. 31 Journal Page 3 16,000 - 46,000 46,000 LOAN PAYABLE Date Description Debit Credit Balance Jan. 1 Balance forward - - 30,000 Jan. 7 Journal Page 1 - 12,000 42,000 Jan. 31 Journal Page 3 22,000 - 20,000 20,000 CAPITAL STOCK Date Jan. 1 Description Balance forward Debit Credit - Balance - 50,000 Name: Date: I-02.04 (a)(c) Section: 50,000 RETAINED EARNINGS Date Jan. 1 Description Debit Balance forward Credit - Balance - 110,000 110,000 DIVIDENDS Date Jan. 1 Jan. 17 Description Debit Balance forward Journal Page 2 Credit Balance - - - 2,500 - 2,500 REVENUES Date Description Jan. 1 Balance forward Jan. 2 Jan. 12 Debit Credit - Balance - - Journal Page 1 10,000 10,000 Journal Page 1 11,000 21,000 21,000 SALARIES EXPENSE Date Jan. 1 Jan. 11 Description Balance forward Journal Page 1 Debit Credit Balance - - - 3,000 - 3,000 Name: Date: I-02.04 (a)(c) Section: Jan. 23 Journal Page 2 4,000 - 7,000 7,000 SUPPLIES EXPENSE Date Jan. 1 Jan. 15 Description Debit Balance forward Journal Page 2 Credit Balance - - - 2,000 - 2,000 RENT EXPENSE Date Jan. 1 Jan. 20 Description Debit Balance forward Journal Page 2 Credit Balance - - - 1,700 - 1,700 INTEREST EXPENSE Date Jan. 1 Jan. 31 Description Balance forward Journal Page 3 Debit Credit - 600 Balance - 600 Name: Date: Section: 5000 I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: Section: I-02.04 (a)(c) Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 2 Page 1 Accounts Accounts Receivable Debit x Credit 10,000 Revenues 10,000 Collected $10,000 on an open account receivable. Jan. 3 Land Cash 20,000 x 20,000 Purchased additional tract of land for $20,000 cash. Jan. 5 Cash Accounts Receivable x 15,000 x 15,000 Provided services on account to a customer for $15,000. Jan. 7 Cash x 12,000 Loan Payable 12,000 Borrowed $12,000 on a term loan payable. Jan. 11 Salaries Expense Cash 3,000 x 3,000 Paid salaries of $3,000. Jan. 12 Cash Revenues Provided services to customers for cash, $11,000. x 11,000 11,000 Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 15 Page 2 Accounts Debit Supplies Expense Credit 2,000 Accounts Payable 2,000 Purchased (and used) office supplies on account, $2,000. Jan. 17 Dividends 2,500 Cash x 2,500 The company paid shareholders a $2,500 dividend. Jan. 20 Rent Expense 1,700 Cash x 1,700 Paid rent of $1,700. Jan. 23 Salaries Expense 4,000 Cash x 4,000 Paid salaries of $4,000. Jan. 24 Accounts Payable 16,000 Cash x 16,000 Paid $16,000 on the open accounts payable. Jan. 29 Cash x Accounts Receivable Collected $50,000 receivable. x on accounts 50,000 50,000 Name: Date: I-02.04 (b) Section: GENERAL JOURNAL Date Jan. 31 Page 3 Accounts Debit Loan Payable Cash Credit 22,000 x 22,000 Repaid loans of $22,000. Jan. 31 Interest Expense Cash Paid interest on loans of $600. 600 x 600 Name: Date: Section: I-02.04 (b) Name: Date: I-02.04 (d) Section: MORGAN CORPORATION Trial Balance January 31, 20X6 Debits Cash $ Accounts receivable Land Credits 43,200 $ - 20,000 - 170,000 - Accounts payable 46,000 Loan payable 20,000 Capital stock 50,000 Retained earnings 110,000 Revenues 21,000 Salaries expense 7,000 - Supplies expense 2,000 - Rent expense 1,700 - 600 - 2,500 - Interest expense Dividends $ 247,000 $ 247,000 Name: Date: I-02.04 (e) Section: MORGAN CORPORATION Income Statement For the Month Ending January 31, 20X6 Revenues Services to customers Expenses Salaries Supplies Rent Interest Net income $ $ 21,000 $ 11,300 9,700 7,000 2,000 1,700 600 MORGAN CORPORATION Statement of Retained Earnings For the Month Ending January 31, 20X6 Beginning retained earnings Plus: Net income $ 110,000 9,700 $ 119,700 2,500 $ 117,200 Less: Dividends Ending retained earnings MORGAN CORPORATION Balance Sheet January 31, 20X6 Assets Cash Accounts receivable Land Total assets Liabilities Accounts payable Loan payable Total liabilities Stockholders' equity Capital stock Retained earnings Total stockholders' equity Total liabilities and equity $ 43,200 20,000 170,000 $ 233,200 $ 46,000 20,000 $ $ 66,000 50,000 110,000 160,000 $ 226,000