Please do the general ledger for this, thank you!

Jan. 1 The following balances were received from Oneida Reza: Cash $300,000; Account Receivable, $6,000 (Lyle Corporation) and; Merchandise Inventory $35,000; Supplies, $3,000, Furniture & Equipment, $15,000 (new and unused), Accounts Payable of $5,000 (Abram Office Depot). Journalize the beginning balances and post them to the general ledger. Borrowed $50,000 from her father, Jose Reza. Signed a Note Payable, due 2 years from today on Jan.1. O. Reza pays interest only for two years, at 6%. The first interest payment for Jan is due Feb. 5. Paid six months' rent in advance on a facilities rental contract, $18,000. Paid 6-month premiums on property and casualty insurance policies, $4,800. Purchased merchandise from Garcia Company, Terms 2/10, n/30. $5,000. Purchased a Van from Golden Automotive for $38,000. Paid cash of $5000 and signed an 11-month, no interest note payable for the balance. 1st monthly payment is due on the 5th of next month. Sold merchandise to MayaB Company on account, $1,400. Cost of Sales (COS): $700. W NN w 3 Purchased Office Supplies from Abrams Office Depot for cash, $1,850. O. Reza decided to establish a petty cash fund for minor expenditures, $200. Received cash from a corporate client, Rolm Co. as an advance payment for a special order of fitness equipment, $8,000. (Hint: Unearned Revenue) Purchased fitness equipment for sale (merchandise) from Doubletree Fitness Equipment with a cost of $25,000; paid cash of $5,000 with the balance on account. Trade discount: 2%; Terms: 1/10, n/30. Delivery Expense, $350, FOB destination Purchased Computer & Office Furniture from Abrams Office Depot, on account, terms n/EOM, $12,000. Sold merchandise to the Alfred Vaughn Co on account, $800. COS: $300. Returned $5000 (retail value) equipment to Doubletree. 9 11 12 14 15 15 H/EUM, $12,00U. Sold merchandise to the Alfred Vaughn Co on account, $800. COS: $300. Returned $5000 (retail value) equipment to Doubletree. Purchased merchandise from Garcia Distributors, $800.1/10, net 30. Sold merchandise to MayaB Company, on account, $900. COS: $450 Wrote check to Comcast for cable TV service in the store lounge, $250. Purchased merchandise from L. Gibson Co., on account $16,000, terms n/10. Paid Garcia Distributors for purchases made on Jan. 2. Paid fitness assistants for two weeks' salary, $3,000. Recorded cash boutique sales for Jan 1- 15. Cost of sales, $4,025: Visa Credit Card Sales $5,000 Master Card Sales $3,500 Cash $1,000 Paid balance (less Jan. 8 return) on Doubletree Fitness Equipment Account. Purchase on Jan. 6. Delivered equipment to Rolm Co. (Jan. 6) and recorded the sale at $18,000. COS: $8100. Balance on account Accepted a 60-day 6% note dated January 15 in settlement of past due $6,000 Account Receivable from Lyle Corporation. O. Reza replenished the petty cash fund. The petty cash tickets identified the following expenses: Postage, $23, delivery of package by courier, $17, Gas for the Van, $42, MayaB paid for purchases made on Jan. 3. Received payment from Alfred Vaughn Co. for purchase made on Jan. 6. Paid for Garcia Distributor purchases made on Jan. 8. Paid cash for supplies, $1,200. Pald L. Gibson Co. for merchandise purchased on Jan. 11 Purchased merchandise (vitamin supplements) for cash. $1200. Paid fitness assistants for two weeks' salary, $3,250. 16 16 17 18 21 25 30 29 Purchased merchandise from Garcia Distributors, $4,200, 2/10,n30. 29 Paid AT & T phone and Internet bill for January, $651. 30 Paid PG & electricity bill for January, $1251. O. Reza withdrew $4,500 for personal use. 30 Replenished petty cash fund: Supplies, $52; Miscellaneous, $9; Floor Mats for the Van, $100, Printer Ink Cartridge, $35 300 . Reza feels that the petty cash fund is not adequate. She increased it to $300. 30 Paid Abrams Company beginning AP amount ($5,000) plus balance due from January 6 purchase. 30 Recorded Boutique sales as follows for Jan 16-30. Cost of sales, $8480: Visa Credit Card Sales $8251 Master Card Sales $7423 Discovery Card $3525 Cash $2001 At the end of January, the following adjustment data is prepared. Analyze and use the following data to make adjustments. (Round all calculations to the nearest whole dollar). a. One month's insurance expired during January (calculation required) b. One month's rent expired during January (Calculation required). c. Supplies on hand on January 31 are $1100. d. Depreciation entries required: 1. All furniture & equipment is new. It has an estimated useful life of 10 year, with a salvage of $2000. Record depreciation for one month. 2. Automobile (Van) has a useful life of 5 years with a cost of $38,000 and a salvage value $5,000. Record depreciation for one month. e. Record the following accruals: i. Interest expense accrued on loan to Jose Reza. (Jan. 1) ii. Interest income accrued on note receivable from Lyle Corporation (Jan. 15) ili. Accrued fitness assistants salary on January 31 is $550. f. Received gas bill from American Gas for this month's fuel purchases for Van, $650. Due Jan. 5 O. Reza Fitness Boutique General Ledger Account: Cash Account Number: 105 Explanation Ref Debit Credit Balance Date January 20XX Account: Merchandise Inventory Account Number: 113 Explanation Ref Debit Credit Balance Date January 20XX Account: Supplies Account Number: 114 Date Explanation Ref Debit Credit Balance January 20xx Account: Prepaid Rent Explanation January 20XX Ref Debit Account Number: 116 Credit Balance Account: Prepaid Insurance Account Number: 118 Date Explanation Ref Debit Credit Balance January 20XX Account: Notes Receivable Date Explanation January 20XX Account Number: 120 Debit Credit Balance Ref Account: Furniture & Equipment Account Number: 140 Account: Accumulated Depreciation-Furn. & Equip Account Number: 141 Explanation Ref Debit Credit Balance Date January 20XX Account: Automobiles Account Number: 145 Explanation Ref Debit Credit Balance Date January 20XX Account: Accumulated Depreciation-Automobile Account Number: 146 Explanation Ref Debit Credit Balance Date January 20XX Account: Notes Payable Account Number: 214 Explanation Ref Debit Credit Balance Date January 20XX Account: Oneida Reza, Capital Date Explanation Ref January Account Number: 301 Credit Balance Debit 20XX Account: Oneida Reza, Withdrawal Date Explanation Ref Account Number: 302 Credit Balance Debit January 20XX Account: Sales Date Explanation Ref Debit Account Number: 401 Credit Balance Tanuary 20XX Account: Cost of Sales Account Number: 501 Date Explanation Ref Debit Credit Balance January 20XX Account: Wages & Salary Expense Account Number: 510 Explanation Ref Debit Credit Balance Date January 20XX Account: Supplies Expense Date Explanation January 20XX Account Number: 520 Credit Balance Ref Debit Jan. 1 The following balances were received from Oneida Reza: Cash $300,000; Account Receivable, $6,000 (Lyle Corporation) and; Merchandise Inventory $35,000; Supplies, $3,000, Furniture & Equipment, $15,000 (new and unused), Accounts Payable of $5,000 (Abram Office Depot). Journalize the beginning balances and post them to the general ledger. Borrowed $50,000 from her father, Jose Reza. Signed a Note Payable, due 2 years from today on Jan.1. O. Reza pays interest only for two years, at 6%. The first interest payment for Jan is due Feb. 5. Paid six months' rent in advance on a facilities rental contract, $18,000. Paid 6-month premiums on property and casualty insurance policies, $4,800. Purchased merchandise from Garcia Company, Terms 2/10, n/30. $5,000. Purchased a Van from Golden Automotive for $38,000. Paid cash of $5000 and signed an 11-month, no interest note payable for the balance. 1st monthly payment is due on the 5th of next month. Sold merchandise to MayaB Company on account, $1,400. Cost of Sales (COS): $700. W NN w 3 Purchased Office Supplies from Abrams Office Depot for cash, $1,850. O. Reza decided to establish a petty cash fund for minor expenditures, $200. Received cash from a corporate client, Rolm Co. as an advance payment for a special order of fitness equipment, $8,000. (Hint: Unearned Revenue) Purchased fitness equipment for sale (merchandise) from Doubletree Fitness Equipment with a cost of $25,000; paid cash of $5,000 with the balance on account. Trade discount: 2%; Terms: 1/10, n/30. Delivery Expense, $350, FOB destination Purchased Computer & Office Furniture from Abrams Office Depot, on account, terms n/EOM, $12,000. Sold merchandise to the Alfred Vaughn Co on account, $800. COS: $300. Returned $5000 (retail value) equipment to Doubletree. 9 11 12 14 15 15 H/EUM, $12,00U. Sold merchandise to the Alfred Vaughn Co on account, $800. COS: $300. Returned $5000 (retail value) equipment to Doubletree. Purchased merchandise from Garcia Distributors, $800.1/10, net 30. Sold merchandise to MayaB Company, on account, $900. COS: $450 Wrote check to Comcast for cable TV service in the store lounge, $250. Purchased merchandise from L. Gibson Co., on account $16,000, terms n/10. Paid Garcia Distributors for purchases made on Jan. 2. Paid fitness assistants for two weeks' salary, $3,000. Recorded cash boutique sales for Jan 1- 15. Cost of sales, $4,025: Visa Credit Card Sales $5,000 Master Card Sales $3,500 Cash $1,000 Paid balance (less Jan. 8 return) on Doubletree Fitness Equipment Account. Purchase on Jan. 6. Delivered equipment to Rolm Co. (Jan. 6) and recorded the sale at $18,000. COS: $8100. Balance on account Accepted a 60-day 6% note dated January 15 in settlement of past due $6,000 Account Receivable from Lyle Corporation. O. Reza replenished the petty cash fund. The petty cash tickets identified the following expenses: Postage, $23, delivery of package by courier, $17, Gas for the Van, $42, MayaB paid for purchases made on Jan. 3. Received payment from Alfred Vaughn Co. for purchase made on Jan. 6. Paid for Garcia Distributor purchases made on Jan. 8. Paid cash for supplies, $1,200. Pald L. Gibson Co. for merchandise purchased on Jan. 11 Purchased merchandise (vitamin supplements) for cash. $1200. Paid fitness assistants for two weeks' salary, $3,250. 16 16 17 18 21 25 30 29 Purchased merchandise from Garcia Distributors, $4,200, 2/10,n30. 29 Paid AT & T phone and Internet bill for January, $651. 30 Paid PG & electricity bill for January, $1251. O. Reza withdrew $4,500 for personal use. 30 Replenished petty cash fund: Supplies, $52; Miscellaneous, $9; Floor Mats for the Van, $100, Printer Ink Cartridge, $35 300 . Reza feels that the petty cash fund is not adequate. She increased it to $300. 30 Paid Abrams Company beginning AP amount ($5,000) plus balance due from January 6 purchase. 30 Recorded Boutique sales as follows for Jan 16-30. Cost of sales, $8480: Visa Credit Card Sales $8251 Master Card Sales $7423 Discovery Card $3525 Cash $2001 At the end of January, the following adjustment data is prepared. Analyze and use the following data to make adjustments. (Round all calculations to the nearest whole dollar). a. One month's insurance expired during January (calculation required) b. One month's rent expired during January (Calculation required). c. Supplies on hand on January 31 are $1100. d. Depreciation entries required: 1. All furniture & equipment is new. It has an estimated useful life of 10 year, with a salvage of $2000. Record depreciation for one month. 2. Automobile (Van) has a useful life of 5 years with a cost of $38,000 and a salvage value $5,000. Record depreciation for one month. e. Record the following accruals: i. Interest expense accrued on loan to Jose Reza. (Jan. 1) ii. Interest income accrued on note receivable from Lyle Corporation (Jan. 15) ili. Accrued fitness assistants salary on January 31 is $550. f. Received gas bill from American Gas for this month's fuel purchases for Van, $650. Due Jan. 5 O. Reza Fitness Boutique General Ledger Account: Cash Account Number: 105 Explanation Ref Debit Credit Balance Date January 20XX Account: Merchandise Inventory Account Number: 113 Explanation Ref Debit Credit Balance Date January 20XX Account: Supplies Account Number: 114 Date Explanation Ref Debit Credit Balance January 20xx Account: Prepaid Rent Explanation January 20XX Ref Debit Account Number: 116 Credit Balance Account: Prepaid Insurance Account Number: 118 Date Explanation Ref Debit Credit Balance January 20XX Account: Notes Receivable Date Explanation January 20XX Account Number: 120 Debit Credit Balance Ref Account: Furniture & Equipment Account Number: 140 Account: Accumulated Depreciation-Furn. & Equip Account Number: 141 Explanation Ref Debit Credit Balance Date January 20XX Account: Automobiles Account Number: 145 Explanation Ref Debit Credit Balance Date January 20XX Account: Accumulated Depreciation-Automobile Account Number: 146 Explanation Ref Debit Credit Balance Date January 20XX Account: Notes Payable Account Number: 214 Explanation Ref Debit Credit Balance Date January 20XX Account: Oneida Reza, Capital Date Explanation Ref January Account Number: 301 Credit Balance Debit 20XX Account: Oneida Reza, Withdrawal Date Explanation Ref Account Number: 302 Credit Balance Debit January 20XX Account: Sales Date Explanation Ref Debit Account Number: 401 Credit Balance Tanuary 20XX Account: Cost of Sales Account Number: 501 Date Explanation Ref Debit Credit Balance January 20XX Account: Wages & Salary Expense Account Number: 510 Explanation Ref Debit Credit Balance Date January 20XX Account: Supplies Expense Date Explanation January 20XX Account Number: 520 Credit Balance Ref Debit