Please help, any of the parts will help!
cash 30,000
acounts recievable 40,000
supplies 1,500
inventory 60,000
Required information The following information applies to the questions displayed below) Pastina Company sets various types of pasta to grocery chairs as private label brands. The company's fiscal year endis December 31 The unadjusted trial balance as of December 21, 2018 appears below . Account Title Canh Accounts receivable Inventory . 5. Interest receivable Prepaid rent office equipment Accumulated dereition office Accounts payable Salaries and we payable Note payable Interest payable Deferred reven Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 24,500 160.000 70,000 18.00 11,000 5.000 2, 343,500 343,500 Information necessary to prepare the year-end adjusting entries appears below. 1. Depreciation on the office equipment for the year is $10,000. 2. Employee salaries and wages are paid twice a month, on the 22nd for salaries and wages earned from the 1st through the 15th, and on the 7th of the following month for salaries and wages earned from the 16th through the end of the month. Salaries and wages earned from December 16 through December 31, 2018, were $1.500. 3. On October 1, 2018, Pastina borrowed $50,000 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years. 4. On March 1, 2018, the company lent a supplier $20,000 and a note was signed requiring principal and Interest at 8% to be paid on February 28, 2019 5. On April 1, 2018, the company paid an insurance company $6,000 for a two-year fire insurance policy. The entire $6,000 was debited to insurance expense. 6. $800 of supplies remained on hand at December 31, 2018 7. A customer paid Pastina $2,000 in December for 1.500 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue. 8. On December 1, 2018. $2,000 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019 at $1,000 per month. Required: 1.6 2. Post the unadjusted balances and adjusting entires into the appropriate l-accounts (Enter the number of the adjusting entry in the column next to the amount. Do not round Intermediate calculations. Round your final answers to nearest whole dollar) Accounts Receivable Beg bal Elegal (End bal End bal Prepaid Rent Prepaid Insurance Eleg tal Beg End bal End bal Supplies inventory Beg bar Beg tal End bal End bal Note Receivable Office Equipment Bog bal Beg bal End bal End til Interest Receivable Beg bal Accumulated Depreciation Office Equipment Beg bal End bal End bal Accounts Payable Salaries and Wages Payable Beg bal Bog bal End bal End bal Note Payable Interest Payable Beg bal RA For requirement 4 assume that no common stock was issued during the year and that $4.000 in cash dividends were paid to shareholders during the year 4. Prepare the income statement statement of shareholders' equity and classified balance sheet for the year ended December 31, 2018 Complete this question by entering your answers in the tabs below. Income Statement Statement of Balance Sheet Prepare the income statement for the year ended December 31, 2018. (Other expenses should sign PASTINA COMPANY Income Statement For the Year Ended December 31, 2018 0 0 0 0 $ 0 Income Statement Statement of SE > spaghetti to be delivered in January 2019. Pastina credited sales revenue 8. On December 1, 2018. $2.000 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019 at $1,000 per month For requirement 4, assume that no common stock was issued during the year and that $4,000 in cash dividends were paid to shareholders during the year 4. Prepare the income statement statement of shareholders' equity and classified balance sheet for the year ended December 31, 2018 Complete this question by entering your answers in the tabs below. Income Statement Statement of SE Balance Sheet Prepare the statement of shareholders' equity for the year ended December 31, 2018. PASTINA COMPANY Statement of Shareholders' Equity For the Year Ended December 31, 2018 Total Common Retained Shareholders Equity Stock Earnings Balance at January 1, 2018 Balance at December 31, 2018 Required information 4. Prepare the income statement statement of shareholders equity and cated balance sheet for the year ended December 31 2018 Complete this question by entering your answers in the tabs below Income Prepare the classified balance set for the ended December 11, 2018 Amounts to be aminus sign) PASTINA COMPANY At December 31, 2011 $ 0 0 $ a two-year fire insurance policy. The entire $6,000 was debited to Insurance expense. 6. $800 of supplies remained on hand at December 31, 2018 7. A customer paid Pastina $2.000 in December for 1500 pounds of spaghetti to be delivered in January 2019. Pastina credited sales revenue 8. On December 1, 2018. $2.000 rent was paid to the owner of the building. The payment represented rent for December 2018 and January 2019 at $1.000 per month 5. Prepare closing entries. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the entry to close the revenue accounts using the income summary. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2018 Record entry Clear entry View general journal 6. Prepare a post-closing trial balance. Credits PASTINA COMPANY Post-Closing Trial Balance December 31, 2018 Account Title Debits Cash Accounts receivable Prepaid rent Prepaid insurance Supplies Inventory Note receivable Interest receivable Office equipment Accumulated depreciation-office equipment Accounts payable Salanes and wages payable Note payable Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals S 0 $ 0 Credits Debits 30,000 40,000 1,500 60,000 20,000 2,000 80,000 30,000 31,800 50,000 @ Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 60,000 24,500 148,000 70,000 18,900 11,000 1,100 6,000 3,000 343,500 343,500
