PLEASE HELP!!

I have attached what I have so far as my adjusted journal entries, and my trial balances. Can I get some help finishing the AJE's and Trial balances? Can I also get help generating the closing entries?

The Debit and credit columns of the AJE's should total $1,033,227

The trial balance after adjustment should both total $15,502,008

Here is some information used to record the Adjusted Journal Entries.

1. As of December 31, wages of $39,800 should be accrued; associated payroll taxes on these wages are $2,900. (Record in two separate adjusting entries. The payroll taxes are an expense to the company for unemployment benefits and are recorded as payroll taxes payable to the state & federal taxing authority.)

2. The Unearned Consulting Revenue account has a balance before adjustment of $326,220 as of December 31, 20x2. Of this balance, 65% of the work was completed by year-end.

3. You discover that a sale of a product was made on the account and SC recorded the sale in December for $86,400. However, the product has not yet been shipped, therefore it is not considered to be "delivered to the customer." The cost of the product was 55% of its selling price. SC uses the perpetual inventory method. (Hint: Simply reverse the original journal entry!)

4. At year-end, the CFO asks you to review the Accounts Receivables to determine if any customer accounts should be written off as uncollectible. Based on your review, you determine that the Account Receivable from Shift, Co. has been past due for over 18 months, and Shift recently declared bankruptcy. The CFO instructs you to write off the account balance of $18,450. Directly following this action, you can now record bad debt expense, estimated to be 5% of ending Accounts Receivable. (Round to the nearest whole dollar.)

5. SC prepays for its property & casualty insurance. As of December 31, 20x2, 80% of the prepayments have now been consumed. (Round to the nearest whole dollar.)

6. SC records depreciation and amortization expenses annually. They do not use an accumulated amortization account. (i.e., Amortization Expense is recorded with a debit to Amort. Exp and a credit to the Patent.) Annual depreciation rates are 5% for Buildings/Equipment/Furniture, with no salvage. (Round to the nearest whole dollar.)Annual Amortization rates are 10% of the original cost, straight-line method, no salvage. SC owns two patents: Patent #FJ101 has an original cost of $154,000, and Patent #CQ510 was acquired for $169,000. The last time depreciation & amortization were recorded was December 31, 20x1.

7. The long-term liabilities were outstanding for all of 20x1 and accrue interest at 6% APR. SCrecords accrued interest quarterly (interest was last updated on September 30.) The company is required to pay the interest annually each January 1.

8. SC often allows customers to finance the purchase of their products through long-term lending agreements and therefore reports Long-term Notes Receivable on their Balance Sheet. These notes are interest-bearing and earn SC interest revenue at 8% APR and were outstanding for all 20x2. Interest is payable to SC each January 1.

9. On December 15, SCdeclareda dividend of $220,000, to be paid on January 20, 20x3. The dividend declaration had not yet been recorded. Please record the debit to Dividends.

10. On December 31, the Long-Term Investments (Available-for-sale securities or "AFS") had a fair value of $172,900. The AFS Investment was initially purchased on June 1, 20x2, for $160,500. SCuses a "Fair Value Adjustment" account (an adjunct/contra account to the Investments) to mark-to-market the investment portfolio at year-end. (e.g., If the fair value of the Investment has increased at year-end, debit the Fair Value Adjustment account to increase the Carrying Value of the asset to equal its fair value on the balance sheet on December 31. This is an "unrealized" (holding) gain, which would require a credit to record it.) Note: See chapter 3 - Other Comprehensive Income to learn more about unrealized holding gains!)

11. SC's Income tax rate for 20x2 was determined to be 25%. (Hint: The income statement must be completed to determine tax expense!)

B c D E F G H K M P General Ledger Account Name Trial Balance Before Adj 12/31/x1 AJEs at 12/31/x2 Trial Balance After Adj 12/31/x2 Closing Entries Post-Closing T/B 12/31/x2 Debit Credi Debit Credit Debit Credit Debit Credit Debit Credit Cash and cash equivalents 95,563 95,563 95,563 4 Accounts Receivable 13,780 104,850 808,930 808,930 Allowance for doubtful accounts 29,468 18,450 923 11,941 11,941 Interest Receivable 0 22,800 22,800 22,800 Inventory 1,270,160 17,520 1,317,680 1,317,680 8 Prepaid expenses 26,780 21,424 5,356 5,356 9 Other Current Assets 16,063 16,063 16,063 10 Investments 160,500 160,500 60,500 Fair Value Adjustment 0 12,400 12,400 12,400 0 2 Notes Receivable 285,000 285,000 285,000 13 Building 876,418 876,418 876,418 14 Equipment and furniture 332,983 332,983 332,983 15 Land 348,791 348.791 348,791 16 Accum Depr 656,465 60,470 716,935 716,935 17 Goodwill 493,951 493,951 493,951 18 Patents 217,000 32,300 184,700 184,700 19 Accounts Payable 1,169,343 1,169,343 1, 169,343 20 Dividends payable 220,000 220,000 220,000 21 Interest payable 31,572 10,524 42,096 42,096 22 Unearned Consulting Revenue 326,220 212,043 14,177 114,177 3 Wages payable 81,350 39,800 21, 150 121,150 24 Payroll taxes payable 8,950 2,900 11,850 11,850 5 Income tax payable 0 26 Long term liabilities 701,600 701,600 701,600 27 Common Stock 920,000 920,000 920,000 28 Paid-in capital common stock 105,000 105,000 105,000 Treasury Stock 400,000 400,000 400,000 Retained Earnings 539,069 539,069 539,069 31 Dividends 0 32 Accum Other Comprehensive Incom 0 0 33 Sales revenue 9,253,346 86,400 9, 166,946 9,166,946 34 Service revenue 1,169,385 212,043 1,381,428 1,381,428 35 Interest Revenue 22,800 22,800 22,800 36 Sales returns 162,400 162,400 162,400 Sales discounts 269,662 269,662 269,662 38 Product cost of goods sold 5,384,590 47,520 5,337,070 5,337,070 39 Service cost of goods sold 570,811 570,811 570,811 Advertising Expense 159,080 159,080 159,080 41 Bad debt expense 923 923 923 42 Depreciation and amortization 0 92,770 92,770 92,770 43 Professional Dues & subscriptions 21,470 21,470 21,470 44 Gain/loss on disposa 4,790 4,790 4,790 45 Income tax expense 0 0 46 Insurance Expense 80,144 21,424 101,568 101,568 47 Interest expense 31,572 10,524 42,096 42,096 8 Legal and accounting fees 106,650 06,650 106,650 9 Miscellaneous 9,048 9,048 9,048 50 Office expense 220,114 220,114 220,114 51 Payroll taxes 136,975 2,900 139,875 139,875 52 Property taxes 104,570 04,570 104,570 53 Repair and maintenance 42,028 42,028 42,028 54 Research and development 470,680 470,680 470,680 55 Telephone 20,085 20,085 20,085 56 Travel and entertainment 38,391 38,391 38,391 57 Utilities Expense 47,049 47,049 47,049 58 Wage Expense 964,670 39,800 1,004,470 1,004,470 59 Salaries - Officers 10,000 710,000 710,000 0 Income Summary 0 61 Unrealized Gain/Loss-AFS 0 0 0 0 ilo 62 14,991,768 14,991,768 567,954 775,554 15,036,735 15,244,335 o 0 15,036,735 15,244,335 631 2 3 4 5 s 7 _ 3 .'- 9 . 1o . 11 12 13 14 15 16 17 13 i 19 '- 20 g 21 22 23 24 25 26 27 23 2s 30 ' 31 32 33 34 35 35 37 33 33 4o 41 42 43 44 45 46 47 43 4s 50 U1 _l. Wages Expense Wages Payable Payroll Tax Expense Payroll Tax Payable Unearned Consulting Revenue Service Revenue Sales Accounts Receivable Inventory Product Cost of Goods Sold Allowance for Doubtful Accounts Accounts Receivables Bad Debt Expense Allowance for Doubtful Accounts Insurance Expense Prepaid Expense Depreciation and Amortization Accumulated Depreciation -Building Accumulated Depreciation equipl'furn Patent Interest Expense Interest Payable Interest Receivable Interest Revenue Income Summary Dividend Payable Fair Value Adjustment Unrealized Holding Gain -AFS Income Tax Expense Income Tax Payable TOTAL 212,043 85,400 47,520 13,450 923 21,424 92,7?0 10,524 22,800 220,000 12,400 39.800 2.900 212.043 85.400 47.520 18,450 923 21.424 43,321 16,649 32.300 10.524 22.800 220.000 12.400