Please help me, I am confused

Adjusting Entries 1. An inventory of supplies showed $500 were on hand or not used. 2. The furniture was purchased for $40,000. It has $0 salvage value and a 10 year useful life. One year of depreciation must be recorded. 3. $3,000 of insurance was purchased for 12 months. $1,500 of insurance was used. 4. Performed $20,000 of services that was paid for in advance 5. On last day of the month, performed $80,000 of services for new customer and will be paid next month 6. Happy cleaners provided $10,000 of cleaning services on the last day of the month. This waas a special yearly clean. They will be paid next month. 7. An inventory count revealed there was $7,000 of inventory shrinkage. This was a larger than usual amount of shrinkage. 8. The company estimates bad debt expense to be 10% of accounts receivable. 9. A company with net assets of $100,000 was purchased for $200,000 one year ago. The current fair value of the company is 190,000 . Perform a goodwill impairment test and record an impairment entry if one is needed. 10. The company had a calculated warranty expense of 11,000 on oustanding sales 11. The company sold an additional 10,000 shares at a market price of $30. The par value of the stock is $1. 12. The company purchased 1,000 of its own shares at a market price of $30. General Journal General Ledger (starting with balances from unadjusted trial balance) \begin{tabular}{l|l|l|l} \multicolumn{4}{c|}{ Cash } \\ \hline Unadj Bal. & 23,400 & & \\ \hline & & & \\ \hline Bal. & & & \end{tabular} \begin{tabular}{l|l|r|l} \hline & & 19,900 & Unadj Bal. \\ \hline & & & \\ \hline & & & Bal. \end{tabular} \begin{tabular}{l|l|r|l} \multicolumn{4}{c}{ Utilities Payable } \\ \hline & & 600 & Unadj Bal. \\ \hline & & & \\ \hline & & & \\ \hline & & & Bal. \end{tabular} \begin{tabular}{l|l|l|l|l|l|l|l} \multicolumn{9}{c}{ Furniture } & & \multicolumn{3}{c}{ Sales or Service Revenue } \\ \cline { 1 - 8 } Unadj Bal. & 20,000 & & & & & 76,900 & Unadj Bal. \\ \cline { 1 - 8 } & & & & & & & \\ \cline { 1 - 8 } & & & & & & & \\ \hline Bal. & & & & & & & Bal. \end{tabular} \begin{tabular}{l|l|l|ll|l|l|l} \multicolumn{4}{c}{ Supplies Expense } & & \multicolumn{3}{c}{ Rent Expense } \\ \cline { 1 - 8 } & & & & & Unadj Bal. 2,000 & & \\ \cline { 1 - 7 } & & & & & & \\ \hline & & & Bal. & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{3}{c}{ Depreciation Expense- Furniture } \\ \hline & & & \\ \hline Bal. & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{4}{c}{ Accumulated Depreciation-Furniture } \\ \hline & & & \\ \hline & & & Bal. \end{tabular} Adjusted Trial Balance ANN SIMPSON DESIGNER Statement of Cash Flows Cash Flow from Operating Activities: Net Income (Loss) Adjustments to reconcile net income to cash: Provided by Operating Activities Depreciation expense Impariment loss Loss on disposal of long term assets Gain on disposal of long term assets Increase in accounts receivable Net Cash Provided by Opearting Activities Cash Flow from Investing Activities: Cash receipt for sale of land Cash payment for acquisition furniture Cash payment for acquisiton Goodwill Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities: Cash payment from purchase of common stock Cash receipt for sale of common stock cash payment of dividends Net Cash Provided (Used) by Financing Activities Net Increase (Decrease) in Cash Beginning Cash Balance Ending Cash Balance Other Information: Land was purchased for $25,000 worth of stock (gave stock and received land) Furniture was purchased for $16,000 in cash Goodwill was purchased for $10,000 in cash The compnay sold stock for $342,000 in cash Company stock was purchased for $30,000 in cash The company paid \$4,000 in cash dividends Adjusting Entries 1. An inventory of supplies showed $500 were on hand or not used. 2. The furniture was purchased for $40,000. It has $0 salvage value and a 10 year useful life. One year of depreciation must be recorded. 3. $3,000 of insurance was purchased for 12 months. $1,500 of insurance was used. 4. Performed $20,000 of services that was paid for in advance 5. On last day of the month, performed $80,000 of services for new customer and will be paid next month 6. Happy cleaners provided $10,000 of cleaning services on the last day of the month. This waas a special yearly clean. They will be paid next month. 7. An inventory count revealed there was $7,000 of inventory shrinkage. This was a larger than usual amount of shrinkage. 8. The company estimates bad debt expense to be 10% of accounts receivable. 9. A company with net assets of $100,000 was purchased for $200,000 one year ago. The current fair value of the company is 190,000 . Perform a goodwill impairment test and record an impairment entry if one is needed. 10. The company had a calculated warranty expense of 11,000 on oustanding sales 11. The company sold an additional 10,000 shares at a market price of $30. The par value of the stock is $1. 12. The company purchased 1,000 of its own shares at a market price of $30. General Journal General Ledger (starting with balances from unadjusted trial balance) \begin{tabular}{l|l|l|l} \multicolumn{4}{c|}{ Cash } \\ \hline Unadj Bal. & 23,400 & & \\ \hline & & & \\ \hline Bal. & & & \end{tabular} \begin{tabular}{l|l|r|l} \hline & & 19,900 & Unadj Bal. \\ \hline & & & \\ \hline & & & Bal. \end{tabular} \begin{tabular}{l|l|r|l} \multicolumn{4}{c}{ Utilities Payable } \\ \hline & & 600 & Unadj Bal. \\ \hline & & & \\ \hline & & & \\ \hline & & & Bal. \end{tabular} \begin{tabular}{l|l|l|l|l|l|l|l} \multicolumn{9}{c}{ Furniture } & & \multicolumn{3}{c}{ Sales or Service Revenue } \\ \cline { 1 - 8 } Unadj Bal. & 20,000 & & & & & 76,900 & Unadj Bal. \\ \cline { 1 - 8 } & & & & & & & \\ \cline { 1 - 8 } & & & & & & & \\ \hline Bal. & & & & & & & Bal. \end{tabular} \begin{tabular}{l|l|l|ll|l|l|l} \multicolumn{4}{c}{ Supplies Expense } & & \multicolumn{3}{c}{ Rent Expense } \\ \cline { 1 - 8 } & & & & & Unadj Bal. 2,000 & & \\ \cline { 1 - 7 } & & & & & & \\ \hline & & & Bal. & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{3}{c}{ Depreciation Expense- Furniture } \\ \hline & & & \\ \hline Bal. & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{4}{c}{ Accumulated Depreciation-Furniture } \\ \hline & & & \\ \hline & & & Bal. \end{tabular} Adjusted Trial Balance ANN SIMPSON DESIGNER Statement of Cash Flows Cash Flow from Operating Activities: Net Income (Loss) Adjustments to reconcile net income to cash: Provided by Operating Activities Depreciation expense Impariment loss Loss on disposal of long term assets Gain on disposal of long term assets Increase in accounts receivable Net Cash Provided by Opearting Activities Cash Flow from Investing Activities: Cash receipt for sale of land Cash payment for acquisition furniture Cash payment for acquisiton Goodwill Net Cash Provided (Used) by Investing Activities Cash Flow from Financing Activities: Cash payment from purchase of common stock Cash receipt for sale of common stock cash payment of dividends Net Cash Provided (Used) by Financing Activities Net Increase (Decrease) in Cash Beginning Cash Balance Ending Cash Balance Other Information: Land was purchased for $25,000 worth of stock (gave stock and received land) Furniture was purchased for $16,000 in cash Goodwill was purchased for $10,000 in cash The compnay sold stock for $342,000 in cash Company stock was purchased for $30,000 in cash The company paid \$4,000 in cash dividends