PLease help me I am so stuck on this assignment and I have no idea where to even start

Assessment 1, Parts 1-5 Accounting Cycle Steps Preparation Data Sheet The trial balance of Dorothy's Young Fashions contained the following account balances on July 31, 2015, the end of the company's fiscal year: Dorothy's Young Fashions Trial Balance July 31, 2015 Cash Accounts Receivable Merchandise Inventory Store Supplies Store Equipment Accumulated Depreciation - Store Equipment Delivery Equipment Accumulated Depreciation - Delivery Equipment Notes Payable Accounts Payable Common Stock Retained Rearnings Sales Sales Returns and Allowances Cost of Goods Sold Salaries Expense Advertising Expense Utilities Expense Repair Expense Delivery Expense Rent Expense Debit $13,350 16,850 22,500 2,750 42,500 Credit $9,000 24,000 3,000 25,500 24,250 45,000 4,000 378,600 2,100 248,700 70,000 13,200 7,000 6,050 8,350 12,000 $489,35 0 $489,350 Adjusting Information a) Stores Supplies on hand totaled $1,750. b) Depreciation was $4,500 on the Store Equipment and $3,500 on the Delivery Equipment. c) Interest of $5,500 is accrued on Notes Payable at July 31, 2015. Additional Information a) Salaries Expense is 70% selling expense and 30% administrative expense. b) Rent Expense and Utilities Expense are allocated 80% to selling expenses and 20% to administrative expenses. c) $15,000 of the Notes Payable will be due for payment during the next year. d) Repair Expense is 100% administrative. 1 Assessment 1 Template Accounting Cycle Assessment Part 1: Adjusting Entries Date Account Title Debit Credit 1 Assessment 1 Template Part 2: Adjusted Trial Balance Income DOROTHY's YOUNG FASHIONS Adjusted Trial Balance July 31, 2015 Dr. Cr. Cash............................................................................................................. Accounts Receivable.................................................................................. Merchandise Inventory............................................................................... Store Supplies ........................................................................................... Store Equipment......................................................................................... Accumulated Depr.Store Equipment .............................................................................................. Delivery Equipment.................................................................................... Accumulated Depr.Delivery Equipment .............................................................................................. Notes Payable............................................................................................. Accounts Payable....................................................................................... Common Stock........................................................................................... Retained Earnings...................................................................................... Sales............................................................................................................ Sales Returns and Allowances.................................................................. Cost of Goods Sold.................................................................................... Salaries Expense........................................................................................ Advertising Expense.................................................................................. Utilities Expense......................................................................................... Repair Expense........................................................................................... Delivery Expense........................................................................................ Rent Expense.............................................................................................. Store Supplies Expense............................................................................. Depreciation ExpenseStore Equipment................................................ Depreciation ExpenseDelivery Equipment........................................... Interest Expense......................................................................................... Interest Payable.......................................................................................... Totals..................................................................................................... 2 Assessment 1 Template Part 3: Multiple Step Income Statement DOROTHY'S YOUNG FASHIONS Income Statement For the Year Ended July 31, 2015 Sales revenue Sales.......................................................................................................... Less: Sales returns and allowances....................................................... Net sales.................................................................................................... Cost of goods sold.................................................................................................. Gross profit.............................................................................................................. Operating expenses Selling expenses Salaries expense......................................................................... Advertising expense................................................................... Rent expense............................................................................... Delivery expense......................................................................... Utilities expense.......................................................................... Depr. exp.store equipment..................................................... Depr. exp.deliv. equipment..................................................... Stores supplies expense............................................................ Total selling expenses......................................................... Administrative expenses Salaries expense......................................................................... Repair expense............................................................................ Rent expense............................................................................... Utilities expense.......................................................................... Total admin. expenses........................................................ Total oper. expenses.................................................... Income from operations......................................................................................... Other expenses and losses Interest expense....................................................................................... Net loss.................................................................................................................... 3 Assessment 1 Template Part 3 (Continued) DOROTHY's YOUNG FASHIONS Retained Earnings Statement For the Year Ended July 31, 2015 Retained earnings, August 1, 2014.................................................................................................. Less: Net loss.................................................................................................................................... Retained earnings, July 31, 2015..................................................................................................... DOROTHY'S YOUNG FASHIONS Balance Sheet JULY 31, 2015 Assets Current assets Cash ...................................................................................................... Accounts receivable................................................................................ Merchandise inventory............................................................................ Store supplies........................................................................................... Total current assets..................................................................... Property, plant, and equipment Store equipment....................................................................................... Accum. depr.store equipment............................................................ Delivery equipment.................................................................................. Accum. depr.delivery equipment........................................................ Total assets.................................................................................. Liabilities and Stockholders' Equity Current liabilities Notes payable due next year................................................................... Accounts payable..................................................................................... Interest payable........................................................................................ Total current liabilities................................................................. Long-term liabilities Notes payable........................................................................................... Total liabilities.............................................................................. Stockholders' equity Common Stock......................................................................................... Retained Earnings.................................................................................... Total liabilities and stockholders' equity................................... 4 Assessment 1 Template Part 4: Closing Entries Closing Entries Date Account Title Debit Credit Part 5: Post-closing Trial Balance DOROTHY'S YOUNG FASHIONS Post-Closing Trial Balance July 31, 2015 Debit Credit Cash......................................................................................................................... Accounts Receivable.............................................................................................. Merchandise Inventory........................................................................................... Store Supplies......................................................................................................... Store Equipment..................................................................................................... Accumulated DepreciationStore Equipment..................................................... Delivery Equipment................................................................................................. Accumulated DepreciationDelivery Equipment............................................................................................................ Notes Payable.......................................................................................................... Accounts Payable................................................................................................... Interest Payable....................................................................................................... Common Stock........................................................................................................ Retained Earnings................................................................................................... 5 Assessment 1 Template 6