Please help me with these I kind of know how I just want to make sure I am correct

P3-1A Analyze transactions and compute net income On April 1, DeDonder Travel Agency Inc. was established. These transactions were completed during the month. 1. Stockholders invested $30,000 cash in the company in exchange for common stock. 2. Paid $900 cash for April office rent. 3. Purchased office equipment for $3,400 cash. 4. Purchased $200 of advertising in the Chicago Tribune, on account. 5. Paid $500 cash for office supplies. 6. Performed services worth $12,000. Cash of $3,000 is received from customers, and the balance of $9,000 is billed to customers on account. 7. Paid $400 cash dividends. 8. Paid Chicago Tribune amount due in transaction (4) 9. Paid employees' salaries $1,800. 10. Received $9,000 in cash from customers billed previously in transaction (6). Instructions (a) Prepare a tabular analysis of the transactions using these column headings: Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Common Stock, and Retained Earnings (with separate columns for Revenues, Expenses, and Dividends). Include margin explanations for any changes in Retained Earnings. (b) From an analysis of the Retained Earnings columns, compute the net income or net loss for April. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . DEDONDER TRAVEL AGENCY INC. Assets Cash + 1. + Equipment Value = + + Stockholders' Equity Common Stock Value + Revenue - Expenses Value 3. + Supplies Liabilities Accounts Payable Value 2. Accounts Receivable = - Dividends Value Value 4. Value 5. Value 6. Value 7. Value 8. Value 9. Value Value 10. Value Value Value ? (b) Value Value Value Value Value + ? Service Revenue Expenses Salaries and Wages Expense Rent Expense Advertising Expense Net Income + ? ? Value Value Value Value OR Revenues Less: Expenses Net Income + Value Value ? ? ? = ? + ? + ? - ? - ? P3-3A Analyze transactions and prepare an income statement, retained earnings statement, and balance sheet Cindy Braun created a corporation providing legal services, Cindy Braun Inc., on July 1, 2014. On July 31, the balance sheet showed Cash $4,000; Accounts Receivable $2,500; Supplies $500; Equipment $5,000; Accounts Payable $4,200; Common Stock $6,200; and Retained Earnings $1,600. During August, the following transactions occurred. Aug 1 4 9 15 19 23 26 31 Collected $1,100 of accounts receivable due from customers. Paid $2,700 cash for accounts payable due. Performed services worth $5,400 of which $3,600 is collected in cash and the balance is due in September. Purchased additional office equipment for $4,000, paying $700 in cash and the balance on account. Paid salaries $1,400, rent for August $700, and advertising expenses $350. Paid a cash dividend of $700. Borrowed $5,000 from Standard Federal Bank; the money was borrowed on a 4-month note payable. Incurred utility expenses for the month on account $380. Instructions (a) Prepare a tabular analysis of the August transactions beginning with July 31 balances. The column headings should be Cash + Accounts Receivable + Supplies + Equipment = Notes Payable + Accounts Payable + Common Stock + Retained Earnings + Revenue - Expenses - Dividends. Include margin explanations for any changes in Retained Earnings. (b) Prepare an income statement for August, a retained earnings statement for August, and a classified balance sheet at August 31. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . (a) Cash July 31 Bal. $4,000 Aug 1 Assets Accounts + Receivable + Supplies + $2,500 + $500 = + + Equipment $5,000 = CINDY BRAUN INC. Liabilities Notes Accounts Payable + Payable $4,200 + + + Stockholders' Equity Common Stock $6,200 + + Retained Earnings $1,600 + Revenue - Expenses - Dividends Value 4 Value 9 Value 15 Value 19 Value Value Value Value Value Value Value Value Value 23 Value 26 Value Value Value ` 31 ? (b) + ? + ? + ? CINDY BRAUN INC. Income Statement For the Month Ended August 31, 2014 Revenues Service revenue Expenses Salaries and wages expense Rent expense Utilities expense Advertising expense Total expenses Net income Value Value Value Value Value CINDY BRAUN INC. Retained Earnings Statement For the Month Ended August 31, 2014 Retained earnings, August 1 Add: Net income Less: Dividends Retained earnings, August 31 CINDY BRAUN INC. Balance Sheet August 31, 2014 ? ? Value Value Value Value ? = ? + Value ? + ? + ? + ? - Value ? - ? Assets Current assets Cash Accounts receivable Supplies Total current assets Equipment Total assets Value Value Value ? Value ? Liabilities and Stockholders' Equity Current liabilities Notes payable Account payable Total current liabilities Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity Value Value ? Value Value ? ? s P3-7A Prepare a correct trial balance This trial balance of Swisher Co. does not balance. SWISHER CO. Trial Balance June 30, 2014 Debit Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries and Wages Expense Utilities Expense Credit 3090 3190 800 3000 3686 1200 9000 800 3480 3600 910 13500 19256 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors: 1. Cash received from a customer on account was debited for $780, and Accounts Receivable was credited for the same amount. The actual collection was for $870. 2. The purchase of a printer on account for $340 was recorded as a debit to Supplies for $340 and a credit to Accounts Payable for $340. 3. Services were performed on account for a client for $900. Accounts Receivable was debited for $90 and Service Revenue was credited for $900. 4. A debit posting to Salaries and Wages Expense of $700 was omitted. 5. A payment on account for $206 was credited to Cash for $206 and credited to Accounts Payable for $260. 6. Payment of a $600 cash dividend to Swisher's stockholders was debited to Salaries and Wages Expense for $600 and credited to Cash for $600. Instructions Prepare the correct trial balance. (Hint: All accounts have normal balances.) NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . SWISHER CO. Trial Balance June 30, 2014 Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Dividends Service Revenue Salaries and Wages Expense Utilities Expense Debit Value Value Value Value Credit Value Value Value Value Value Value Value