please help set up T-Accounts for the attached income statement. i have provided all the financial data , but i am not familar with T-account statements.

Preparing Adjusting Entries, Financial Statements, and Closing Entries Seaside Surf Shop began operations on July 1, 2014, with an initial investment of $50,000. During the initial 3 months of operations, the following cash transactions were recorded in the firm's checking account. Cash receipts Cash payments Initial investment by owner.......$ 50,000 Rent .........................$ 24,000 Collected from customers .......81,000 Fixtures and equipment .........25,000 Borrowed from bank 7/1/2014 ....10,000 Merchandise inventory ..........62,000 Total cash receipts............. $141,000 Salaries ......................6,00 0 Other expenses................13,000 Total cash payments............ $130,000 Additional information 1. Most sales were for cash, however, the store accepted a limited amount of credit sales; at September 30, 2014, customers owed the store $9,000. 2. Rent was paid on July 1 for six months. 3. Salaries of $3,000 per month are paid on the 1st of each month for salaries earned in the month prior. 4. Inventories are purchased for cash; at September 30, 2014, inventory worth $21,000 was available. 5. Fixtures and equipment were expected to last five years with zero salvage value. 6. The bank charges 12% annual interest (1% per month) on its bank loan. Required Required: Prepare any necessary adjusting entries at September 30,2014, (using the financial statement effects template and in Journal entry form. b) Set up T-accounts and post the adjusting entries to them. c) Prepare its initial three-month income statement for 2014 and its balance sheet at September 30, 2014(ignore Taxes) d) Analyze the statement from part C and assess the company's performance over its initial 3 months. ncome Statement Income Statement For the Months July - September 30, 2014 Expenses Income To cost of goods sold 41,000 To gross profit 49,000 To Rent 12,000 To Salaries 9,000 To Other Expenses 13,000 To Depreciation - 25,000 / 5 5,000 To interest Paid on loan - 1 % * 10,000 * 3 300 To net profit 9,700 Total 90,00 0 Sales - $ 81,000 + $ 9,000 90,000 Total 90,00 0 Balance Sheet Balance Sheet Liabilities Assets Capital Current Liabilties Current Assets Salaries Outstanding 3,000 Cash 11,000 Accured Interest 300 Inventory 21,000 Current Liabilties 3,300 Equity and long term loan Advance Rent 12,000 Accounts Receivables 9,000 Current Assets 53,000 Opening Balance 50,00 0 Add: Profiit / ( loss ) 9,700 Fixtures and furnitures 25,000 Ending Balance 59,70 0 Less: Depreciation 5000 Fixtures and furnitures 20,000 Total 73,000 Bank loan 10,00 0 Total 73,00 0