Please help to finish up this project. these parts below needs to be completed. - Adjusting Entries - Adjusted TB - Financial Statement - Closing Entries - Post Closing TB

During its first month of operation, the Rawls Repair Corporation, which specializes in bicycle repairs, completed the following transactions: Oct. 1 Began business by making a deposit in a company bank account of $12,000, in exchange for 1,200 shares of $10 par value common stock. Oct. 1 Paid the premium on a one-year insurance policy, $1,200. Oct. 1 Paid the current month's rent, $1,040. Oct. 3 Purchased repair equipment from Conklin Company, $4,400. Paid $600 down and the balance was placed on account. Payments will be $200.00 per month for nineteen months. The first payment is due 11/1. Note: Use Accounts Payable for the Balance Due. Oct. 8 Purchased repair supplies from McKenna Company on credit, $390. Oct. 12 Paid utility bill for October, $154. Oct. 16 Cash bicycle repair revenue for the first half of October, $1,362. Oct. 19 Made payment to McKenna Company, $200. Oct. 31 Cash bicycle repair revenue for the last half of October, $1,310. Oct. 31 Declared and paid cash dividend of $800. Prepare journal entries to record the October transactions in the General Journal below. Date Oct.1 Oct.1 Oct.1 Oct.3 Oct.8 General Journal Description(Account Name) Debit Credit Deposit Cash $1,200.00 Common Stock $1,200.00 Paint Current Month Rent Store Rent expense $1,040.00 Cash $1,040.00 Prepaid Insurance Cash $1,200.00 Insurance Expense $1,200.00 Purchased Repair Equipment Repair Equipment $4,400.00 Cash $600.00 Accounts Payable $3,800.00 Accounts Payable Cash $390.00 Supplies $390.00