PLEASE I NEED HELP WITH ALL YOU CAN SINCE JUNE 28 TO CLOSE THE DIVIDENDS ACCOUNT #39THANK YOU SO MUCH FOR YOUR HELP!!!

\begin{tabular}{l|l} 21. & June 28: Billed $5,700 to miscellaneous customers for services performed to June 25 . \end{tabular} \begin{tabular}{l|l} 22. & June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. \end{tabular} \begin{tabular}{l|l} 23. & June 29: Cash in the amount of $5,400 was received for billings. \end{tabular} 24. June 29: Paid salaries of $985 to equipment operators for the week ending June 25 . \begin{tabular}{l|l} 25. & June 30: Received a bill for the amount of $940 from O&G Oil and Gas Co. \end{tabular} June 30: Paid a cash dividend of $0.19 per share to the three shareholders of Byte. [IMPORTANT 26. NOTE: The number of shares of capital stock outstanding can be determined from the first three transactions.] Adjusting Entries - Round to two decimal places. \begin{tabular}{l|l} 27. & The rent payment made on June 17 was for June, July, August and September. Expense the amount associated with one month's rent. \\ \hline \end{tabular} \begin{tabular}{l|l} 28. A physical inventory showed that only $225.00 worth of office supplies remained on hand as of June 30. \end{tabular} 29. The annual interest rate on the mortgage payable was 8.75 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 30. Information relating to the prepaid insurance may be obtained from the transaction recorded on June 14 . Expense the amount associated with one half month's insurance. 31. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,375 for the period of June 28-30. \begin{tabular}{l|l} 32. & The fixed assets have estimated useful lives as follows: \end{tabular} Building 31.5 years Computer Equipment - 5.0 years Office Equipment - 7.0 years Use the straight-line method of depreciation. Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's scrap value is $7,500. The office equipment has a scrap value of $400. The computer equipment has no scrap value. Calculate the depreciation for one month. \begin{tabular}{l|l|} 33. & A review of the payroll records show that unpaid salaries in the amount of $591.00 are owed by Byte for three days, June 2830. \\ \hline \end{tabular} 34. The note payable relating to the June 2, and 10 transactions is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $140,000. On June 10 , eight days later, $26,750 was repaid. Interest expense must be calculated on the $140,000 for eight days. In addition, interest expense on the $113,250 balance of the loan ($140,000 less $26,750=$113,250 ) must be calculated for the 20 days remaining in the month of June.] 35. Income taxes are to be computed at the rate of 25 percent of net income before taxes. [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] \begin{tabular}{l|l} 36. & Close the revenue accounts. \\ \hline \end{tabular} \begin{tabular}{l|l} 37. & Close the expense accounts. \\ \hline \end{tabular} \begin{tabular}{l|l} 38. & Close the income summary account. \end{tabular} 39. Close the dividends account. Step II - Journalizing the Transactions. Using your unique transactions record the corresponding general journal entry, rounding to two decimal places. For example, 01 June 1: Joseph made an investment in Byte of Accounting, Inc. by purchasing 2,000 shares of its common stock for $40,000 cash. The par value of the common stock was $20 per share. In the date field enter the date of the transaction. If you do not enter a date value an error message will appear. In the account field enter the account number that corresponds to the account in the chart of accounts. You can also use the pull down list to find the appropriate account number. If you use a number that is not on the chart of accounts an error message will appear. \begin{tabular}{|l|l|} \hline Number Name & Normal Balance \\ \hline 1110 Cash & Debit \\ \hline 1120 Accounts Receivable & Debit \\ \hline 1130 Prepaid Insurance & Debit \\ \hline 1140 Prepaid Rent & Debit \\ \hline 1150 Office Supplies & Debit \\ \hline 1211 Office Equip. & Debit \\ \hline 1212 Accum. Depr.-Office Equip. & Credit \\ \hline 1311 Computer Equip. & Debit \\ \hline 1312 Accum. Depr.-Computer Equip. & Credit \\ \hline 1411 Building Cost & Debit \\ \hline 1412 Accum. Depr.-Building & Credit \\ \hline 1510 Land & Debit \\ \hline 2101 Accounts Payable & Credit \\ \hline 2102 Advanced Payments & Credit \\ \hline 2103 Interest Payable & Credit \\ \hline 2105 Salaries Payable & Credit \\ \hline 2106 Income Taxes Payable & Credit \\ \hline 2201 Mortgage Payable & Credit \\ \hline 2202 Notes Payable & Credit \\ \hline 3100 Capital Stock & Credit \\ \hline 3200 Retained Earnings & Credit \\ \hline 3300 Dividends & Debit \\ \hline 3400 Income Summary & Credit \\ \hline 4100 Computer \& Consulting Revenue & Credit \\ \hline 5010 Rent Expense & Debit \\ \hline 5020 Salary Expense & Debit \\ \hline 5030 Advertising Expense & Debit \\ \hline 5040 Repairs \& Maint. Expense & Debit \\ \hline 5050 Oil \& Gas Expense & Debit \\ \hline 5080 Supplies Expense & Debit \\ \hline 5090 Interest Expense & Debit \\ \hline 5100 Insurance Expense & Debit \\ \hline 5110 Depreciation Expense & Debit \\ \hline 5120 Income Tax Expense & Debit \\ \hline \end{tabular} \begin{tabular}{l|l} 21. & June 28: Billed $5,700 to miscellaneous customers for services performed to June 25 . \end{tabular} \begin{tabular}{l|l} 22. & June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co. \end{tabular} \begin{tabular}{l|l} 23. & June 29: Cash in the amount of $5,400 was received for billings. \end{tabular} 24. June 29: Paid salaries of $985 to equipment operators for the week ending June 25 . \begin{tabular}{l|l} 25. & June 30: Received a bill for the amount of $940 from O&G Oil and Gas Co. \end{tabular} June 30: Paid a cash dividend of $0.19 per share to the three shareholders of Byte. [IMPORTANT 26. NOTE: The number of shares of capital stock outstanding can be determined from the first three transactions.] Adjusting Entries - Round to two decimal places. \begin{tabular}{l|l} 27. & The rent payment made on June 17 was for June, July, August and September. Expense the amount associated with one month's rent. \\ \hline \end{tabular} \begin{tabular}{l|l} 28. A physical inventory showed that only $225.00 worth of office supplies remained on hand as of June 30. \end{tabular} 29. The annual interest rate on the mortgage payable was 8.75 percent. Interest expense for one-half month should be computed because the building and land were purchased and the liability incurred on June 16. 30. Information relating to the prepaid insurance may be obtained from the transaction recorded on June 14 . Expense the amount associated with one half month's insurance. 31. A review of Byte's job worksheets show that there are unbilled revenues in the amount of $5,375 for the period of June 28-30. \begin{tabular}{l|l} 32. & The fixed assets have estimated useful lives as follows: \end{tabular} Building 31.5 years Computer Equipment - 5.0 years Office Equipment - 7.0 years Use the straight-line method of depreciation. Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's scrap value is $7,500. The office equipment has a scrap value of $400. The computer equipment has no scrap value. Calculate the depreciation for one month. \begin{tabular}{l|l|} 33. & A review of the payroll records show that unpaid salaries in the amount of $591.00 are owed by Byte for three days, June 2830. \\ \hline \end{tabular} 34. The note payable relating to the June 2, and 10 transactions is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $140,000. On June 10 , eight days later, $26,750 was repaid. Interest expense must be calculated on the $140,000 for eight days. In addition, interest expense on the $113,250 balance of the loan ($140,000 less $26,750=$113,250 ) must be calculated for the 20 days remaining in the month of June.] 35. Income taxes are to be computed at the rate of 25 percent of net income before taxes. [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] \begin{tabular}{l|l} 36. & Close the revenue accounts. \\ \hline \end{tabular} \begin{tabular}{l|l} 37. & Close the expense accounts. \\ \hline \end{tabular} \begin{tabular}{l|l} 38. & Close the income summary account. \end{tabular} 39. Close the dividends account. Step II - Journalizing the Transactions. Using your unique transactions record the corresponding general journal entry, rounding to two decimal places. For example, 01 June 1: Joseph made an investment in Byte of Accounting, Inc. by purchasing 2,000 shares of its common stock for $40,000 cash. The par value of the common stock was $20 per share. In the date field enter the date of the transaction. If you do not enter a date value an error message will appear. In the account field enter the account number that corresponds to the account in the chart of accounts. You can also use the pull down list to find the appropriate account number. If you use a number that is not on the chart of accounts an error message will appear. \begin{tabular}{|l|l|} \hline Number Name & Normal Balance \\ \hline 1110 Cash & Debit \\ \hline 1120 Accounts Receivable & Debit \\ \hline 1130 Prepaid Insurance & Debit \\ \hline 1140 Prepaid Rent & Debit \\ \hline 1150 Office Supplies & Debit \\ \hline 1211 Office Equip. & Debit \\ \hline 1212 Accum. Depr.-Office Equip. & Credit \\ \hline 1311 Computer Equip. & Debit \\ \hline 1312 Accum. Depr.-Computer Equip. & Credit \\ \hline 1411 Building Cost & Debit \\ \hline 1412 Accum. Depr.-Building & Credit \\ \hline 1510 Land & Debit \\ \hline 2101 Accounts Payable & Credit \\ \hline 2102 Advanced Payments & Credit \\ \hline 2103 Interest Payable & Credit \\ \hline 2105 Salaries Payable & Credit \\ \hline 2106 Income Taxes Payable & Credit \\ \hline 2201 Mortgage Payable & Credit \\ \hline 2202 Notes Payable & Credit \\ \hline 3100 Capital Stock & Credit \\ \hline 3200 Retained Earnings & Credit \\ \hline 3300 Dividends & Debit \\ \hline 3400 Income Summary & Credit \\ \hline 4100 Computer \& Consulting Revenue & Credit \\ \hline 5010 Rent Expense & Debit \\ \hline 5020 Salary Expense & Debit \\ \hline 5030 Advertising Expense & Debit \\ \hline 5040 Repairs \& Maint. Expense & Debit \\ \hline 5050 Oil \& Gas Expense & Debit \\ \hline 5080 Supplies Expense & Debit \\ \hline 5090 Interest Expense & Debit \\ \hline 5100 Insurance Expense & Debit \\ \hline 5110 Depreciation Expense & Debit \\ \hline 5120 Income Tax Expense & Debit \\ \hline \end{tabular}