Please solve it accurately for me .

G H Jenny Watson started her consulting business, Jenny Consulting in 2020. During January 2021, Jenny Consulting had the following transactions: M N January 2 Received cash from clients for payment in advance for services to be provided in future, 51,000 . 9 Paid cash for advertisement expenses, $500 16 Paid total cash of SA 100 for salaries, including January salaries of $3,200 and $1,200 of salaries payable from December 7 20 Purchased supplies on account, 5400 3 22 Received cash from clients on account, $2,800 -9 25 Performed services on account and billed clients for services provided $980 10 28 Received cash for services performed in January, 55,800 11 29 Jenny withdrew $2,000 from capital 12 30 Paid cash for telephone bill, $150 13 14 Required: 1. Record the January transactions in the general journal. Please include an explanation for each journal entry 15 The company's trial balance for Jenny Consulting on December 31, 2020 is as follows: These balances have been recorded in the general ledett as the opening/beginning balance m at January 1, 2021 1 Account No. 1010 1020 1040 1050 1080 1000 2010 2020 2030 3010 3020 3030 4010 5005 5010 5020 5030 5040 5050 7 Account Name Cash Accounts Receivable Supplies Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Salaries Payabile Unearned Revenue Jenny Watson, Capital Jer Watson, Withdrawal income Summary Service Server Advertising Expenne Salaries Expense Rent Expense Supplies Expense Depreciation Expert Telephone Expense Debit $ Credits 27,800 4,100 900 3,200 15,000 1,500 BOG 1,200 2,500 40,000 h 70 71 72 TT 000 B D E Required: Prepare an Unadjusted Trial Balance Debit $ Credit $ Account Name Cash Accounts Receivable Supplies Prepaid Rent Office Equipment Accumulated Depreciation- Office Equipment Accounts Payable Salaries Payable 5 Unearned Revenue 5 Jenny Watson, Capital 7 Jenny Watson, Withdrawals 3 Income Summary 9 Service Revenue 0 Advertising Expense 1 Salaries Expense 22 Rent Expense 23 Supplies Expense 24 Depreciation Expense 25 Telephone Expense 26 27 28 29 D E G H B t the end of January, the following adjustments were required. 1. Physical count for Supplies on hand: cost $850 on January 31. 2. Depreciation was calculated for January, $125. 3. Accrued salaries on January 31, $600. 4. Rent was used during January, $1,500 5. Unearned Revenue were earned during January, $2,500. Required: Complete the following worksheet Jenny Consulting Worksheet For the month anded January 31, 2021 $ Unadjusted Trial Balance Debit Credit Adjustments Debit Credit Adjusted Trial Balance Debit Credit adent for adiTB bal 1 4 2 3 Account Name Cash Accounts Receivable Supplies Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Salaries Payable Unnamed Revenue Jenny Watson, Capital Jene Watson Withdrawals Income Summary Service leven Advertising Expense Sales Expense Rent Expense Supplies Expense Depreciation Experte Telephone Expense 5 5 2 =658+055 M N A B K Required: Prepare an income statement, a statement of owner's equity and a balance sheet from the adjusted trial balance in Part 3 Mark Jenny Consulting Income Statement For the month ended January 31, 2021 S $ Itevenue Service Revenue Expenses Advertising Expense Salaries Expense Rent Expense Supplies Expense Depreciation Expense Telephone Expense Total expenses Net Income 5 5 9 0 Jenny Consulting Statement of Owner's Equity For the month ended January 31, 2021 $ Jenny Watson, Capital, January 1, 2021 Net Income 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Withdrawals Jenny Watson, Capital, January 31, 2021 Jenny Consulting Balance Sheet As of January 31, 2021 S $ 37 38 39 40 41 42 43 Assets: Cash Accounts Receivable Supplies Ident Jenny Consulting Balance Sheet As of January 31, 2021 $ S lo Assets: Cash Accounts Receivable Supplies Prepaid Rent Office Equipment Less: Accumulated Depreciation Total Assets Liabilities: Accounts Payable Salaries Payable Unearned Revenue Total Liabilities Owner's Equity Jenny Watson, Capital Total Liabilities and Owner's Equity B C D E E G H 1 Jenny Consulting wants to close the accounting period as at January 31, 2021. M N 0 This involves bringing the balances in all revenue, expense, and drawings accounts to rero, and updating the balance in the Owner's Capital account. 3 4 Required: Prepare closing entries and a post-closing trial balance 5 6 Prepare closing entries 7 1. close revenue accounts: Debit each individual revenue account for its balance, and credit Income Summary for total revenues, a 2. close expense accounts: Debit Income Summary for total expenses, and credit each individual expense account for its balance 9 3. close Income Summary account: Debit Income Summary for its balance for credit it if there is a loss) and credit debit) the Owner's Capital account, 10 4. Debit the Owner's Capital account and credit the Owner's Drawings account for the balance in drawings 11 General lournal Date 1 lanuary AC no. PR:10 Credits Mark Debits Description 31 Service Revenue Income Summary To close revenue account 4010 3030 12 13 14 15 16 12 18 19 20 11 22 2 Income Summary Advertising Expense Salaries Expense Rent Expense Supplies Expense Depreciation Expense Telephone Expense 3030 5005 5010 5020 5030 5040 sasa 4. Debit the Owner's Capital account and credit the Owner's Drawings account for the balance in drawings M N 10 11 o PR: 210 Mark Date 1 January AC no. General Journal Description 31 Service Revenue Income Summary To close revenue account Debit $ Credits 4010 3030 2 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Income Summary Advertising Expense Salaries Expense Rent Expense Supplies Expense Depreciation Expense Telephone Expense To close expense accounts 3030 500S 5010 5020 5030 5040 5050 a Income Summary Jenny Watson, capital To close profit to capitol 30.30 3010 4 Jenny Watson, capital Jenny Watson, drawings To dose drawings account 3010 3020 Jenny Watson, drawings To close drawings account 3020 Assuming all closing entries have been jounalized and posted, prepare a post-closing trial balance for Jenny Consulting as follows: Debit Credits Jenny Consulting Post Closing Trial Balance January 31, 2021 Account Name Cashi Accounts Receivable Supplies Prepaid Rent Office Equipment Accumulated Depreciation Office Equipment Accounts Payable Salaries Payable Unearned Revenue Jenny Watson, Capital 2 34 35