Prepare all the T accounts, unadjusted trial balance, ajusted trial balance, closing trial balance, income statemnet, and balance sheet. i mostly need help with the retained earnings and balance sheet, my numbwrs dont add up.

1.2 Accounting Review Assignment Wood, Corp was created on June 1. The company owns and operates a shoe store. complete the following transactions June 1--Issued 100,000 shares of common stock in exchange for $250,000 cash. June 2--Purchased fixtures (asset) at a cost of $100,000. $40,000 was paid in cash and a note payable was signed for the balance owed. June 4- Paid $14,000 in rent on the building for the month of June. June 7.-Purchased inventory on account at a cost of $200,000. The company uses the periodic method. June 10--Credit sales (on account) for the month totaled $280,000. June 15--Paid $120,000 on account for merchandise purchased in transaction 4. June 20--Collected $55,000 from customers on account billed in transaction 5. June 22--Paid $2,500 for utilities expense. June 25--Paid $24,000 for 12 months of insurance. June 28.-Paid $3,000 for advertising expense. June 30--Paid dividends of $4,750. Complete the following adjusting entries. June 30--At the end of the month, the inventory was counted and had a value of $125,000. Make the necessary adjusting journal entry to close the purchases account and calculate the cost of goods sold. June 30--Adjust the prepaid insurance account for the amount used during the month. June 30--All employees are paid once a month and receive their paycheck on the tenth of each month. Payroll Expense for the month was $150,000. The following items need to be completed to use in Unit 02.01. Mournal Entries T-Accounts Trial Balance (Unadjusted, Adjusted, Closing) Income Statement Balance Sheet If you do not understand how to complete this assignment, please watch the nine accounting review videos again. You will not be successful in Acct 290 or Acct 304 without this knowledge. 1.2 Accounting Review Assignment Wood, Corp was created on June 1. The company owns and operates a shoe store. complete the following transactions June 1--Issued 100,000 shares of common stock in exchange for $250,000 cash. June 2--Purchased fixtures (asset) at a cost of $100,000. $40,000 was paid in cash and a note payable was signed for the balance owed. June 4- Paid $14,000 in rent on the building for the month of June. June 7.-Purchased inventory on account at a cost of $200,000. The company uses the periodic method. June 10--Credit sales (on account) for the month totaled $280,000. June 15--Paid $120,000 on account for merchandise purchased in transaction 4. June 20--Collected $55,000 from customers on account billed in transaction 5. June 22--Paid $2,500 for utilities expense. June 25--Paid $24,000 for 12 months of insurance. June 28.-Paid $3,000 for advertising expense. June 30--Paid dividends of $4,750. Complete the following adjusting entries. June 30--At the end of the month, the inventory was counted and had a value of $125,000. Make the necessary adjusting journal entry to close the purchases account and calculate the cost of goods sold. June 30--Adjust the prepaid insurance account for the amount used during the month. June 30--All employees are paid once a month and receive their paycheck on the tenth of each month. Payroll Expense for the month was $150,000. The following items need to be completed to use in Unit 02.01. Mournal Entries T-Accounts Trial Balance (Unadjusted, Adjusted, Closing) Income Statement Balance Sheet If you do not understand how to complete this assignment, please watch the nine accounting review videos again. You will not be successful in Acct 290 or Acct 304 without this knowledge