Problem 3-8B - PLEASE HELP me complete the full accounting cycle!

Part 1: Prepare an unadjusted trial balance

Part 2: Prepare an adjusted trial balance

Part 3: Prepare an Income Statement for the year ended December 31, 2021

Part 4: Prepare a classified balance sheet for the year ended December 31, 2021.

Part 5: Record the entry to close the revenue accounts

Part 6: Record the entry to close the expense accounts

Part 7: Record the entry to close the dividends account

Part 8: Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances.

Part 9: Prepare a post-closing trial balance

Thank you so much !!!!

Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Credits Debits $ 3,600 8,600 2,600 18,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals $ 4,400 2,400 3,400 0 14,000 8,600 $32,800 $32,800 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $11,000, and on account, $56,000. 2. March 13 Collect on accounts receivable, $44,000. 3. May 6 Issue shares of common stock in exchange for $10,000 cash. 4. June 30 Pay salaries for the current year, $31,200. 5. September 15 Pay utilities of $3,400 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $6,400. 7. December 30 Pay $1,200 cash dividends to stockholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $4,400. Plumbing supplies remaining on hand at the end of the year equal $1,000. Of the $6,400 paid in advance by customers, $5,200 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $7,800