So I was able to get the balance sheet for Dec 31, 2018 but having issues with the journal entries #17, #18, #22, #23 Thanks for any help

Activities LibreOffice Calc May 21 12:34:57 ,i 48.9"F Summer 2019 Mod 3 Excel Workbook Assignment 1.xlsx - LibreOffice Colc File Fdit View Insert Farmat Styles Sheet Data Tacls Wincow Help fx Background Information: The Balance Shect for December 31, 2018 for beginning balancesnceded for T-Accounts. A61 Background Information: The Balance Sheet for December 31, 2018 for beginning 63 balances needed for T-Accounts. Candy Earth, Co. 65 Balance Sheet December 31, 2018 68 Assets 70 Current Assets 71 Cash 346,890 Accounts Receivable 31,878 405) Allowance for Doubtful Accounts 73 4 Supplies Inventory 75 Merchandise Inventory Prepaid Insurance Total Current Assets 970 1,118,695 754 1,498,782 18 79 Property, Plant, and Equipment Land 120,000 525,000 (52,500) 80 Buildings 82 Accumulated Depreciation--Buildings Furniture and Equipment 18,000 83 84 Accumulated Depreciation--Furniture and Equipment Net Property, Plant, and Equipment (12,000) 598,500 85 86 $2,097,282 Total Assets + Part A JEs & Background Info Part i. ' Accts & Acct Equstion Part C . I nal 531 & los ng JE Part U, Mur: ple-stes rc Str Pat E St t r Het Earnings Ps-F. Comparattve uzl Sheet Part G tern ngs er s are at H rc Stmt at 05 t Englis, IUSA e Sum: 0 Activities LibreOffice Calc May 21 12:35:13 48.9 'F Summer 2019 Mod 3 Excel Workbook Assignment 1.xlsx - LibreOffice Colc File Fdit View Insert Farmat Styles Sheet Data Tacls Wincow Help -fx I Background lnformation: The Balance Sheet for December 31, 2018 for beginning balances ncoded for T-Accounts A61 Liabilities and Stockholders' Equity o Current Liabilities Accounts Payable 9Salaries Payable Interest Payable Taxes Payable 303,656 9,510 28,000 93 46,878 94 Total Current Liabilities 388,044 95 97 Long-term Liabilities Note Payable Mortgage Note Payable Total Long-term Liabilities 260,000 300,000 560,000 100 Total Liabilities 948,044 104 Stockholders' Equity 105 | Common Stock, 10,000 shares issued and outstanding, $10 p 100,000 1,049,238 1,149,2318 Retained Earnings Total Stockholders' Equity 106 107 Total Liabilities and Stockholders' Equity 2.097,282 110 112 113 114 + Part A JEs & Background Info Part i. ' Accts & Acct Equstion Part C . I nal 531 & los ng JE Part U, Mur: ple-stes rc Str Pat E St t r Het Earnings Ps-F. Comparattve uzl Sheet Part G tern ngs er s are at H rc Stmt at 05 t Englis, IUSA e Sum: 0 May 21 12:35:52 ,i 48.9"F Activities LibreOffice Calc Summer 2019 Mod 3 Excel Workbook Assignment 1.xlsx - LibreOffice Colc File Fdit View Insert Farmat Styles Sheet Data Tacls Wincow Help fx Background Information: The Balance Shect for December 31, 2018 for beginning balancesnceded for T-Accounts. A61 Candy Earth, Co., is known tor the candies. The business started up in Jan 2015 Try to complete the Journal Entries for all 2019 transaction and adjustment info. No need for the dates. Sum up debit and credit so that they balance. The first journal entry has 0 been completed. 303,656 Cash 12 13 14 6 Transaction and Adjustment Data: 17 1 Paid the $303,656 owed on account at year end 2018 18 2 Collected the $31,878 of accounts receivable due to them at yearend 2018 19 3Paid the interest of $28,000 that was payable at year end 2018 4 Paid the $9,510 in salaries owed at year end 2018 21 5 Made a payment on the mortgage note of $15,050 6 Paid $3,420 to renew their annual insurance policy on March 1, 2019 23 7 Paid the taxes owed of $46,878 at year end 2018 48Made a payment on the long-term note of $86,100 25 9Issued 1,800 shares of Common Stock on May 1, 2019 for $10 per share. 6 10 Purchased additional Furniture & Equipment on May 1, 2019 costing $63,000 due 27 to increased shipping activities for their growing online presence 28 11 Purchased inventory during the year that cost $1,764,640. The company owed 29 $409,300 on these purchases at year end 2019 30 12 Purchased a new computerized sales system on June 1, 2019 for $81,440 in cash The system has a useful economic life of 3 years and will be depreciated monthly 31 32 using the straight line method. The system has a salvage value of $8,000 33 13 sales of candies for 2019 were $2,564,230. At December 31, 2019, $51,278 of this amount was still listed as receivable 14 The total cost of the goods sold during 7019a $1 6R9 756 + Part A JEs & Background Info Part i. ' Accts & Acct Equster Part C . I nal 531 & los ng JE Part U, Mur: ple-stes rc Str Pyt E St t r Het Ear Ps-F. Comparattee ial Sheet Part G tern ngs er s are at H rc Stmt at 05 t ngs Englis, IUSA May 21 12:36:04 48.9 'F Activities LibreOffice Calc Summer 2019 Mod 3 Excel Workbook Assignment 1.xlsx - LibreOffice Colc File Fdit View Insert Farmat Styles Sheet Data Tacls Wincow Help fx A61 Background information: The Balance Sheet for December 31, 2018 for beginning balances needed for T-Accounts. , 35 14 The total cost of the goods sold during 2019 was $1,689,756. 36 15 supplies inventory of $4,729 was purchased with cash during 2019. Total supplies 3 inventory of $726 was still on hand at year end 2019 38Total Salaries Expense for the year was $135,422 and total interest expense was 16$24,012. Salaries of $7,580 and interest of $24,012 are still payable at year end 2019 39 40 17 Depreciation expense needs to be recorded on ALL buildings, furniture and equipment, and the new computer system at year end 2019. All items are 43depreciated on a monthly basis using straight line depreciation. The building has a useful life of 40 years and the furniture and equipment is depreciated over 6 years--there is no salvage value on the buildings or the furniture and equipment. As noted above, the new sales system has a useful life of 3 years and has a salvage 45 16 value of $8,000 47 18 The Prepaid Insurance and the Supplies Inventory need to be adjusted at year end 2019 so that the proper amount for insurance expense and supplies expense is recorded. See items 6 and 15 for details. (If you adjusted the supplies in #15, do 48 49 50 not do it again) 51 19 Estimated income tax payable amounts for 2019 equaling $86,500 were paid 52 during the year as they became due 53 20 The company paid out cash dividends totaling $2,050 to its shareholders. 54 21 The company determined that a customer account was not collectible, and wrote 55 off $378 on December 31 22 Tete The company believes that 2% of ending Accounts Receivable is a reasonable 5estimate of its Allowance for Doubtful Accounts balance. The Company uses the 58 allowance method to record bad debts. 59 | 23 Tax expense is 21% of Income before Income Tax. 60 + Part A JEs & Background Info Part i. ' Accts & Acct Equster Part C . I nal 531 & los ng JE Part U, Mur: ple-stes rc Str Pyt E St t r Het Ear Ps-F. Comparattee ial Sheet Part G tern ngs er s are at H rc Stmt at 05 t ngs Englis, IUSA