The following events occur during September:

a$.$ Webworks purchases supplies worth $$120$ on account.

b$.$ At the beginning of September, Webworks had $19$ keyboards costing $$100$ each and $110$ flash drives costing $$10$ each. Webworks has decided to use perpetual FIFO to cost its inventory.

c$.$ On account, Webworks purchases thirty keyboards for $$105$ each and fifty flash drives for $$11$ each.

d$.$ Webworks starts and completes five more Web sites and bills clients for $$3,000.$

e$.$ Webworks pays Nancy $$500$ for her work during the first three weeks of September.

f$.$ Webworks sells $40$ keyboards for $$6,000$ and $120$ flash drives for $$2,400$ cash.

g$.$ Webworks collects $$2,500$ in accounts receivable.

h$.$ Webworks pays off its salaries payable from August.

i$.$ Webworks pays off $$5,500$ of its accounts payable.

j$.$ Webworks pays off $$5,000$ of its outstanding note payable.

k$.$ Webworks pays Leon salary of $$2,000.$

l$.$ Webworks pays taxes of $$795$ in cash.

Required:

A$.$ Prepare journal entries for the above events.

B$.$ Post the journal entries to T$-$accounts.

C$.$ Prepare an unadjusted trial balance for Webworks for September.

D$.$ Prepare adjusting entries for the following and post them to your T$-$accounts.

m$.$ Webworks owes Nancy $$300$ for her work during the last week of September.

n$.$ Leon$$s parents let him know that Webworks owes $$275$ toward the electricity bill. Webworks will pay them in October.

o$.$ Webworks determines that it has $$70$ worth of supplies remaining at the end of September.

p$.$ Prepaid rent should be adjusted for September$$s portion.

q$.$ Webworks is continuing to accrue bad debts so that the allowance for doubtful accounts is $10$ percent of accounts receivable.

E$.$ Prepare an adjusted trial balance.

F$.$ Prepare financial statements for September.