The image is the information given to us and the excel attachment is the formats we are suppose to use. We have to make T- Account, Journal Entry, Adjustment Trial Balance and Income Statement, balance statement, and retained earnings statement. What I have the most difficulty doing is the T account.

Account Cash Accts Rec Office supp Ppd Rent Office Equip Accum Deprec-O E Trial Balance Adjustments Debits Credits Debits Credits 12786 24840 991 1400 6700 1600 Accts Pay Notes Pay Unearned Serv Rev FIT Payable Interest Payable Salaries Payable 1820 10000 2860 Common Stk Retained Earnings Dividends 10000 19387 Sales Revenues Salaries Exp Utilities Exp Rent Expense Office Supplies Exp Depreciation Exp. Interest Expesne FIT Expense Totals Final Trial Balance Debit Credit Kinokawa Trial Balance 15000 58500 33000 1750 7700 104167 104167 Instructions: Read the events on sheet # 2, post to the "T" accounts first, then write the journal entries. After you write the journal entries, post the correct dollar amounts to the ADJUSTMENT COLUMN. After you post all of the journal entries, then add the debit and credit columns- be sure thaat the amounts totled are the same. Then add across the rows to obtain the final balance for each account. Then Total the debit and credit column, these Trial Balance ntries. After you write er you post all of the ed are the same. Then and credit column, these should be equal dollar amounts. Affter the trial balance is completed, go to sheet 4, follow the instructions. follow the instructions. from the text book page 170- Kinokawa Consultants Corporation as of December 31, 2014 Be sure to create "T" accounts on a separate paper, show ALL work; Create journal entries for each of the following transactions: Then post to the T account and worksheet. a) Ending inventory of office supplies should be $ 86.00 b) Prepaid rent expired portion = $ 700.00 c) Depreciation of office equipment for the period = $ 600.00 d) Interest accrued on the note Payable = $ 600.00 e) Salaries accrued at the end of the period = $ 200.00 f) Service Revnues still unearned at the end of the period = $ 1,410.00 g) Service revenues earned = $ 600.00 not billed or collected. h) Estimated Federal Income Taxeaxes for the period = $ 2,120.00 JOURNAL ENTRIES: a) b) c) d) e) f) g) Office Supply Expense Office Supply Debits Credits 86 86 Rent Expense Prepaid Rent Expense 700 Depreciation Expense Accumulated Expense 600 Interest Accrued Note Payable 600 Wages Expense Wages Payable 200 700 600 600 200 Cash 12786 Kinokawa Consultants Corporation as of December 31, 20x4 see page 170 in the Text, Problem P-3 "T" accounts Accounts Receivable Accounts Payable 24840 1820 Office Supplies Inventory 991 Rev4: added all "T" acco Notes Payable 10,000 Prepaid rent 1440 Interest Payable Federal Income Taxes Payable Office Equipment 6700 Salaries Payable Unearned Revenues 2860 Accumulated Deprec-Equipt Common Stock 10,000 Office Supplies Expense 86 Retained Earnings 19,387 Salaries Expense 33,000 Dividends 15,000 Utilities Expense 1750 Income Summary Rev4: added all "T" accounts come Taxes Payable plies Expense Sales revenues 58,500 Interest expense Rent Expense 7,700 Depreciation Expense-Off Equip. Federal Income Tax Espense After finishing the Trail balance on sheet 1, create the following statements in proper form: Income Statement, Statement of Retained Eranings, and the Balance sheet. Kinokawa Consultants Corporation Income Statement as of December 31, 2014 Kinokawa Consultants Corporation Statement of Retained Earnings as of December 31, 2014 Kinokawa Consultants Corporation Balance sheet as of December 31, 2014 Assets: