The most important them in this course is the accounting cycle. Your accounting project is complete the accounting cycle for your assigned problem. This is untimed, but keep an tuind that you will need to leave the tab open after you start. You should show cach step the accounting cycle, particularly the following: Joumal entries (entries at the top indicated by date) Posting to the ledger (unadjusted trial balance) Adjusting joumal entries (entries at the bottom) Financial statements Closing entries Points will be deducted if you use terms methodology that was not covered in this course, i.e. "Particulars" and "Income Summary" Business transactions completed by Steven Woolery during the month of September are as follows: a. b. C. d e. f. Steven Woolery invested $60,000 cash along with office equipment valued at $25,000 in a new sole proprietorship named SW Consulting. Purchased land and a small office building. The land is worth $40,000, and the building is worth $160,000. The purchase price is paid with $30,000 cash and a long-term note payable for $170,000. Purchased $2,000 of office supplies on credit. Steven Woolery invested his personal automobile in the business. The automobile has a value of $16,500 and is be used exclusively in the business. Purchased $5,600 of additional office equipment on credit. Paid $1,800 cash salary to an assistant Provided services to a client and collected $8,000 cash. Paid $635 cash for this month's utilities Paid cash to settle the account payable created in transaction c. Purchased $30,000 of new office equipment by paying $20,300 cash and trading in old equipment with a recorded net cost of $9.700. Completed $6,250 of services for a client. This amount is to be received within 30 days. Paid $1,800 cash salary to an assistant. Received $4,000 cash on the receivable created in transaction k. Woolery withdrew $2,800 cash from the business for personal use. h. i. D. k. 1. m. n. Instructions Complete the accounting cycle for the above. Adjusting entries are below. Adjusting Entries. 1. Depreciation of equipment for September is $250. 2. Accrued salary on September 30 is $350. 3. Woolery earned $3,000 for consulting services which have not been billed. 4. Determined that $500 of accounts receivable is uncollectible. 5. Simpson estimates $575 of interest has accrued on the