This is all the previous information, what I need help with is this step below

During its first month of operation, the Bethany's Bicycle Corporation, which specializes in bicycle repairs, completed the following transactions. March Transactions Date March Transaction Description Began business by making a deposit in a company bank account of $20,000, in exchange for 2,000 shares of $10 par value common stock. March 1 March 1 March3 Paid the premium on a 1-year insurance policy, $2,400 Paid the current month's store rent expense, $1,900. Purchased repair equipment from Andrew Company, $5,800. Paid $1,000 down and the balance was placed on account. Payments will be $400.00 per month for 12 months. The first payment is due 4/1. Note: Use Accounts Payable for the Balance Due. March8 March 10 March 11 March 18 March 20 March 31 March 31 March 31 Purchased repair supplies from Jackson Company on credit, $650 Paid telephone bill for March, $340 Cash bicycle repair revenue for the first third of March, $1,650 Made payment to Jackson Company, $400 Cash bicycle repair revenue for the second third of March, $2,450 Cash bicycle repair revenue for the last third of March, $1,250 Paid the current month's electice bill, $250 Declared and paid cash dividend of $1,000 Use the following account descriptions for journal entries. Chart of Accounts Account Number Account Title Account T Assets Normal Balance 119 144 145 Cash Prepaid Insurance Repair Supplies Repair Equipment Accum Dep -Repair Equipment Debit Debit Debit Debit Credit Review Chapter 2, p 90 for more information on the Chart of Accounts Liabilities 212 213 Accounts Payable Income Tax Payable Credit Credit Stockholders Equity 311 312 313 Common Stock Retained Eamings Dividends Credit Credit Debit Revenue 411 Bicycle Repair Revenue Credit Expenses 511 512 513 514 515 516 517 Debit Debit Debit Debit Debit Debit Debit Store Rent Expense Telephone Expense Insurance Expense ies Dep Expense - Repair Equipment Income Tax Expense Electric Expense 400 24 25 26 27 28 29 30 18-Mar 18-Mar 212 Account payable 111 cash 400 20-Mar 20-Mar 411 bycycle repair revenue 111 cash 2,450 2,450 31-Mar 31-Mar 411 bycycle repair revenue 111 cash 1,250 , 250 32 31-Mar 31-Mar 517 electrice expense 111 cash 250 34 35 36 37 38 39 40 250 31-Mar 31-Mar 313 dividends 111 cash 1,000 , 000 31-Mar 31-Mar 26-Apr 27-May 42 43 31-Mar 31-Mar 117 prepaid insurance 513 insurance expense 200 200 45 46 47 48 49 50 51 52 53 54 31-Mar 31-Mar 514 repair supplies expense 119 repair supplies 450 450 38,740 38,740 120 31-Mar 31-Mar 515 depr exp repair equoipment 145 accum depr repair equipmenn #REF! #REF! 120J 56 57 58 REQUIREMENT #2: Post the March journal entries to the following T-Accounts and compute ending balances. 3 Date Blcycle Repair Revenue (411) 31-Mar 1-Mar 20,000 ,650 3/20/19 3/31/19 This worksheef will be used to complete Requirement:s #2.5 and 9. Instructions for #5 can be found on the Adjusting Entries Worksheet. Instructions for #9 can be found on te Closing Entries Worksheet 2.400 1,250 5.350 5,350 1,000 10-Mar 11-Mar 18-Mar trial balance adjusted ytb closing entry closing 31-Mar 31-Mar 1.000 Prepaid Insurance (117) Store Rent Expense (511) 1-Mar 31-Mar 24.000 trial balance adjusted closing entry 1,900 1,900 1.900 closing Repair Supplies (119) Telephone Expense (512) 310/19 rial balanc tial balance adjusted closing 340 31-Mar adusted closing closing Repalr Equlpment (144) Insurance Expense (513) 5,800 5,800 5.800 5,800 3/31/19 200 adjusted cloing adjusted closing closing Accum. Depr.-Repolr Equlpment (145) Repalr Supplles Expense (514) 31-Mar adjusted closing 120 3/31/19 450 adjusted closing closing Accounts Payable (212) Depr. Exp.-Repair Equipment (515) 3-Mar 4.800 Adjusted closing post cloing 18-Mar adjusted closing 5,050 5.050 5,050 Income Taxes Payable (213) Income Taxes Expense (516) 31-Mar 65 65 adjusted closing Common Stock (311) Electric Expense (517) 20,000 20,000 20,000 20.000 3-Jan 3/31/19 acjusted closing trial balance adjusted closing entry closing Retalned Earnings (312) closing entry closing ent closing ent closing tb 3,325 1.025 Dividends (313) 31-Mar rial balanc closing entry closing th 1,000 During its first month of operation, the Bethany's Bicycle Corporation, which specializes in bicycle repairs, completed the following transactions. March Transactions Date March Transaction Description Began business by making a deposit in a company bank account of $20,000, in exchange for 2,000 shares of $10 par value common stock. March 1 March 1 March3 Paid the premium on a 1-year insurance policy, $2,400 Paid the current month's store rent expense, $1,900. Purchased repair equipment from Andrew Company, $5,800. Paid $1,000 down and the balance was placed on account. Payments will be $400.00 per month for 12 months. The first payment is due 4/1. Note: Use Accounts Payable for the Balance Due. March8 March 10 March 11 March 18 March 20 March 31 March 31 March 31 Purchased repair supplies from Jackson Company on credit, $650 Paid telephone bill for March, $340 Cash bicycle repair revenue for the first third of March, $1,650 Made payment to Jackson Company, $400 Cash bicycle repair revenue for the second third of March, $2,450 Cash bicycle repair revenue for the last third of March, $1,250 Paid the current month's electice bill, $250 Declared and paid cash dividend of $1,000 Use the following account descriptions for journal entries. Chart of Accounts Account Number Account Title Account T Assets Normal Balance 119 144 145 Cash Prepaid Insurance Repair Supplies Repair Equipment Accum Dep -Repair Equipment Debit Debit Debit Debit Credit Review Chapter 2, p 90 for more information on the Chart of Accounts Liabilities 212 213 Accounts Payable Income Tax Payable Credit Credit Stockholders Equity 311 312 313 Common Stock Retained Eamings Dividends Credit Credit Debit Revenue 411 Bicycle Repair Revenue Credit Expenses 511 512 513 514 515 516 517 Debit Debit Debit Debit Debit Debit Debit Store Rent Expense Telephone Expense Insurance Expense ies Dep Expense - Repair Equipment Income Tax Expense Electric Expense 400 24 25 26 27 28 29 30 18-Mar 18-Mar 212 Account payable 111 cash 400 20-Mar 20-Mar 411 bycycle repair revenue 111 cash 2,450 2,450 31-Mar 31-Mar 411 bycycle repair revenue 111 cash 1,250 , 250 32 31-Mar 31-Mar 517 electrice expense 111 cash 250 34 35 36 37 38 39 40 250 31-Mar 31-Mar 313 dividends 111 cash 1,000 , 000 31-Mar 31-Mar 26-Apr 27-May 42 43 31-Mar 31-Mar 117 prepaid insurance 513 insurance expense 200 200 45 46 47 48 49 50 51 52 53 54 31-Mar 31-Mar 514 repair supplies expense 119 repair supplies 450 450 38,740 38,740 120 31-Mar 31-Mar 515 depr exp repair equoipment 145 accum depr repair equipmenn #REF! #REF! 120J 56 57 58 REQUIREMENT #2: Post the March journal entries to the following T-Accounts and compute ending balances. 3 Date Blcycle Repair Revenue (411) 31-Mar 1-Mar 20,000 ,650 3/20/19 3/31/19 This worksheef will be used to complete Requirement:s #2.5 and 9. Instructions for #5 can be found on the Adjusting Entries Worksheet. Instructions for #9 can be found on te Closing Entries Worksheet 2.400 1,250 5.350 5,350 1,000 10-Mar 11-Mar 18-Mar trial balance adjusted ytb closing entry closing 31-Mar 31-Mar 1.000 Prepaid Insurance (117) Store Rent Expense (511) 1-Mar 31-Mar 24.000 trial balance adjusted closing entry 1,900 1,900 1.900 closing Repair Supplies (119) Telephone Expense (512) 310/19 rial balanc tial balance adjusted closing 340 31-Mar adusted closing closing Repalr Equlpment (144) Insurance Expense (513) 5,800 5,800 5.800 5,800 3/31/19 200 adjusted cloing adjusted closing closing Accum. Depr.-Repolr Equlpment (145) Repalr Supplles Expense (514) 31-Mar adjusted closing 120 3/31/19 450 adjusted closing closing Accounts Payable (212) Depr. Exp.-Repair Equipment (515) 3-Mar 4.800 Adjusted closing post cloing 18-Mar adjusted closing 5,050 5.050 5,050 Income Taxes Payable (213) Income Taxes Expense (516) 31-Mar 65 65 adjusted closing Common Stock (311) Electric Expense (517) 20,000 20,000 20,000 20.000 3-Jan 3/31/19 acjusted closing trial balance adjusted closing entry closing Retalned Earnings (312) closing entry closing ent closing ent closing tb 3,325 1.025 Dividends (313) 31-Mar rial balanc closing entry closing th 1,000