This is the accounting cybertext financial building blocks assignment. I can not get pass the general journal. The transactions go with the journal entries that are blank pls pls help.

C \begin{tabular}{|c|c|c|} \hline & A & B \\ \hline & 29. & \begin{tabular}{l} June 30: Check \# 5015 was used to pay for a cash dividend of \$0.23 per share to Courtney, a shareholder of \\ Byte. \end{tabular} \\ \hline & & \\ \hline & & Adjusting Entries - Round to two decimal places. \\ \hline & & \\ \hline & 30. & \begin{tabular}{l} The rent payment made on June 17 was for June, July and August. Expense the amount associated with one \\ month's rent. \end{tabular} \\ \hline & & \\ \hline & 31. & \begin{tabular}{l} A physical inventory showed that only $391.00 worth of general office supplies remained on hand as of June \\ 30. This did not include any of the Super RoutePro. There were 5 units of Super RoutePro on hand. We use \\ FIFO to determine the valuation of the supplies. \end{tabular} \\ \hline & & \\ \hline & 32. & \begin{tabular}{l} The annual interest rate on the mortgage payable was 9.00 percent. Interest expense for one-half month \\ should be computed because the building and land were purchased and the liability incurred on June 16 . \end{tabular} \\ \hline & & \\ \hline & 33. & Record a journal entry to reflect that one half month's insurance has expired. \\ \hline & & \\ \hline & 34. & \begin{tabular}{l} A review of Byte's job worksheets show that there are unbilled revenues in the amount of $15,375 for the \\ period of June 28-30. \end{tabular} \\ \hline & & \\ \hline & 35. & \begin{tabular}{l} The Building and the Office Equipment have the following estimated useful lives: \\ Building - 31.5 years \\ Office Equipment - 7.0 years \\ Management has decided that assets purchased during a month are treated as if purchased on the first day of \\ the month. The building's salvage value is $7,500.00. The office equipment has a salvage value of $450.00. \\ Calculate the depreciation for one month using the straight-line method of depreciation. \end{tabular} \\ \hline & & \\ \hline & 36. & \begin{tabular}{l} The Computer Equipment has an estimated useful life of 5.00 years. \\ Management has decided that assets purchased during a month are treated as if purchased on the first day of \\ the month. The computer equipment's scrap value is $20,000.00. Calculate the depreciation for one month \\ using the double declining method of depreciation. \end{tabular} \\ \hline & & \\ \hline & 37. & \begin{tabular}{l} A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for \\ three days, June 2830. Ignore payroll taxes. \end{tabular} \\ \hline & & \\ \hline & 38. & \begin{tabular}{l} The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of \\ 12 percent annually. Interest expense should be computed based on a 360 day year. \\ [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. \\ On June 10, eight days later, $27,500.00 was repaid. Interest expense must be \\ calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the \\ loan (\$144,000.00 less $27,500.00=$116,500.00) must be calculated for the 20 days remaining in the month \\ of June.] \end{tabular} \\ \hline & & \\ \hline & 39. & \begin{tabular}{l} Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to \\ increases cash. \end{tabular} \\ \hline & & \\ \hline & 40. & \begin{tabular}{l} Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to \\ decreases cash. \end{tabular} \\ \hline & & \\ \hline & 41. & Our CPA has informed us to estimate that 1.00% of Computer \& Consulting Revenue will be uncollectable. \\ \hline & & \\ \hline & 42. & \begin{tabular}{l} Income taxes are to be computed at the rate of 25 percent of net income before taxes. \\ [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the \\ Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and \\ their balances which you can then transfer to the appropriate financial statement.] \end{tabular} \\ \hline \end{tabular} The Building and the Office Equipment have the following estimated useful lives: 35. Building 31.5 years Office Equipment - 7.0 years Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's salvage value is $7,500.00. The office equipment has a salvage value of $450.00. Calculate the depreciation for one month using the straight-line method of depreciation. The Computer Equipment has an estimated useful life of 5.00 years. Management has decided that assets purchased during a month are treated as if purchased on the first day of 36. the month. The computer equipment's scrap value is $20,000.00. Calculate the depreciation for one month using the double declining method of depreciation. 84 37. A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28 - 30 . Ignore payroll taxes. The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. On June 10, eight days later, $27,500.00 was repaid. Interest expense must be calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the loan ($144,000.00 less $27,500.00=$116,500.00) must be calculated for the 20 days remaining in the month of June.] 39. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to increases cash. 40. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to decreases cash. 94 41. Our CPA has informed us to estimate that 1.00% of Computer \& Consulting Revenue will be uncollectable. 96 | g 42. Income taxes are to be computed at the rate of 25 percent of net income before taxes. [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] Closing Entries 101 102 103 Close the revenue accounts. 43. 104 105 Close the expense accounts. 44. 106 107 Close the income summary account. 45. 46. Close the dividends account. 1 Elf Village Productions 50 Sheet Legal Pad Building Blocks of Accounting .. A Financial Perspective Chart of Accounts \begin{tabular}{|l} Building Blocks of Accounting .. A F \\ Chart of Accounts \end{tabular} C B 4 .|| Number Cash Normal Balance 71110 Debit 81120 Accounts Receivable Debit 9 Allowance for Doubtful Accounts Credit Prepaid Insurance Debit 111140 Prepaid Rent Debit Office Supplies Debit Office Equip. Debit 131211 Accum. Depr.-Office Equip. Credit \begin{tabular}{ll|l} \hline 15 & 1311 & Computer Equip. \\ \hline \end{tabular} Debit 161312 Accum. Depr.-Computer Equip. Credit \begin{tabular}{|l||l||l|} \hline 17 & 1411 & Building \\ \hline \end{tabular} Debit 181412 Accum. Depr.-Building Credit 191510 Land Debit 202101 Accounts Payable Credit 212102 Advanced Payments Credit Interest Payable Credit Salaries Payable Credit Income Taxes Payable Credit Mortgage Payable Credit Notes Payable Credit Capital Stock Credit Paid-in Capital in Excess of Par Value Credit Retained Earnings Credit Dividends Debit Income Summary Credit Computer \& Consulting Revenue Credit Rent Expense Debit Salary Expense Debit Advertising Expense Debit Repairs \& Maint. Expense Debit Oil \& Gas Expense Debit Supplies Expense Debit Interest Expense Debit Insurance Expense Debit Depreciation Expense Debit Bad Debt Expense Debit Bank Expense Debit Telephone Expense Debit Income Tax Expense Debit A Byte of Accounting Ranaral Inirmal C \begin{tabular}{|c|c|c|} \hline & A & B \\ \hline & 29. & \begin{tabular}{l} June 30: Check \# 5015 was used to pay for a cash dividend of \$0.23 per share to Courtney, a shareholder of \\ Byte. \end{tabular} \\ \hline & & \\ \hline & & Adjusting Entries - Round to two decimal places. \\ \hline & & \\ \hline & 30. & \begin{tabular}{l} The rent payment made on June 17 was for June, July and August. Expense the amount associated with one \\ month's rent. \end{tabular} \\ \hline & & \\ \hline & 31. & \begin{tabular}{l} A physical inventory showed that only $391.00 worth of general office supplies remained on hand as of June \\ 30. This did not include any of the Super RoutePro. There were 5 units of Super RoutePro on hand. We use \\ FIFO to determine the valuation of the supplies. \end{tabular} \\ \hline & & \\ \hline & 32. & \begin{tabular}{l} The annual interest rate on the mortgage payable was 9.00 percent. Interest expense for one-half month \\ should be computed because the building and land were purchased and the liability incurred on June 16 . \end{tabular} \\ \hline & & \\ \hline & 33. & Record a journal entry to reflect that one half month's insurance has expired. \\ \hline & & \\ \hline & 34. & \begin{tabular}{l} A review of Byte's job worksheets show that there are unbilled revenues in the amount of $15,375 for the \\ period of June 28-30. \end{tabular} \\ \hline & & \\ \hline & 35. & \begin{tabular}{l} The Building and the Office Equipment have the following estimated useful lives: \\ Building - 31.5 years \\ Office Equipment - 7.0 years \\ Management has decided that assets purchased during a month are treated as if purchased on the first day of \\ the month. The building's salvage value is $7,500.00. The office equipment has a salvage value of $450.00. \\ Calculate the depreciation for one month using the straight-line method of depreciation. \end{tabular} \\ \hline & & \\ \hline & 36. & \begin{tabular}{l} The Computer Equipment has an estimated useful life of 5.00 years. \\ Management has decided that assets purchased during a month are treated as if purchased on the first day of \\ the month. The computer equipment's scrap value is $20,000.00. Calculate the depreciation for one month \\ using the double declining method of depreciation. \end{tabular} \\ \hline & & \\ \hline & 37. & \begin{tabular}{l} A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for \\ three days, June 2830. Ignore payroll taxes. \end{tabular} \\ \hline & & \\ \hline & 38. & \begin{tabular}{l} The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of \\ 12 percent annually. Interest expense should be computed based on a 360 day year. \\ [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. \\ On June 10, eight days later, $27,500.00 was repaid. Interest expense must be \\ calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the \\ loan (\$144,000.00 less $27,500.00=$116,500.00) must be calculated for the 20 days remaining in the month \\ of June.] \end{tabular} \\ \hline & & \\ \hline & 39. & \begin{tabular}{l} Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to \\ increases cash. \end{tabular} \\ \hline & & \\ \hline & 40. & \begin{tabular}{l} Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to \\ decreases cash. \end{tabular} \\ \hline & & \\ \hline & 41. & Our CPA has informed us to estimate that 1.00% of Computer \& Consulting Revenue will be uncollectable. \\ \hline & & \\ \hline & 42. & \begin{tabular}{l} Income taxes are to be computed at the rate of 25 percent of net income before taxes. \\ [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the \\ Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and \\ their balances which you can then transfer to the appropriate financial statement.] \end{tabular} \\ \hline \end{tabular} The Building and the Office Equipment have the following estimated useful lives: 35. Building 31.5 years Office Equipment - 7.0 years Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's salvage value is $7,500.00. The office equipment has a salvage value of $450.00. Calculate the depreciation for one month using the straight-line method of depreciation. The Computer Equipment has an estimated useful life of 5.00 years. Management has decided that assets purchased during a month are treated as if purchased on the first day of 36. the month. The computer equipment's scrap value is $20,000.00. Calculate the depreciation for one month using the double declining method of depreciation. 84 37. A review of the payroll records show that unpaid salaries in the amount of $501.00 are owed by Byte for three days, June 28 - 30 . Ignore payroll taxes. The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $144,000.00. On June 10, eight days later, $27,500.00 was repaid. Interest expense must be calculated on the $144,000.00 for eight days. In addition, interest expense on the $116,500.00 balance of the loan ($144,000.00 less $27,500.00=$116,500.00) must be calculated for the 20 days remaining in the month of June.] 39. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to increases cash. 40. Based on the information on the "Bank Reconciliation" sheet prepare the journal entry required to decreases cash. 94 41. Our CPA has informed us to estimate that 1.00% of Computer \& Consulting Revenue will be uncollectable. 96 | g 42. Income taxes are to be computed at the rate of 25 percent of net income before taxes. [IMPORTANT NOTE: Since the income taxes are a percent of the net income you will want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial statement.] Closing Entries 101 102 103 Close the revenue accounts. 43. 104 105 Close the expense accounts. 44. 106 107 Close the income summary account. 45. 46. Close the dividends account. 1 Elf Village Productions 50 Sheet Legal Pad Building Blocks of Accounting .. A Financial Perspective Chart of Accounts \begin{tabular}{|l} Building Blocks of Accounting .. A F \\ Chart of Accounts \end{tabular} C B 4 .|| Number Cash Normal Balance 71110 Debit 81120 Accounts Receivable Debit 9 Allowance for Doubtful Accounts Credit Prepaid Insurance Debit 111140 Prepaid Rent Debit Office Supplies Debit Office Equip. Debit 131211 Accum. Depr.-Office Equip. Credit \begin{tabular}{ll|l} \hline 15 & 1311 & Computer Equip. \\ \hline \end{tabular} Debit 161312 Accum. Depr.-Computer Equip. Credit \begin{tabular}{|l||l||l|} \hline 17 & 1411 & Building \\ \hline \end{tabular} Debit 181412 Accum. Depr.-Building Credit 191510 Land Debit 202101 Accounts Payable Credit 212102 Advanced Payments Credit Interest Payable Credit Salaries Payable Credit Income Taxes Payable Credit Mortgage Payable Credit Notes Payable Credit Capital Stock Credit Paid-in Capital in Excess of Par Value Credit Retained Earnings Credit Dividends Debit Income Summary Credit Computer \& Consulting Revenue Credit Rent Expense Debit Salary Expense Debit Advertising Expense Debit Repairs \& Maint. Expense Debit Oil \& Gas Expense Debit Supplies Expense Debit Interest Expense Debit Insurance Expense Debit Depreciation Expense Debit Bad Debt Expense Debit Bank Expense Debit Telephone Expense Debit Income Tax Expense Debit A Byte of Accounting Ranaral Inirmal