Total Assets should equal $$75,200$

$$ Adjusted trial balance

$$ T$-$account

$$ Income statement

$$ Statement of owner$$s equity

$$ Balance sheet

$$ General journal $($for journalizing closing entries$)$

$$ Post$-$closing trial balance

$$ December business transactions

$$ Dec. $1$st $$ Collected $$500$ from Franklin from a previous engagement in Oct.

$$ Dec. $2$nd $$ Paid $$1,500$ on Gusto$$s Inc. invoice from a previously recorded transaction with check #$1301.$

$$ Dec $3$rd $$ Paid December rent of $$2,500$ with check #$1302.$

$$ Dec $4$th $$ Completed additional work for Washington, sent invoice #Y$77$P for $$1,600$ due in $1$ month.

$$ Dec. $5$th $$ Paid employee from work previously expensed in Nov. with payment due Dec. $5$th using check #$1303.$

$$ Dec. $8$th $-$ Purchased land on a note for $$30,000$ to be used for future construction of a new office building.

Land and Notes payable will have account numbers of $150$ and $240,$ respectively.

$$ Dec. $9$th $-$ Paid $$1,400$ to cover all utilities for the month of Dec using check #$1304.$

$$ Dec. $10$th $-$ Completed $$500$ worth of work for a repeat customer who pays cash immediately upon completion.

$$ Dec. $11$th $-$ Collected $$800$ from Washington from a previous engagement in Nov.

$$ Dec. $12$th $-$ Our employee earned two weeks of pay amounting to $$1,500,$ to be paid Dec. $23$rd$.$

$*$employee took vacation from Dec. $15$th$-$Dec. $31$st$.$ No pay will accrue$*$

$$ Dec. $15$th $-$ Leah Tyler, the owner, withdrew $$3,500$ for personal use using check #$1305.$

$$ Dec. $16$th $$ Completed a large job for Franklin for $$12,000.$ Sent invoice #Y$78$P due Jan. $31$st$.$

$$ Dec. $22$nd $$ Franklin paid $$2,500$ to pay off some of his balance due.

$$ Dec. $23$rd $$ Paid our employee for the work expensed Dec. $12$th$.$

$$ Dec $24$th$-$Dec. $31$st $$ Owner took off the rest of the year.

$$ Adjustments $($due with Part $1)$

$1.$ The equipment was used for the third year.

$2.$ Prepaid insurance was adjusted for Oct$-$Dec usage.

$3.$ Unearned revenue was updated to show $3$ months of work completed.

$4.$ A final count of supplies showed $$500$ remaining.

$$

$$ Part $1$ instructions

$1.$ Open the Excel attachment named $$Student fill$-$in template$.$

$2.$ Transfer the opening trial balance amounts to the T$-$Accts.

$3.$ Journal and post to the T$-$Accts the December and adjusting transactions.

$4.$ Total each T$-$Acct and provide the equation total at the top in the highlighted cells.

$$ Check Figure $$ The cash T$-$Acct final balance should be $ $28,400$

GENERAL JOURNAL p$.1$

$**$Skip lines between transaction dates

Date Transaction Post. Ref. Debit Credit

Sample Debit account XXX

$($indent$)$ credit account XXX

$*$skip a line between transactions$*$

$1-$Dec Cash $500$

A$/$R$-$Franklin $500$

$2-$Dec A$/$P$-$Gusto $1,500$

Cash $1,500$

$3-$Dec Rent Expense $2,500$

Cash $2,500$

$4-$Dec A$/$R $-$ Washington $1,600$

Earned Revenue $1,600$

$5-$Dec Wages Payable $1,600$

Cash $1,600$

$8-$Dec Land $30,000$

Notes Payable $30,000$

$9-$Dec Utilities Expense $1,400$

Cash $1,400$

$10-$Dec Cash $500$

Earned Revenue $500$

$11-$Dec Cash $800$

A$/$R$-$Washington $800$

$12-$Dec Wages Expense $1,500$

Wages Payable $1,500$

$15-$Dec Drawings $-$ Leah Tyler $3,500$

Cash $3,500$

$16-$Dec A$/$R$-$Franklin $12,000$

Earned Revenue $12,000$

$22-$Dec Cash $2,500$

A$/$R$-$Franklin $2,500$

$23-$Dec Wages Payable $1,500$

Cash $1,500$

ADJ #$1$ Depreciation Expense $1000$

Accumulated Depreciation $1000$

ADJ #$2$ Insurance Expense $1,200$

Prepaid Insurance $1,200$

ADJ #$3$ Unearned Revenue $1,500$

Earned Revenue $1,500$

ADJ #$4$ Supply Expense $400$

Supplies $400$

please include all that i need help with.