Use the following transaction descriptions to compose the following 5 items:

# Journal entries for all transactions through the end of year (Dec. 31^st)

# End of year unadjusted trial balance

#Adjusting journal entries for end of year adjusting transactions

#End of year adjusted trial balance

#Income Statement

#Statement of Retained Earnings

#Balance Sheet

Transactions

1-Dec. 1^st a new company is formed called Lawn Darter, Inc. $10,000 cash is contributed to the start-up in exchange for common stock.

2-Dec. 1^st $1,500 was paid for 3 months rent in advance.

3-Dec. 1^st a $2,400 riding lawn mower was purchased in cash. This piece of equipment was determined to have a 2 year (24 month) usable lifespan.

4-Dec. 8^th $400 of supplies were purchased on account and paid in cash 30 days later.

5-Dec. 10^th lawn service job was performed and payment was $1,250 in cash

6-Dec. 12^th a customer paid $1,400 in cash for lawn service to be performed Jan. 10^th

7-Dec. 15^th lawn service job was performed and payment was $1,100 in cash

8-Dec. 17^th lawn service job was performed and payment was $750 on account, paid in cash 30 days later.

9-Dec. 20^th lawn service job was performed and payment was $1,800 in cash

10-Jan. 1^st an inventory was done and it was determined $150 of supplies were used in Dec.

11-Jan. 5^th a $200 dividend for the prior year was paid in cash

12-Jan. 5^th $1,700 in employee wages for Dec. were paid in cash

13-Jan. 10^th lawn service job was performed per previous agreement

14-Mar. 1^st $450 of income taxes were due for the prior year