Using the information for Zachary, Inc. I needhelp filling out the following charts in the photos. Thank you in advance!

Acct 2400 Project 1 - Accounting Cycle Name: This assignment is due at the beginning of class on Tue. Oct. 1 ... late submissions (even within the class period on the due date) will be assessed a late penalty. This project is worth 30 points Note: This cover page must be printed with the rest of the packet and submitted as the first page of the completed project. Print your name (legibly) on this cover sheet. Zachary, Inc. began business operations on January 1, 2018. Zachary's annual reporting period ends December 31. Some events have already occurred and have been recorded; these are reflected in the beginning balances shown on the basic accounting equation grid. Analyze the following additional events during 2018 and complete the requirements on the following pages. Events: a) Paid an accounts payable balance of $6,000. b) Purchased $4,300 supplies on account for future use. c) Collected accounts receivable, $12,000. d) Customer paid $4,800 in advance for future services. e) Purchased $17,000 of equipment for use in the business, signed a promissory note to pay the supplier in 6 months. f) Earned $95,000 in service revenues for 2018, collecting $40,000 in cash and the rest on credit. B) On July 1, paid $24,000 to rent a building for the rest of 2018 and the first half of 2019. h) Declared and paid a $20,000 cash dividend. Data for adjusting entries: i) During December, Zachary provided $5,000 in service on account that was not recorded earlier. 1) Zachary provided $4,000 in service that had been prepaid in transaction (d). k) Wages of $8,400 earned by employees since the December 24 payroll were not yet paid. 1) Determined after a year-end count that $11,000 of supplies had been used during the year. m) Accrued $2,800 interest on an outstanding loan (promissory note). n) Building rental expenses for the year, paid in transaction (g), had not yet been recorded. o) Depreciation for the year on the equipment was $6,200. p) Income tax for the year was $9,000. It will be paid in 2019. Acct 2400 Project 1 - Accounting Cycle 3) Prepare an Unadjusted Trial Balance. ZACHARY, INC. Unadjusted Trial Balance As of December 31, 2018 Debit Credit Cash Accounts Receivable Prepaid Expenses Supplies (on hand) Equipment Accumulated Depreciation (Equipment) Accounts Payable Unearned Revenue Notes Payable Contributed Capital Retained Earnings Dividends Declared Service Revenue Depreciation Expense Interest Expense Rent Expenses Supplies Expenses Wage Expense Income Tax Expense Total Page 5 of 13 Acct 2400 Project 1 - Accounting Cycle 4) Record items i). p) in the basic accounting equation grid provided below. Note: Only one column is provided for Expenses in this grid due to limited space. When you prepare the journal entries, use the appropriate expense account names from the Unadjusted Trial Balance Stock 1 Subtotals Closing -EE Page 6 of 13 Acct 2400 Project 1 - Accounting Cycle 5) Record items i) - p) in journal entries in the spaces provided below. Note: Only one column was provided for Expenses in the grid due, but in the journal entries, you must use the appropriate expense account names from the Unadjusted Trial Balance Itemi) During December, Zachary provided $5,000 in service on account that was not recorded earlier. Basic Acct EQ Account Names Debits Credits Impacts Itemj) Zachary provided $4,000 in service that had been prepaid in transaction (d). Basic Acct Eq Impacts Account Names Debits Credits Item k) Wages of $8,400 earned by employees since the December 24 payroll were not yet paid. Basic Acct Eq Account Names Impacts Debits Credits Item 1) Determined after a year-end count that $11,000 of supplies had been used during the year. Basic Acct Eq Account Names Debits Credits Impacts Item m) Accrued $2,800 interest on an outstanding loan (promissory note). Basic Acct EQ Account Names Debits Credits Impacts Page 7 of 13 Acct 2400 Project 1 - Accounting Cycle Item n) Building rental expenses for the year, paid in transaction (el, had not yet been recorded. Basic Acct Eq Account Names Debits Credits Impacts Item o) Depreciation for the year on the equipment was $6,200. Basic Acct E Account Names Debits Impacts Credits Item p) Income tax for the year was $9,000. It will be paid in 2019. Basic Acct Eq Account Names Debits Impacts Credits Page 8 of 13 Acct 2400 Project 1 - Accounting Cycle Name: This assignment is due at the beginning of class on Tue. Oct. 1 ... late submissions (even within the class period on the due date) will be assessed a late penalty. This project is worth 30 points Note: This cover page must be printed with the rest of the packet and submitted as the first page of the completed project. Print your name (legibly) on this cover sheet. Zachary, Inc. began business operations on January 1, 2018. Zachary's annual reporting period ends December 31. Some events have already occurred and have been recorded; these are reflected in the beginning balances shown on the basic accounting equation grid. Analyze the following additional events during 2018 and complete the requirements on the following pages. Events: a) Paid an accounts payable balance of $6,000. b) Purchased $4,300 supplies on account for future use. c) Collected accounts receivable, $12,000. d) Customer paid $4,800 in advance for future services. e) Purchased $17,000 of equipment for use in the business, signed a promissory note to pay the supplier in 6 months. f) Earned $95,000 in service revenues for 2018, collecting $40,000 in cash and the rest on credit. B) On July 1, paid $24,000 to rent a building for the rest of 2018 and the first half of 2019. h) Declared and paid a $20,000 cash dividend. Data for adjusting entries: i) During December, Zachary provided $5,000 in service on account that was not recorded earlier. 1) Zachary provided $4,000 in service that had been prepaid in transaction (d). k) Wages of $8,400 earned by employees since the December 24 payroll were not yet paid. 1) Determined after a year-end count that $11,000 of supplies had been used during the year. m) Accrued $2,800 interest on an outstanding loan (promissory note). n) Building rental expenses for the year, paid in transaction (g), had not yet been recorded. o) Depreciation for the year on the equipment was $6,200. p) Income tax for the year was $9,000. It will be paid in 2019. Acct 2400 Project 1 - Accounting Cycle 3) Prepare an Unadjusted Trial Balance. ZACHARY, INC. Unadjusted Trial Balance As of December 31, 2018 Debit Credit Cash Accounts Receivable Prepaid Expenses Supplies (on hand) Equipment Accumulated Depreciation (Equipment) Accounts Payable Unearned Revenue Notes Payable Contributed Capital Retained Earnings Dividends Declared Service Revenue Depreciation Expense Interest Expense Rent Expenses Supplies Expenses Wage Expense Income Tax Expense Total Page 5 of 13 Acct 2400 Project 1 - Accounting Cycle 4) Record items i). p) in the basic accounting equation grid provided below. Note: Only one column is provided for Expenses in this grid due to limited space. When you prepare the journal entries, use the appropriate expense account names from the Unadjusted Trial Balance Stock 1 Subtotals Closing -EE Page 6 of 13 Acct 2400 Project 1 - Accounting Cycle 5) Record items i) - p) in journal entries in the spaces provided below. Note: Only one column was provided for Expenses in the grid due, but in the journal entries, you must use the appropriate expense account names from the Unadjusted Trial Balance Itemi) During December, Zachary provided $5,000 in service on account that was not recorded earlier. Basic Acct EQ Account Names Debits Credits Impacts Itemj) Zachary provided $4,000 in service that had been prepaid in transaction (d). Basic Acct Eq Impacts Account Names Debits Credits Item k) Wages of $8,400 earned by employees since the December 24 payroll were not yet paid. Basic Acct Eq Account Names Impacts Debits Credits Item 1) Determined after a year-end count that $11,000 of supplies had been used during the year. Basic Acct Eq Account Names Debits Credits Impacts Item m) Accrued $2,800 interest on an outstanding loan (promissory note). Basic Acct EQ Account Names Debits Credits Impacts Page 7 of 13 Acct 2400 Project 1 - Accounting Cycle Item n) Building rental expenses for the year, paid in transaction (el, had not yet been recorded. Basic Acct Eq Account Names Debits Credits Impacts Item o) Depreciation for the year on the equipment was $6,200. Basic Acct E Account Names Debits Impacts Credits Item p) Income tax for the year was $9,000. It will be paid in 2019. Basic Acct Eq Account Names Debits Impacts Credits Page 8 of 13