Question

I need PART E and PART F. PLEASE AND THANK YOU !
Required information Problem 3-32A Comprehensive problem: single cycle LO 3-1, 3-2, 3-3, 3-4 (The following information applies to the questions displayed below.) The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $48,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $15,400 cash. Apr. 10 Purchased $770 of supplies on account. July 1 Received $26,000 cash in advance for services to be provided over the next year. 20 Paid $578 of the accounts payable from April 10. Aug. 15 Billed a customer $10,300 for services provided during August. Sept. 15 Completed a job and received $3,400 cash for services rendered. Oct. 1 Paid employee salaries of $32,500 cash. 15 Received $8,800 cash from accounts receivable. Nov. 16 Billed customers $37,000 for services rendered on account. Dec. 1 Paid a dividend of $800 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,500 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $120 was on hand at the end of the period. Problem 3-32A Part e e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T- accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar amount.)

Answer 1

XI H. 2020-09(2) SEP.xlsx - Microsoft Excel ? X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW DEVELOPER Sign in > Calibri 11 A A Be Wrap Text General * Cut EL Copy Format Painter H Insert Delete Format Paste BIU -A E 3 Merge & Center - $ % 4.0 .00 00 0 Conditional Format as Cell Formatting Table Styles Styles Σ AutoSum και Z Fill- Sort & Find & Clear Filter - Select - Editing Clipboard Font Г Alignment Number Cells A B21 X fx A | K L M N o P o R 1 2 Stockholder's equity Income statement Common Retained stock earnings Dividends Revenue Expenses 48,000 3 4 5 6 7 8 9 Jan 30 Feb 1 Apr 10 Jul 1 Jul 20 Aug 15 Sep 15 Oct 1 Oct 15 Nov 16 Dec 1 B с E F G H Balance sheet Assets Liabilities Accounts Prepaid Accounts Unearned Salaries Cash receivable Supplies rent payable revenue payable 48,000 (15,400) 15,400 770 770 26,000 26,000 (578) (578) 10,300 3,400 (32,500) 8,800 (8,800) 37,000 (800) (13,000) 2,500 (7,058) (650) 36,922 38,500 120 8,342 192 13,000 2,500 10,300 3,400 10 (32,500) 11 12 13 37,000 14 (800) 15 16 17 Dec 31 Dec 31 Dec 31 Dec 31 Total 13,000 Earned revenue = 26000*6/12 (2,500) Salaries expense (7,058) Rent expense = 15400*11/24 (650) Supplies expense = 770-120 63,700 (42,708) 18 19 48,000 (800) 20 21 22 Cash Accounts receivable Supplies --- Activate Windows Go to Settings to activate Windows Sheet117 Sheet118 Sheet119 Sheet120 Sheet121 Sheet122 Sheet123 Sheet124 READY CIRCULAR REFERENCES 3 1 + 100% % Search the web and Windows O A ENG US 01:52 22-09-20

XIA 5 2020-09(2) SEP.xlsx - Microsoft Excel ? X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW DEVELOPER Sign in B46 : Х fi A B с D E F G H J K K L M N P Q R 21 22 23 Beg. Bal End. Bal Cash 36,922 36,922 Beg. Bal End. Bal Accounts receivable 38,500 38,500 Beg. Bal End. Bal Supplies 120 120 24 25 26 27 Beg. Bal End. Bal Prepaid insurance 8,342 8,342 Beg. Bal End. Bal Accounts payable 192 192 Beg. Bal End. Bal Unearned revenue 13,000 13,000 28 29 30 Retained earnings 31 32 Salaries payable 2,500 2,500 Beg. Bal End. Bal Beg. Bal End. Bal Beg. Bal Common stock 40,000 40,000 CL 42,708 800 63,700 CL 33 CL 34 20,192 35 36 Salaries expense Dividends 800 37 Service revenue 63,700 63,700 0 Beg. Bal Beg. Bal 35,000 Beg. Bal CL End. Bal 38 800 CL 35,000 CL End. Bal 0 End. Bal 0 39 40 41 42 Supplies expense 650 Beg. Bal Beg. Bal Rent expense 7,058 7,058 CL 0 650 CL 43 44 End. Bal End. Bal 0 45 46 47 48 Activate Windows Go to Settings to activate Windows Sheet117 Sheet118 Sheet119 Sheet120 Sheet121 Sheet122 Sheet123 Sheet124 READY CIRCULAR REFERENCES 1 + 100% 1 Search the web and Windows O ENG US 01:52 22-09-20

Date	Accounts title	Debit	Credit
Dec 31	Service revenue	63,700
	Retained earnings		63,700
	(To record close sales revenue account.)
Dec 31	Retained earnings	42,708
	Salaries expense (32500+2500)		35,000
	Rent expense		7,058
	Supplies expense		650
	(To record close Expense accounts.)
Dec 31	Retained earnings	800
	Dividends		800
	(To record close dividends)

Company name
Closing Trial Balance
Dec 31, Year 1
Account titles			Debit	Credit
Cash			36,922
Accounts receivable			38,500
Supplies			120
Prepaid insurance			8,342
Accounts payable				192
Unearned revenue				13,000
Salaries payable				2,500
Common stock				48,000
Retained earnings (63700-42708-800)				20,192
Total			83,884	83,884