Hello, I'm looking for help with trial balance for each months end cutoff for the following transactions. 6:27 M UE UE3 all 26%!Nov. 15Pays Green Jacket Co. remaining balance.Nov. 15Withdraws $2,500 cash from the business for personal use.Nov. 20Receives $8,750 from customers on account.Nov. 25Bills customers $5,875 for services performed.Nov. 30Pays the following expenses in cash. Salaries and wages $1,500; miscellaneous officeexpenses $125.Nov. 30Office Supplies used during September, $520Nov. 30Receives $38 interest income on deposit accounts.Nov. 30Reserve for Uncollectible Accounts of $1,250Nov. 30Accounts deemed uncollectible of $750Nov. 30Prepares Closing Entries for Nov.Dec. 1Maintenance on equipment of $55, paid on account.Dec. 1Invests in Research & Development with other consultants of $1,200 on accountDec. 1Pays $1,000 on R&D payable.Pays rent for office space, $700 for the month.Dec. 2Dec. 5Receives $3,700 from customers on account.Dec. 5Purchases office supplies for cash $325.Dec. 8Receive cash of $3,750 from customers for services performed.Dec. 10Pays miscellaneous office expenses, $175.Dec. 12Bills customers $5,500 for services performed.Dec. 20Receives $5,750 from customers on account.Dec. 24Bills customers $4,125 for services performed.Dec. 30Pays the following expenses in cash. Salaries and wages $1,900; miscellaneous officeexpenses $450.Dec. 31Office Supplies used during December, $475Dec. 31Receives $23 interest income on deposit accounts.Dec. 31Reserve for Uncollectible Accounts of $1,575Dec. 31Accounts deemed uncollectible of $250Dec. 31Prepares Closing Entries for Dec.Instructions:(a) Enter the transactions shown above in appropriate general ledger accounts (i.e. T-Accounts).Use the following ledger accounts: Cash, Accounts Receivable, Allowance for Uncollectible A/R,Supplies, Equipment, Accumulated Depreciation – Equipment, Accounts Payable, Owner'sCapital, Revenue, Interest Income, Salaries/Wages Expense, Rent Expense, Repairs &Maintenance Exp, Research & Development Expense, Office Expenses, Supplies Expense,Depreciation Expense, Bad Debt Expense, and other applicable accounts.(b) Prepare a trial balance for each month-end cutoff.(c) Prepare a Balance Sheet for each month-end, an Income Statement for each month-end, aStatement of Owner's Equity for each month-end, and a Statement of Cash Flows for year-endonly.II 6:27 UE UE Oall 26%!Introductory..Zane BowenBC500 – Corporate Financial ReportingIntroductory Project – Journal Entry & Financial Statement PreparationListed below are transactions of Zane Bowen's new start-up business, since opening his leadershipconsulting business in September 20X1. Mr. Bowen needs some assistance in preparing journal entriesand financial statements for his first four months of operation in preparation to establish financialrecords to see how he's performing the first few months.Sept. 1McDaniel begins a business as a Leadership Consultant and invests $40,000 cashPurchases furniture & fixtures and computer equipment on account from GreenJacket Co. for $8,500 and $3,500 respectively, 5 year / 3 year useful life, straight linemethod.Sept. 2Sept. 4Pays rent for office space, $700 for the month.Sept. 4Employs a receptionist, Michael Jones.Purchases office supplies for cash $942.Sept. 5Sept. 8Receive cash of $1,700 from customers for services performed.Sept. 10 Pays miscellaneous office expenses, $450.Sept. 14 Bills customers $5,800 for services performed.Sept. 18 Pays Green Jacket Co. on account, $3,600.Sept. 19Withdraws $2,000 cash from the business for personal use.Sept. 20 Receives $1,000 from customers on account.Sept. 25Bills customers $2,150 for services performed.Sept. 30 Pays the following expenses in cash. Salaries and wages $1,500; miscellaneous officeexpenses $125.Sept. 30 Office Supplies used during September, $230Sept. 30 Receives $120 in interest income on deposit accounts.Sept. 30 Reserve for Uncollected Receivables of $500Sept. 30 Prepares Closing Entries for Sept.Oct. 1Purchases office equipment w/ cash for 2,400, 5 year useful life, straight line method.Oct. 2Pays rent for office space, $700 for the month.Receives $500 from customers on account.Oct. 5Oct. 5Purchases office supplies for cash $338.Oct. 8Receive cash of $1,500 from customers for services performed.Oct. 10Pays miscellaneous office expenses, $530.Ot.Bills customers $5,575 for services performed.Oct. 15Pays Green Jacket Co. on account, $3,500.Oct. 15Withdraws $3,000 cash from the business for personal use.Receives $1,250 from customers on account.Oct. 20Oct. 25Bills customers $4,000 for services performed.Oct. 30Pays the following expenses in cash. Salaries and wages $1,500; miscellaneous officeexpenses $225; Travel Expenses $776.Oct. 31Office Supplies used during September, $325Receives $35 interest income on deposit accounts.Oct. 31Oct. 31Reserve for Uncollectible Accounts of $750Oct. 31Accounts deemed uncollectible of $150Oct. 31Prepares Closing Entries for Oct.Nov. 1Maintenance on equipment of $125, paid w/ cash.Nov. 1Invests in Research & Development / Innovation Session $2,500 on accountPays rent for office space, $700 for the month.Nov. 2Nov. 5Receives $2,500 from customers on account.Nov. 5Purchases office supplies for cash $325.Nov. 8Receive cash of $2,500 from customers for services performed.Nov. 10Pays miscellaneous office expenses, $130.Nov. 12Bills customers $5,250 for services performed.Nov. 15Pays Green Jacket Co. remaining balance.Nov. 15Withdraws $2,500 cash from the business for personal use.Nov. 20Receives $8,750 from customers on account.II

A trial balance is prepared to check the arithmetical accuracy of the ledger accounts posted.…

Nov. 15 Pays Green Jacket Co. remaining balance. Nov. 15 Withdraws $2,500 cash from the business for personal use. Receives $8,750 from customers on account. Nov. 20 Nov. 25 Bills customers $5,875 for services performed. Nov. 30 Pays the following expenses in cash. Salaries and wages $1,500; miscellaneous office expenses $125. Nov. 30 Office Supplies used during September, $520 Nov. 30 Receives $38 interest income on deposit accounts. Nov. 30 Reserve for Uncollectible Accounts of $1,250 Nov. 30 Accounts deemed uncollectible of $750 Nov. 30 Prepares Closing Entries for Nov. Dec. 1 Maintenance on equipment of $55, paid on account. Dec. 1 Invests in Research & Development with other consultants of $1,200 on account Dec. 1 Pays $1,000 on R&D payable. Pays rent for office space, $700 for the month. Dec. 2 Dec. 5 Receives $3,700 from customers on account. Dec. 5 Purchases office supplies for cash $325. Dec. 8 Receive cash of $3,750 from customers for services performed. Dec. 10 Pays miscellaneous office expenses, $175. Dec. 12 Bills customers $5,500 for services performed. Dec. 20 Receives $5,750 from customers on account. Dec. 24 Bills customers $4,125 for services performed. Dec. 30 Pays the following expenses in cash. Salaries and wages $1,900; miscellaneous office expenses $450. Dec. 31 Office Supplies used during December, $475 Dec. 31 Receives $23 interest income on deposit accounts. Dec. 31 Reserve for Uncollectible Accounts of $1,575 Dec. 31 Accounts deemed uncollectible of $250 Dec. 31 Prepares Closing Entries for Dec. Instructions: (a) Enter the transactions shown above in appropriate general ledger accounts (i.e. T-Accounts). Use the following ledger accounts: Cash, Accounts Receivable, Allowance for Uncollectible A/R, Supplies, Equipment, Accumulated Depreciation - Equipment, Accounts Payable, Owner's Capital, Revenue, Interest Income, Salaries/Wages Expense, Rent Expense, Repairs & Maintenance Exp, Research & Development Expense, Office Expenses, Supplies Expense, Depreciation Expense, Bad Debt Expense, and other applicable accounts. (b) Prepare a trial balance for each month-end cutoff.