Question

	TRANSACTIONS
1	INVESTED $400,000 CASH FOR COMMON STOCK
2	PURCHASED LAND FOR CASH OF $54,000
3	RECEIVED $25,000 CASH FROM A NOTES PAYABLE
4	PURCHASED EQUIPMENT FOR $34,000 with $5,000 CASH, REMAINING ON ACCOUNT balance to AP 29,000
5	PAID RENT FOR $2,300 CASH
6	PURCHASED $3,950 IN SUPPLIES IN CASH
7	INCURRED ADVERTISING EXPENSE $2,300 ON ACCOUNTS PAYABLE
8	PERFORMED SERVICES $46,000, RECEIVED $4,000 CASH, BALANCE ON ACCOUNT
9	PAID $900 CASH ON DIVIDENDS
10	PREPAID INSURANCE FOR 2 YEARS OF $7,200
11	PAID $4,000 CASH FOR UTILITIES
12	PAID $3,600 FROM ACCOUNTS PAYABLE
13	PAID $240 ON INTEREST EXPENSE
14	INCURRED SALARIES & WAGES PAYBLE FOR 3 OUT OF 5 DAYS FOR 2 EMPLOYEES AT $900 EACH AND PAID CASH OF $7,200 IN CASH.
15	RECEIVED $18,000 CASH FROM ACCOUNTS RECEIVABLE
16	RECEIVED $5,000 CASH FOR FUTURE SERVICES
17	REMAING BALANCE ON ACCOUNT OF SUPPLIES IS $2000
18	EXPENSED UTILITIES ON ACCOUNT FOR $450.00
19	INSURANCE EXPENSED FOR 1 MONTH
20	EQUIPMENT DEPRECIATION IS OF A 5 YEAR SCHEDULE, INDICATE EXPENSE FOR THE MONTH
21	PERFORMED SERVICES FOR $2,700 ON ACCOUNT
	ADJUSTING ENTRIES
22	PERFORMED SERVICES ON ACCOUNT WAS ACTUALLY $27,000 NOT $2,700
	-PREPARE TRIAL BALANCE -MAKE ADJUSTMENTS -ADJUSTED TRIAL BALANCE -INCOME STATEMENT -BALANCE SHEET RETAINED EARNINGS STATEMENT

Answer 1

Aswer is given as searially provided in the question,

Trial Balance are shown before the adjustment and after the adjustment

Here also done the journal entries and majore ledger accounts following with the solve for better understanding, there not part of the answer.