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Please help with Numbers 8- 10

1. Listed below are transactions that occured in September 2017. Using the general journal provided, record the appropriate general journal entry for each transaction.

9/1 Jackson Corporation issued 500 shares of capital stock for $20 per share.

9/2 Jackson Corporation borrowed $10,000 from the bank signing a 3-month note at 12%

9/3 $6,000 of supplies were purchases on account.

9/4 Office furniture was purchased for $10,000 cash. The furniture is expected to have a 10-year life, with no residual value.

9/15 Wages for the first half of September were paid in the amount if $2,000.

9/17 The Company billed customers $1,500 for services performed.

9/20 $3,000 was received for services to be provided in September and October.

9/23 $5,000 was received for services performed in September.

9/27 The Company collected $1,000 on account.

9/30 Dividends were declared and paid in the amount of $3,000.

2. Post each of the journal entries to the appropriate ledger accounts.

3. Prepare an unadjusted trial balance for September 30 2017.

4. Record in the general journal, adjusting entries need at the end of September using the following additional information:

a) $2,000 of supplies remain on hand.

b) Fees earned but not yet billed total $3,000.

c) By the end of September, the Company had performed 1/3 of the services related to the September 20 transaction.

d) At the end of September, employees were owed $2,000

e) HINT: Adjusting entry required for activity related to the September 2 transaction.

f) HINT: Adjusting entry required for activity related to the September 4 transaction.

5. Post each of the adjusting entries to the appropriate ledger accounts.

6. Prepare an adjusting trial balance for September 30, 2017

7. Prepare Jackson Corporation financial statements for the month of September

a) Income Statement, (b) Statement of Retained Earnings, and (c) Balance Sheet

8. Record closing entries in the general journal.

9. Post-closing entries to the appropriate ledger accounts.

10. Prepare an after-closing trial balance for Jackson Corporation for September 30 2017.

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