Question

i need help in what to put on the last three pages

> Comprehensive Problem 1 for Chapters 1-4 Murphy Delivery Service completed the following transactions during December 2015 Dec. 1 Murphy Delivery Service began operations by receiving $13.000 cash and a truck with a fair value of $9.000 from Russ Murphy. The business issued Murphy shares of common stock in exchange for this contribution Paid 5600 cash for a six-month insurance policy. The policy begins December 1 Paid 5750 cash for office supplies Performed delivery services for a customer and received 52,200 cash Completed a large delivery job, billed the customer, 53,300, and received a promise to collect the 53,300 within one week 18 Paid employee salary. 5800 20 Received 57,000 cash for performing delivery services. Collected 52,200 in advance for delivery service to be performed later. 25 Collected $3,300 cash from customer on account. Purchased fuel for the truck, paying $150 on account. (Credit Accounts Payable) 28 Performed delivery services on account, $1,400 29 Paid office rent, $1,400, for the month of December 30 Paid $150 on account. 31 Cash dividends of 52,500 were paid to stockholders. Requirements 1. Record each transaction in the journal using the following chart of accounts Explanations are not required. Cash Retained Earnings Accounts Receivable Dividends Office Supplies Income Summary Prepaid insurance Service Revenue Truck Salaries Expense Accumulated Depreciation-Truck Depreciation Expense Truck Accounts Payable Insurance Expense Salaries Payable Fuel Expense Unearned Revenue Rent Expense Common Stock Supplies Expense 2. Post the transactions in the T-accounts. 3. Prepare an unadjusted trial balance as of December 31, 2018 4. Prepare a worksheet as of December 31, 2018 (optional). 5. Journalize the adjusting entries using the following adjustment data and also by reviewing the journal entries prepared in Requirement 1. Past adjusting entries to the T-accounts

Answer 1

15,050 Murphy Delivery Service Income Statement For Month Ended December 31, 2018 Revenues Service Revenue Expenses Salaries expense Rent expense Depreciation expense- Truck Fuel expenses Insurance expense Supplies expense Total Expenses Net Income (Loss) 1,600 1,400 100 150 100 300 3,650 11,400 Statement of Retained Earnings For Month Ended December 31, 2018 Retained Earnings, December 1, 2018 Net Income for the month 11,400 11,400 (2,500) 8,900 Less Dividends Retained Earnings, December 31, 2018

Murphy Delivery Service Balance Sheet As of December 31, 2018 Assets Current Assets Cash Liabilities & Stockholders Equity Current Liabilities 21,500 Accounts Payable 1,850 Salaries Payable 450 Unearned Revenue 500 24,300 Total Current Liabilities Accounts Receivable Office Supplies Prepaid Insurance Total Current Assets 800 1,500 2,300 Property, Plant & Equipment Truck Accumulated Depreciation - Truck Total Property, Plant & Equipment Stockholders Equity 9,000 Common Stock (100) Retained earnings 8,900 Total Stockholders Equity 22,000 8,900 30,900 Total Assets 33,200 Total Liabilities & Stockholders Equity 33,200

Credit Closing entries Date Account 31-Dec Service Revenue Clos. (1) Income Summary Debit $ 15,050 $ 15,050 $ 3,650 31-Dec Income Summary Clos. (2) Salaries expense Depreciation expense- Truck Insurance expense Fuel expenses Rent expense Supplies expense $ $ $ $ $ $ 1,600 100 100 150 1,400 300 $ 11,400 31-Dec Income Summary Clos. (3) Retained Earnings $ 11,400 $ 2,500 31-Dec Retained Earnings Clos. (4) Dividends $ 2,500

Murphy Delivery Service Account Names Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation - Truck Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Totals Post Closing TB Debit Credit 21,500 1,850 450 500 9,000 100 800 1,500 22,000 8,900 33,300 33,300