Can I please have help with this problem? I'm not sure where to start and I will need help with check points and the payroll.

Accounting ab ON THE JOB SMITH COMPUTER CENTER Using the worksheet in Chapter 11 for Smith Computer Center, journalize and post the adjusting entries and prepare the financial statements. (60 min) L01,2 Mini Practice Set The Elegant Dress Shop Reviewing the Accounting cycle for a Merchandise Company This practice set will help you review all the key concepts of a merchandise company, along with the integration of payroll, including the preparation of Form 941. Because you are the bookkeeper for the Elegant Dress Shop, we have gathered the following information for you. It will be your task to complete the accounting cycle for March. The company uses the periodic inventory method. THE ELEGANT DRESS SHOP POST.CLOSING TRIAL BALANCE FEBRUARY 28, 201X Petty Cash 180000 III Merchandise inventory 165000 0000 Delivery Truck 300 000 Accumulated Depreciation, T III 200000 RCA-OASOI Payable II 2 6070 SUTA Payable III 100000 1299220 Totals 22 769 80 22 769 80 Balances in subsidiary ledgers as of March 1 are as follows: Accounts Receivable Accounts Payable Bach Co. $1,800 Danmark Co. $2,000 Danmarks Co. Johnsons Co. Manny Garage Young Co. Thomas Co. Payroll is paid monthly FICA rate OASDI 6.2% on $117,000 Medicare 1.45% on all earnings SUTA rate 4.8% on $7,000 FUTA rate 0.6% on $7,000 Use the table provided at the end of this practice set, Accounting ab ON THE JOB SMITH COMPUTER CENTER Using the worksheet in Chapter 11 for Smith Computer Center, journalize and post the adjusting entries and prepare the financial statements. (60 min) L01,2 Mini Practice Set The Elegant Dress Shop Reviewing the Accounting cycle for a Merchandise Company This practice set will help you review all the key concepts of a merchandise company, along with the integration of payroll, including the preparation of Form 941. Because you are the bookkeeper for the Elegant Dress Shop, we have gathered the following information for you. It will be your task to complete the accounting cycle for March. The company uses the periodic inventory method. THE ELEGANT DRESS SHOP POST.CLOSING TRIAL BALANCE FEBRUARY 28, 201X Petty Cash 180000 III Merchandise inventory 165000 0000 Delivery Truck 300 000 Accumulated Depreciation, T III 200000 RCA-OASOI Payable II 2 6070 SUTA Payable III 100000 1299220 Totals 22 769 80 22 769 80 Balances in subsidiary ledgers as of March 1 are as follows: Accounts Receivable Accounts Payable Bach Co. $1,800 Danmark Co. $2,000 Danmarks Co. Johnsons Co. Manny Garage Young Co. Thomas Co. Payroll is paid monthly FICA rate OASDI 6.2% on $117,000 Medicare 1.45% on all earnings SUTA rate 4.8% on $7,000 FUTA rate 0.6% on $7,000 Use the table provided at the end of this practice set