Question: Can someone help me get started on this assignment? I am having trouble getting it balanced at first. I need to create a chart of

Can someone help me get started on this assignment? I am having trouble getting it balanced at first. I need to create a chart of accounts with balances that are based off of the transaction list. Thank you!  Can someone help me get started on this assignment? I am

Doodles Inc. engaged in the following transactions in 2018. Jan 1 The owner invested $70,000 into the company in exchange for 5,000 shares of no-par common stock Jan 1 Purchased a computer system for $32,000. Jan 14 Purchased $1,200 of supplies on account. Feb 25 Invoiced clients for services provided on account, S36,000. Mar 31 Paid rent for two years, $19,200. April 1 The company borrowed $50,000 from Bank of America. May 14 Collected $8,500 on account. June 1 Purchase a delivery van to delivery copies to customers, the van had a purchase price of $53,000, taxes on the van were $5,000 and document charges of $1,500 were paid. July 31 Paid $800 on account for supplies purchased on January 14 Aug 10 Received cash for services provided, $10,200 Sept Paid utilities of $4,000. Oct 1 Received $30,000 in advance for services to be provided in the future. Nov 15 Paid for an ad in the local newspaper, $1,500 Nov 27 Processed employee payroll and employer taxes, gross earnings was $4,000. Nov 30 Paid the employee salaries, taxes are not due until January Dec 15 The company declared and paid $6,000 in dividends. Dec 30 Invoiced clients for services performed totaling S9,000. Dec 27 Processed employee payroll and employer taxes, gross earnings was $4,000. Dec 30 Paid the employee salaries, taxes are not due until January ncollectible unts upplies ervice Revenue tising Expense quipmen lities Expense epreciation preciation Expense livery Van nt Expense Interest Expense upplies Expense erest Payable evenue ederal Income Taxes Payable tate Income Taxes Payable

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