I need help solving this.

Written Problems: Please show all of your work for partial credit. Problem 1 (40 points) The general ledger of Advanced Health at January 1, 2021, includes the following account balances: Accounts Debits Credits kash $4,500 Accounts Receivable 8,300 Supplies 3,700 Equipment 26,400 Accumulated Depreciation $5,800 Accounts Payable 4,200 Utilities Payable 5.500 Deferred Revenue -0- Common Stock 19.000 8.400 $42.900 $42.900 Retained Earnings Totals The following is a summary of the transactions for the year. a. Provide health services for cash, $18,000, and on account, $62,000. b. Collect on accounts receivable, $45,000 c. Issue shares of common stock in exchange for $12,000 cash. d. Pay salaries for the current year, $36,000 e. Pay utilities, $13,000, of which $5,500 represents costs for 2020 f. Receive cash in advance from customers, 57,000. g. Pay $3,000 cash dividends to stockholders. Required: 1. Set up the necessary T-accounts and enter the beginning balances from the trial balance. In addition to the accounts shown, the company has accounts for Dividends, Service Revenue, Salaries Expense, Utilities Expense, Supplies Expense, and Depreciation Expense. 2. Record each of the summary transactions listed above. 3. Post the transactions to the accounts 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Depreciation for the year on the equipment is $2,900. Supplies remaining on hand at the end of the year equal $1,200. Of the $7,000 paid in advance by customers, $4,000 of the work has been completed by the end of the year. 6. Post adjusting entries. 7. Prepare an adjusted trial balance. 8. Prepare the Income Statement, Statement of Stockholders' Equity, and Balance Sheet for 2021. 9. Record closing entries. 10. Post closing entries 11. Prepare a post-closing trial balance. Hint: LABEL ALL TRANSACTIONS with a number or a letter, both when creating the journal entries and when posting transactions to the T-accounts. Written Problems: Please show all of your work for partial credit. Problem 1 (40 points) The general ledger of Advanced Health at January 1, 2021, includes the following account balances: Accounts Debits Credits kash $4,500 Accounts Receivable 8,300 Supplies 3,700 Equipment 26,400 Accumulated Depreciation $5,800 Accounts Payable 4,200 Utilities Payable 5.500 Deferred Revenue -0- Common Stock 19.000 8.400 $42.900 $42.900 Retained Earnings Totals The following is a summary of the transactions for the year. a. Provide health services for cash, $18,000, and on account, $62,000. b. Collect on accounts receivable, $45,000 c. Issue shares of common stock in exchange for $12,000 cash. d. Pay salaries for the current year, $36,000 e. Pay utilities, $13,000, of which $5,500 represents costs for 2020 f. Receive cash in advance from customers, 57,000. g. Pay $3,000 cash dividends to stockholders. Required: 1. Set up the necessary T-accounts and enter the beginning balances from the trial balance. In addition to the accounts shown, the company has accounts for Dividends, Service Revenue, Salaries Expense, Utilities Expense, Supplies Expense, and Depreciation Expense. 2. Record each of the summary transactions listed above. 3. Post the transactions to the accounts 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Depreciation for the year on the equipment is $2,900. Supplies remaining on hand at the end of the year equal $1,200. Of the $7,000 paid in advance by customers, $4,000 of the work has been completed by the end of the year. 6. Post adjusting entries. 7. Prepare an adjusted trial balance. 8. Prepare the Income Statement, Statement of Stockholders' Equity, and Balance Sheet for 2021. 9. Record closing entries. 10. Post closing entries 11. Prepare a post-closing trial balance. Hint: LABEL ALL TRANSACTIONS with a number or a letter, both when creating the journal entries and when posting transactions to the T-accounts