Part Three Instructions Before preparing the T-Accounts make sure that all journal entries are corrected so that the ending balance in the T-Accounts will be correct. Find the ending balance for each account. Do this by creating a T-account for each account in an Excel Spreadsheet as shown in the template after the instructions here. Put all debits and credits in each account and calculate the ending balance. All accounts that were used in the Chart of Accounts should be included and if the account has a zero balance place the zero on the normal balance side. Once you finish preparing all the balances in each account, use the spreadsheet to answer the questions in Blackboard. In Blackboard the question will be the same for each account. What is the balance in Account number 10000 (or whatever account it asks) and what is the normal balance? Since it asked for account number 10000 that is the cash account and then enter your answer below as written: Dr $10,500.00 This will be done for each account. Use the spreadsheet to answer the questions in Blackboard. Once you complete answering the questions in Blackboard then upload your T-Account Spreadsheet to Blackboard following the instructions below: Step 1: Enter the journal entries into the Excel Template spreadsheet and when completed print it out. Step 2: Use the Excel spreadsheet to answer the questions in Blackboard for the corresponding week in the content folder. Step 3: Once you complete entering information into Blackboard, upload the spreadsheet into Blackboard by clicking on the navigation pane then clicking on Practice Set. A template for the T-Accounts follows. Some accounts such as cash will require more than just one or two lines. Requirements 1. Correct Errors: Correct any errors that you made on the journal and adjusting journal entries before entering the information into the T-Accounts. 2. Account Balances: Once you have completed entering the transactions then prepare the ending balance in each account. Blackboard by clicking on the navigation pane then clicking on Practice set. \begin{tabular}{|c|c|c|c|} \hline & & & \begin{tabular}{l} 56,495 was deposited in the bank. The cort of merchinnolise sold \\ was $4,200. (Balloans were $3,900 and helium was $300 ) \end{tabular} \\ \hline 18. & 9/20/23 & ck#1007 & \begin{tabular}{l} Recelved and paid the 5300 invoice for supplies, string, ribbons \\ purchased on 9/18/23. \end{tabular} \\ \hline 19. & 9/22/23 & Ck\#1008 & Paid the invoice from Hector's Helium from 9/08/23. \\ \hline \begin{tabular}{ll} 20. \\ 21. & \\ \end{tabular} & \begin{tabular}{l} 9/22/23 \\ 9/23/23 \end{tabular} & & \begin{tabular}{l} Ordered S700 of helium on account. \\ Ms. Boone donated a balloon bouquet to the Hurnane Society fund \\ raiser. She felt that this was a good way to advertise her new \\ business. Her business was listed as a sponsor and a large ad was \\ put in the fund raiser program. Cost of the balloons were $600 and \\ the helium was $100. Ms. Boone considers this an advertising \\ expense. \end{tabular} \\ \hline 22. & 9/23/23 & Deposit \#4 & \begin{tabular}{l} Received payment in full from UTEP. The payment was deposited in \\ the bank. \end{tabular} \\ \hline 23. & 9/23/23 & Ck #1009 & \begin{tabular}{l} Ms. Boone paid her credit card bill for the month. The bill was $300 \\ which was for gas for the delivery van and $50 was for decorative \\ ribbons used for the Humane Society balloon arrangement. \end{tabular} \\ \hline 24. & 9/23/23 & Ck#1010 & Purchased and paid for $50 of shipping supplies. \\ \hline 25. & 9/23/23 & Deposit \#5 & \begin{tabular}{l} Internet and retail sales totaled $7,000 and sales taxes of $560 was \\ collected. The cost of the merchandise sold was $4,500 (Balloons \\ $4,000; Helium $500 ). The money was deposited in the bank. \end{tabular} \\ \hline 26. & 9/23/23 & Ck #1011 & \begin{tabular}{l} Paid the balance due to Balloon B last. There are two invoices; one \\ on 9/8/23 and the other on 9/18/23. \end{tabular} \\ \hline 27. & 9/25/23 & Deposit \#6 & \begin{tabular}{l} Collected and deposited $2,300 of payments. Sales tax totaled \\ $189.75. The cost of the merchandise sold was $1,050. (Balloons \\ $1,000; Helium $50 ). \end{tabular} \\ \hline 28. & 9/28/23 & & Received but did not pay the utility bill for the month, $120. \\ \hline 29. & 9/30/23 & Ck \#1012 & \begin{tabular}{l} Paid the first monthly installment on the computer equipment. The \\ payment amount is $636. Of this amount, $36 is for interest and \\ $600 is for principal. Make the check payable to Office Mart. \end{tabular} \\ \hline 30. & 9/30/23 & Deposit \#7 & \begin{tabular}{l} Recorded internet sales for the last week of the month. Sales of \\ $3,400 were deposited. The cost of the merchandise sold was \\ $1,250 (Balloons $1,200; Helium $50 ). Sales tax collected is $280.50. \end{tabular} \\ \hline & 9/30/23 & Ck\#1013 & \begin{tabular}{l} Paid all sales tax owed for September to the Comptroller of Public \\ Accounts. \end{tabular} \\ \hline 2. & 9/30/23 & Ck \#1014 & Declared and paid a cash dividend of $100 to Bella Boone. \\ \hline \end{tabular}