Please help I dont know what Im doing wrong

The transactions completed by PS Music during June 2018 were described at the end of Chapter 1. The following transactions were completed during July, the second month of the business?s operations: July 1. Peyton Smith made an additional investment in PS Music in exchange for common stock by depositing $5,000 in PS Music's checking account 1. Instead of continuing to share office space with a local real estate agency, Peyton decided to rent office space near a local music store. Paid rent for July, $1,750. 1. Paid a premium of $2,700 for a comprehensive insurance policy covering liability, theft, and fire The policy covers a one-year period 2 Received $1,000 on account. 3. On behalf of PS Music, Peyton signed a contract with a local radio station, KOXMD, to provide guest spots forthe next three months. The contract requires PS Music to provide a guest disc jockey for 80 hours per month for a monthly fee of $3,600. Any additional hours beyond 80 will be billed to KXMD at $40 per hour In accordance with the contract, Peyton received $7,200 from KOXMD as an advance payment for the first two months 3. Paid $250 on account 4 Paid an attorney $900 for reviewing the July 3 contract with KOMD. (Record as Miscellaneous Expense) s. Purchased office equipment on account from Office Mart, $7,500 8. Paid for a newspaper advertisement, $200. 11. Received $1,000 for serving as a disc jockey for a party. 13. Paid $700 to a local audio electronics store for rental of digital recording equipment 14. Paid wages of $1,200 to receptionist and part-time assistant Enter the following transactions on Page 2 of the two-column journal 16. Received $2,000 for serving as a disc jockey for a wedding reception. 18. Purchased supplies on account $850. 21. Paid $620 to Upload Music for use of its current music demos in making various music sets. 22 Paid S800 to a loalrado station to advertise the services of PS Music twice daly forthe emainder of July. 23. Served as disc jockey for a party for $2500. Received $750, with the remainder due August 4 2018 27. Paid electric bill, $915. 28. Paid wages of $1,200 to receptionist and part-time assistant 29. Paid miscellaneous expenses, $540. 30. Served as a disc jockey for a charity ball for $1,500. Recelved $500, with the remainder due on 4. Di on 5. Ma wis 6. Dis August 9, 2018 31. Recelved $3,000 for serving as a disc jockey for a party 31. Paid $1,400 royalties (music expense)to National Music Clearing for use of various artists music during 31. Paid dividends, $1,250. on t PS Music's chart of accounts and the balance of accounts as of July 1, 2018 (all normal bal- 14. Paid wages of $1,200 to receptionist and part-time assistant Enter the following transactions on Page 2 of tbe tuo-colu"m journal: 16 Received $2,000 for serving as a disc jockey for a wedding reception. 18. Purchased supplies on account $850. 21. Paid $620 to Upload Music for use of its current music demos in making various music sets 22 Paid $800 to a local radio station to advertise the services of PS Music twice daily for the rermainder of July 23. Served as disc jockey for a party for $2,500. Received $750, with the remainder due August 4,2018. 27. Paid electric bil, $915. 28. Paid wages of $1,200 to receptionist and part-time assistant 29. Paid miscellaneous expenses, $540. 30. Served as a disc jockey for a charity ball for $1,500. Received $500, with the remainder due on August 9, 2018. Received $3,000 for serving as a disc jockey for a party. Paid $1,400 royalties (music expense)to National Music Clearing for use of various artists' music during July Paid dividends, $1,250. 31. 31. 31. PS Musics chart of accounts and the balance of accounts as of July 1, 2018 (all normal bal- ances), are as follows: 11 Cash 12 Accounts Receivable 14 Supplies 15 Prepaid Insurance 17 Office Equipment 21 Accounts Payable 23 Unearned Revenue 31 Common Stock 33 Dividends $3,920 1,000 170 41 Fees Earned 50 Wages Expense 51 Office Rent Expense 52 Equipment Rent Expense 53 Utilities Expense 54 Music Expense 55 Advertising Expense 56 Supplies Expense 59 Miscellaneous Expense $6,200 400 800 675 300 1,590 500 180 415 250 4,000 500 Instructions 1. Enter the July 1, 2018, account balances in the appropriate balance column of a four-column account. Write Balance in the Item column, and place a check mark in the Posting Reference column. (Hint Verity the equality of the debit and credit balances in the ledger before proceeding with the next instruction.) 2. Analyze and journalize each transaction in a two-column journal beginning on Page 1, omit- ting journal entry explanations. 3. Post the journal to the ledger, extending the account balance to the appropciate balance column after each posting. 4. Prepare an unadjusted trial balance as of July 31, 2018. General Journal Date Refer Account Debit Credit 07/01/18 11 Cash 3,920 00 1,00000 17000 12 Accounts Recevable 14 Supples 15 Propaid Insurance 17 Office Equipment 21 Accounts Payable 23 Unoarnod Rovenuo 31 Common Stock 33 Dividends 41 Foos Earned 250 00 4000 00 500 00 6200 00 | Search Post Add New Entry Insert Debit/Cre ditDe le te Proof 0.00 Close