Please solve numbers 1-7 question number E3-39

E3-39. (Learning Objectives 3, 4, 5, 6: Adjust the accounts; lose the books; construct the financial statements; analyze and evaluate liquidity and debt-paying ability) Refer to Exercise 2-34 of Chapter 2. Start from the trial balance and the posted T-accounts that Sean Huffman, Certified Public Accountant, Professional Corporation (P.C.), prepared for his accounting practice at January 18. A professional corporation is not subject to income tax. Later in January, the business completed these transactions: Received $2,400 in advance for tax work to be performed over the next 30 days. Jan 21 21 Hired a secretary to be paid on the 15th day of each month. 26 Paid $400 for the supplies purchased on January 5 28 Collected $1,500 from the client on January 18 31 Declared and paid dividends of $1,200. Requirements 1. Journalize the transactions of January 21 through 31. 2. Post the January 21 to 31 transactions to the T-accounts, keying all items by date. 3. Prepare an Excel spreadsheet showing the unadjusted trial balance at January 31. 4. At January 31, Huffiman gathers the following information for the adjusting entries: a. Acrued service revenue, $2,000 b. Earned $800 of the service revenue collected in advance on January 21 c. Supplies on hand, $200 d. Depreciation expense equipment, S65; furniture, $78 e. Accrued expense for secretary's salary, $500 Refer to the Excel spreadsheet you prepared in requirement 3. Make these adjustments in the adjustments columns and complete the adjusted trial balance at January 31