Requirement 2. Post to the general ledger.

Post the transactions using the transaction letters ((a), (b), (c), etc.) as posting references. Compute each account balance after posting all of the transactions, and denote the balance as Bal. (For any accounts with a zero balance after posting the transactions, select a "Bal." reference and enter a "0" on the normal side of the T-account. Abbreviations used: Accum. = Accumulated; Depr. = Depreciation.)

I started filling in the required information, but I started adding and subtracting the stuff, which didn't make sense. I think I may have just confused myself. Any help with all of this would be greatly appreciated!

Reference Salaries Expense Merchandise Inventory Reference (Click the icon to view the journal entries from Requirement 1.) Franchise Fee Expense \begin{tabular}{|l||l|l|} \hline (y) & & \\ \hline & & \\ \hline \end{tabular} Salaries Expense Reference (k) Notes Receivable Sales Revenue (k) Cost of Goods Sold Merchandise Inventory (I) Cash Credit Card Expense Sales Revenue (l) Cost of Goods Sold Merchandise Inventory (m) Cash Accounts Receivable (n) Merchandise Inventory Accounts Payable (o) Accounts Payable Cash (p) Cash Sales Revenue (p) Cost of Goods Sold Merchandise Inventory (q) Cash Interest Revenue Notes Receivable (r) Notes Receivable 170,000 170,000 56,000 56,000 73,500 1,500 25,500 235,000 690,000 310,000 340,000 137,000 182,750 137,000 12,750 170,000 240,000 Sales Revenue 240,000 Print Done