I can submit pictures of my assignment later but I have to complete Journal Entries, Multi-Step Income Statement, statement of retained earnings, and balance sheet. These are based off a problem I'm...

July 13
    Journal
    Date    Accounts    Debit    Credit
    July . 13    Cash    $1,200
         Stacy's Capital        $1,200
        (Being Cash intruduced as capital)
    July . 13    Inventory    $1,645
         Accounts Payable        $1,645
        (Purchased 940 truffles on account at $1.75 each)
    July . 13    Rent Expense    $125
        Prepaid Rent    $250
        Cleaning Deposit    $150
         Cash        $525
        (Being cash paid for Booth rent and Deposit for Cleaing)
    July . 13    Cash    $150
         Unearned revenue        $150
        (Cash received as advance for supply of 40 truffles)
    July . 13    Cash    $2,738
         Sales revenue        $2,738
        (Sales of 730 units of truffles at $3.75 each)
    July . 13    Cost of goods sold    $1,278
         Inventory        $1,278
        (Being cost of truffles sold is tranfe
ed from Inventory)
    July . 13    Salary expense    $85
         Salary Payable        $85
    T- Accounts
    Cash
    July . 13    $1,200    $525    July . 13
    July . 13    $150
    July . 13    $2,738
    Balance    $3,563
     Stacy's Capital
            $1,200    July . 13
    Inventory
    July . 13    $1,645    $1,278    July . 13
    Balance    $368
     Accounts Payable
            $1,645    July . 13
    Rent Expense
    July . 13    $125    $125    CLS
    Prepaid Rent
    July . 13    $250
    Cleaning Deposit
    July . 13    $150
     Unearned revenue
            $150    July . 13
     Sales revenue
    CLS    $2,738    $2,738    July . 13
    Cost of goods sold
    July . 13    $1,278    $1,278    CLS
    Salary expense
    July . 13    $85    $85    CLS
     Salary Payable
            $85    July . 13
    Income Statement
    For the day ended July 13
    Sales revenue (net)        $2,738
    Cost of goods sold        $1,278
    Gross profit        $1,460
    Operating expenses:
     Rent expenses        $125
     Salary expenses        $85
     Total operating expenses        $210
    Net Income        $1,250
    Statement of Retained Earnings
    For the day ended July 13
    Balance Beginning         $0
    Add: Net Income for the day        $1,250
            $1,250
    Less: Cash Withdrawal        $0
    Balance Ending         $1,250
    Balance Sheet
    As of July 13
    ASSETS
    Cu
ent assets:
     Cash        $3,563
     Inventory        $368
     Prepaid rent        $250
     Clearing Deposit        $150
     Total cu
ent assets            $4,330
    Long-term assets:
     Equipment
     Less: Accumulated depreciation
     Total long-term assets
    TOTAL ASSETS            $4,330
    LIABILITIES
    Cu
ent Liabilities:
     Accounts payable        $1,645
     Salaries payable        $85
     Unearned revenue        $150
     Total Cu
ent Liabilities            $1,880
    Long-Term Liabilities
     Notes payable
     Total Liabilities            $1,880
    STOCKHOLDERS' EQUITY
     Owner's Capital            $1,200
     Retained Earnings            $1,250
     Total Stockholders' Equity            $2,450
    TOTAL LIABILITIES AND
    STOCKHOLDERS' EQUITY            $4,330
                $0
July 14
    Journal
    Date    Accounts    Debit    Credit
    July. 14    Inventory    $2,625
         Accounts Payable        $2,625
        (Purchased...