I need help solving the red parts of the adjusting entries. I have provided the information below to help solve it.

any info helps

it doesnt give that information. r u able to fill the other red parts out?

a) Prepare the appropriate adjusting entries on March 31, 2014. HINT: Where might you look to find information to prepare the adjusting entries? NOTE: The adjusting entries will be automatically posted to the general ledger when you click 'submit' and the correct adjusted general ledger balances will be available in the solution to Part 4. General Journal Page GJ5 Date Account/Explanation F Debit Credit 31/Mar Depreciation Expense, Building 700 Accumulated Depreciation, Building 700 depreciation of building 31/Mar Depreciation Expense, Fumiture Accumulated Depreciation, Furniture depreciation furniture 31/Mar Prepaid Insurance 900 Insurance Expense 900 insurance expense 31/Mar Unearned Consulting Revenue Consulting Revenue Earned payment for consulting revenue 31/Mar Salaries Expense 15,300 Salaries Payable 15,300 repair Note that any incorrect entries are highlighted red, but there may also be some entries missing. prepaid in su b) What is the next step in the accounting cycle? This is the last step Prepare a post-closing trial balance Prepare closing entries Prepare an adjusted trial balance Analyze and journalize transactions Post transactions Prepare financial statements Prepare an unadjusted trial balance Initech Inc. Unadjusted Trial Balance March 31, 2014 Cash... Accounts receivable Prepaid insurance Furniture...... Building... Accumulated depreciation, building. Accounts payable.. Unearned consulting revenue. Share capital Dividends...... Retained earnings. Consulting revenue earned. Salaries expense.. Advertising expense.. Food and drinks expense.. Repair expense. Totals Debit Credit 187,949 87,712 10,800 19,200 11,500 2,500 126,500 25,000 112,000 740 50,000 18,840 15,300 800 39 800 334,840 334,840 Initech Inc.'s March journal entries have been posted to the general ledger for you as shown below. This is similar to how an accounting softwa F Debit 25,000 25,000 88 Cash Date Explanation 28/Feb Opening balance 1/Mar Issued shares 1/Mar Prepaid for insurance. 1/Mar Received payment for consulting in advance 6/Mar Earned and received consulting revenue. 15/Mar Paid for dinner with client 21/Mar Paid invoice for furniture 25/Mar Paid cash for salaries 29/Mar Paid for repairs to building 31/Mar Received customer payment. 31/Mar Paid bill for advertising expense, 31/Mar Dividends, GJ1 GJ1 GJ1 GJ1 GJ2 GJ2 GJ3 GJ3 GJ3 GJ3 GJ4 Account No. 101 Credit Balance 178,500 203,500 10,800 192,700 217,700 217,788 39 217,749 19,200 198,549 15,300 183,249 800 182,449 189,489 800 188,689 740 187,949 7,040 F Debit Date 28/Feb 9/Mar 23/Mar 29/Mar 31/Mar Accounts Receivable Explanation Opening balance Earned consulting revenue Earned consulting revenue Earned consulting revenue Received customer payment GJ2 GJ2 GJ3 GJ3 4,392 7,040 7,320 Account No. 106 Credit Balance 76,000 80,392 87,432 94,752 7,040 87,712 Prepaid Insurance Explanation Date 1/Mar Prepaid for insurance, F GJ1 Debit 10,800 Account No. 128 Credit Balance 10,800 Furniture Explanation Date 4/Mar F Debit GJ1 19,200 Account No. 161 Credit Balance 19,200 Received furniture Building Explanation F Debit Date 28/Feb Opening balance Account No. 173 Credit Balance 11,500 Accumulated Depreciation, Building Explanation Opening balance Date 28/Feb Debit Account No. 174 Credit Balance 2,500 Date F Debit 28/Feb 4/Mar 21/Mar 21/Mar 31/Mar Accounts Payable Explanation Opening balance Received furniture Received bill for advertising expense Paid invoice for furniture Paid bill for advertising expense. GJ1 GJ2 GJ2 GJ3 Account No. 201 Credit Balance 126,500 19,200 145,700 800 146,500 127,300 126,500 19,200 800 Date Unearned Consulting Revenue Explanation Received payment for consulting in advance. Debit F GJ1 Account No. 230 Credit Balance 25,000 25,000 1/Mar Share Capital Explanation F Debit Date 28/Feb 1/Mar Account No. 301 Credit Balance 87,000 25,000 112,000 Opening balance Issued shares GJ1 Dividends Explanation Date 31/Mar F GJ4 Debit 740 Account No. 302 Credit Balance 740 Dividends Retained Earnings Explanation F Debit Date 28/Feb Account No. 318 Credit Balance 50,000 Opening balance Debit Date 6/Mar 9/Mar 23/Mar 29/Mar Consulting Revenue Earned Explanation Earned and received consulting revenue. Earned consulting revenue Earned consulting revenue Earned consulting revenue. F GJ1 GJ2 GJ2 GJ3 Account No. 403 Credit Balance 88 88 4,392 4,480 7,040 11,520 7,320 18,840 Salaries Expense Explanation Date 25/Mar F GJ3 Debit 15,300 Account No. 622 Credit Balance 15,300 Paid cash for salaries Date 21/Mar Advertising Expense Explanation Received bill for advertising expense.. Debit 800 Account No. 655 Credit Balance 800 GJ2 Date 15/Mar Food and Drinks Expense Explanation Paid for dinner with client, F GJ2 Debit 39 Account No. 668 Credit Balance 39 Repair Expense Explanation Date 29/Mar Debit 800 Account No. 684 Credit Balance 800 Paid for repairs to building. GJ3 Initech Inc. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custo following alphabetized post-closing trial balance at February 28, 2014. Account Balance Accounts payable 126,500 Accounts receivable 76,000 Accumulated depreciation, building 2,500 Building 11,500 Cash 178,500 Retained earnings. 50,000 Share capital 87,000 Note: There were 1,000 shares issued and outstanding on February 28, 2014. Depreciation on the building is $700 per month. Initech Inc.'s salaries expense is a total of $900 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). Invoice 3383 Receipt 7619 The following source documents are from March : Deposit slip (March 1) Purchase Order 3849 Inter-Office Memo 1 Receipt 7618 Receipt 7617 Inter-Office Memo 2 Purchase Order 6585 Invoice 3381 Invoice 8579 Receipt from Susan's Diner O Raintree Advertising Bill Inter-Office Memo 3 O Invoice 3382 Inter-Office Memo 4 Receipt 9080 Customer Statement for Decker Co Inter-Office Memo 5 Inter-Office Memo 6 Page Gj1 Credit F Debit 25,000 Page GJ2 F Debit Credit 4,392 4,392 25,000 10,800 39 10,800 39 25,000 800 General Journal Date Account/Explanation 1/Mar Cash Share Capital Issued shares 1/Mar Prepaid Insurance Cash Prepaid for insurance 1/Mar Cash Unearned Consulting Revenue Received payment for consulting in advance 4/Mar Furniture Accounts Payable. Received furniture 6/Mar Cash Consulting Revenue Earned. Earned and received consulting revenue General Journal Date Account/Explanation 9/Mar Accounts Receivable Consulting Revenue Earned Earned consulting revenue 15/Mar Food and Drinks Expense Cash Paid for dinner with client 21/Mar Advertising Expense Accounts Payable, Received bill for advertising expense 21/Mar Accounts Payable Cash Paid invoice for furniture 23/Mar Accounts Receivable Consulting Revenue Earned. Earned consulting revenue 25,000 800 19,200 19,200 19,200 19,200 88 7,040 88 7,040 F Page GJ3 Debit Credit 15,300 15,300 General Journal Date Account/Explanation 31/Mar Dividends Cash Dividends Page GJ4 F Debit Credit 740 740 800 800 General Journal Date Account/Explanation 25/Mar Salaries Expense Cash Paid cash for salaries 29/Mar Repair Expense Cash Paid for repairs to building 29/Mar Accounts Receivable Consulting Revenue Earned Earned consulting revenue 31/Mar Cash Accounts Receivable Received customer payment 31/Mar Accounts Payable Cash Paid hill for advertising exnense 7,320 7,320 7,040 7,040 800 800 a) Prepare the appropriate adjusting entries on March 31, 2014. HINT: Where might you look to find information to prepare the adjusting entries? NOTE: The adjusting entries will be automatically posted to the general ledger when you click 'submit' and the correct adjusted general ledger balances will be available in the solution to Part 4. General Journal Page GJ5 Date Account/Explanation F Debit Credit 31/Mar Depreciation Expense, Building 700 Accumulated Depreciation, Building 700 depreciation of building 31/Mar Depreciation Expense, Fumiture Accumulated Depreciation, Furniture depreciation furniture 31/Mar Prepaid Insurance 900 Insurance Expense 900 insurance expense 31/Mar Unearned Consulting Revenue Consulting Revenue Earned payment for consulting revenue 31/Mar Salaries Expense 15,300 Salaries Payable 15,300 repair Note that any incorrect entries are highlighted red, but there may also be some entries missing. prepaid in su b) What is the next step in the accounting cycle? This is the last step Prepare a post-closing trial balance Prepare closing entries Prepare an adjusted trial balance Analyze and journalize transactions Post transactions Prepare financial statements Prepare an unadjusted trial balance Initech Inc. Unadjusted Trial Balance March 31, 2014 Cash... Accounts receivable Prepaid insurance Furniture...... Building... Accumulated depreciation, building. Accounts payable.. Unearned consulting revenue. Share capital Dividends...... Retained earnings. Consulting revenue earned. Salaries expense.. Advertising expense.. Food and drinks expense.. Repair expense. Totals Debit Credit 187,949 87,712 10,800 19,200 11,500 2,500 126,500 25,000 112,000 740 50,000 18,840 15,300 800 39 800 334,840 334,840 Initech Inc.'s March journal entries have been posted to the general ledger for you as shown below. This is similar to how an accounting softwa F Debit 25,000 25,000 88 Cash Date Explanation 28/Feb Opening balance 1/Mar Issued shares 1/Mar Prepaid for insurance. 1/Mar Received payment for consulting in advance 6/Mar Earned and received consulting revenue. 15/Mar Paid for dinner with client 21/Mar Paid invoice for furniture 25/Mar Paid cash for salaries 29/Mar Paid for repairs to building 31/Mar Received customer payment. 31/Mar Paid bill for advertising expense, 31/Mar Dividends, GJ1 GJ1 GJ1 GJ1 GJ2 GJ2 GJ3 GJ3 GJ3 GJ3 GJ4 Account No. 101 Credit Balance 178,500 203,500 10,800 192,700 217,700 217,788 39 217,749 19,200 198,549 15,300 183,249 800 182,449 189,489 800 188,689 740 187,949 7,040 F Debit Date 28/Feb 9/Mar 23/Mar 29/Mar 31/Mar Accounts Receivable Explanation Opening balance Earned consulting revenue Earned consulting revenue Earned consulting revenue Received customer payment GJ2 GJ2 GJ3 GJ3 4,392 7,040 7,320 Account No. 106 Credit Balance 76,000 80,392 87,432 94,752 7,040 87,712 Prepaid Insurance Explanation Date 1/Mar Prepaid for insurance, F GJ1 Debit 10,800 Account No. 128 Credit Balance 10,800 Furniture Explanation Date 4/Mar F Debit GJ1 19,200 Account No. 161 Credit Balance 19,200 Received furniture Building Explanation F Debit Date 28/Feb Opening balance Account No. 173 Credit Balance 11,500 Accumulated Depreciation, Building Explanation Opening balance Date 28/Feb Debit Account No. 174 Credit Balance 2,500 Date F Debit 28/Feb 4/Mar 21/Mar 21/Mar 31/Mar Accounts Payable Explanation Opening balance Received furniture Received bill for advertising expense Paid invoice for furniture Paid bill for advertising expense. GJ1 GJ2 GJ2 GJ3 Account No. 201 Credit Balance 126,500 19,200 145,700 800 146,500 127,300 126,500 19,200 800 Date Unearned Consulting Revenue Explanation Received payment for consulting in advance. Debit F GJ1 Account No. 230 Credit Balance 25,000 25,000 1/Mar Share Capital Explanation F Debit Date 28/Feb 1/Mar Account No. 301 Credit Balance 87,000 25,000 112,000 Opening balance Issued shares GJ1 Dividends Explanation Date 31/Mar F GJ4 Debit 740 Account No. 302 Credit Balance 740 Dividends Retained Earnings Explanation F Debit Date 28/Feb Account No. 318 Credit Balance 50,000 Opening balance Debit Date 6/Mar 9/Mar 23/Mar 29/Mar Consulting Revenue Earned Explanation Earned and received consulting revenue. Earned consulting revenue Earned consulting revenue Earned consulting revenue. F GJ1 GJ2 GJ2 GJ3 Account No. 403 Credit Balance 88 88 4,392 4,480 7,040 11,520 7,320 18,840 Salaries Expense Explanation Date 25/Mar F GJ3 Debit 15,300 Account No. 622 Credit Balance 15,300 Paid cash for salaries Date 21/Mar Advertising Expense Explanation Received bill for advertising expense.. Debit 800 Account No. 655 Credit Balance 800 GJ2 Date 15/Mar Food and Drinks Expense Explanation Paid for dinner with client, F GJ2 Debit 39 Account No. 668 Credit Balance 39 Repair Expense Explanation Date 29/Mar Debit 800 Account No. 684 Credit Balance 800 Paid for repairs to building. GJ3 Initech Inc. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custo following alphabetized post-closing trial balance at February 28, 2014. Account Balance Accounts payable 126,500 Accounts receivable 76,000 Accumulated depreciation, building 2,500 Building 11,500 Cash 178,500 Retained earnings. 50,000 Share capital 87,000 Note: There were 1,000 shares issued and outstanding on February 28, 2014. Depreciation on the building is $700 per month. Initech Inc.'s salaries expense is a total of $900 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). Invoice 3383 Receipt 7619 The following source documents are from March : Deposit slip (March 1) Purchase Order 3849 Inter-Office Memo 1 Receipt 7618 Receipt 7617 Inter-Office Memo 2 Purchase Order 6585 Invoice 3381 Invoice 8579 Receipt from Susan's Diner O Raintree Advertising Bill Inter-Office Memo 3 O Invoice 3382 Inter-Office Memo 4 Receipt 9080 Customer Statement for Decker Co Inter-Office Memo 5 Inter-Office Memo 6 Page Gj1 Credit F Debit 25,000 Page GJ2 F Debit Credit 4,392 4,392 25,000 10,800 39 10,800 39 25,000 800 General Journal Date Account/Explanation 1/Mar Cash Share Capital Issued shares 1/Mar Prepaid Insurance Cash Prepaid for insurance 1/Mar Cash Unearned Consulting Revenue Received payment for consulting in advance 4/Mar Furniture Accounts Payable. Received furniture 6/Mar Cash Consulting Revenue Earned. Earned and received consulting revenue General Journal Date Account/Explanation 9/Mar Accounts Receivable Consulting Revenue Earned Earned consulting revenue 15/Mar Food and Drinks Expense Cash Paid for dinner with client 21/Mar Advertising Expense Accounts Payable, Received bill for advertising expense 21/Mar Accounts Payable Cash Paid invoice for furniture 23/Mar Accounts Receivable Consulting Revenue Earned. Earned consulting revenue 25,000 800 19,200 19,200 19,200 19,200 88 7,040 88 7,040 F Page GJ3 Debit Credit 15,300 15,300 General Journal Date Account/Explanation 31/Mar Dividends Cash Dividends Page GJ4 F Debit Credit 740 740 800 800 General Journal Date Account/Explanation 25/Mar Salaries Expense Cash Paid cash for salaries 29/Mar Repair Expense Cash Paid for repairs to building 29/Mar Accounts Receivable Consulting Revenue Earned Earned consulting revenue 31/Mar Cash Accounts Receivable Received customer payment 31/Mar Accounts Payable Cash Paid hill for advertising exnense 7,320 7,320 7,040 7,040 800 800