3) Just Part 10, 11 and 12, please. I have posted the rest separately. Thank you

For this project, Cougar Trike Bikes is a retail merchandiser who began operations on January 1, 2019. The year-end for Cougar Trike Bikes is December 31, 2019. The corporation conducted several business transactions during the month of December that have not been recorded yet. You are the accountant responsible for recording all the business transactions for the month and completing the entire accounting cycle for the year-ending December 31, 2019 (through the post-closing trial balance). Note: the December 1, 2019 beginning balances have already been posted to the T accounts. Part 1: Record the following transactions for Cougar Trike Bikes for the month of December in the General Journal. Record transactions under the perpetual net sales and gross purchase method. Date Description ransaction Purchased 30 Trike Bikes from Move Me Trikes for $30,000 on account. Terms were FOB shipping point 2/15 net 30 Paid Freight bill of S110 on purchase of Inventory on 12/1 12/1 12/1 12/1 Borrowed $10,000 on a 6 month note at 6% interest maturing on May 31st, 2020 to pay for future purchase of custom trimming machine 4 Purchased $3,500 of supplies on account. 12/5 Returned 1 Trike Bike to Move Me Trikes-that cost $1,000 due to paint defects Sold 5 Trikes to Johnson Bikes for $9,000 on account that cost 12/6 12/7 $5,000. Terms FOB shipping point 3/15 net 30 on a one-year warranty. Warranty adjustments are made at the end of the year Made payment to Move Me Trikes for goods purchased on December 1st less returns and discount 12/12 Wrote off the uncollectible S1,500 account receivable from previous sale to Jacks Cycle that was previously accrued in allowance account. 12/14 Paid employee salaries accrued at the end of November totaling $1,200 12/15 12/17Johnson Bikes returned a $1,800 Trike sold on 12/7 that cost $1,000 10 Received payment from Johnson Bikes for purchase on 12/7 less 12/20 returns. Sold 2 Trike Bikes to Bill's Bikes for $3,400 cash. The Trikes cost 12/25 12 $1,000 each Customer paid $600 deposit for future purchase of custom designed 12/27 13 Trike to be delivered in January The company was notified of a lawsuit concerning safety measures would have to pay from $6,000 to $8,000 in 2021 12/30 The company lawyers determined it was probable the company 14 Part 2: Post all the transactions for the month of December from the General Journal to the General Ledger Part 3: Complete a Trial Balance as of December 31, 2019. Part 4: Record the adjusting entries for Cougar Trike Bikes for the month of December in the General Journal Transaction Date Description Record the year-end adjusting entry for the note payable It was estimated that the warranty costs for the sale to Johnson 12/31 Adj. 1 Adj. 2 12/31Bikes on 12/7 would total $300 for parts and labor in 2020 Adj. 3 12/31At the end of December, $6,000 of supplies remain on hand It is estimated that 8% of the accounts receivable would be Adj. 4 12/31 uncollectible. Salaries for the second half of December are $1,200, but they 12/31 Adj. 5 will not be paid until January 3d. Due to Business Start up tax credit no income tax was owed at Adj 6 no entry 12/3 the end of 2019 Part 5: Post all the adjusting entries for the month of December from the General Journal to the General Ledger. The General Leger is located at the end of the document templates (start on page 12). Remember to reference each journal entry and ending balance Part 6: Complete an Adjusted Trial Balance as of December 31,2019 * Remember a balance in an account on the trial balance will carry over to the adjusted trial balance if it was not changed by an adjusting journal entry. * Part 7: Complete a MULTI-STEP Income Statement for the month ended December 31, 2019 Part 8: Complete a Statement of Retained Earnings for the month ended December 31, 2019 Part 9: Prepare a CLASSIFIED Balance Sheet as of December 31, 2019 Part 10: Record the closing entries for the year-ending December 31, 2019 Part 11: Post all the year-end closing entries from the General Journal to the General Ledger. Part 12: Prepare a Post-Closing Trial Balance General Journal- Closing Entries Part 10 Ref # | Date | Debit Account Credit 12/31 C.1 Retained Earnings 78,884 12/31Retained Earnings 59,730 C.2 12/31 Retained Earnings 0 No entry Dividends 0 Part 12 Cougar Trike Bikes Post-Closing Trial Balance December 31, 2019 Account Debit Credit Cash Accounts Receivable Less: Allowance for uncollectible accounts Merchandise Inventory Supplies Accounts Payable Notes Payable Salaries Payable Deferred Revenue Warranty Lability Interest Payable Safety Contingency Loss Liabilit Common Stock Retained Earmings Total 93,884 General Ledger Parts 2,5,11 Posting Ref#BB-Balance as of December 1, 2019 TB-Trial Balance (ending balance) Total ATB-Adjusted Trial Balance (ending balance) CB-Closing Trial Balance (ending balance) Post Journal references in left column for debits and right column for credits in each account Ref # Cash Accounts Receivable Ref# Ref# Ref# 50,600 15,000 TB/ATB Allowance for Uncollectible Accounts Ref# RefH TB/ATB 41,854 2,000 Merchandise Inventory Ref# 10,000 TB ATB TB/ATB Ref# Ref# Notes Payable TB/ATB Supplies Ref# Ref # Deferred (Unearned) Revenue 4,000 Ref # Ref# TB/ATB ATB Ref# Ref# Interest Payable ATB Ref # Accounts Payable Ref# 2,000 Safety Contingency Liability Ref# Ref# TB/ATB TB/ATB Ref# Warranty Liability | Ref# ATB Salaries Payable Safety Contingency Loss | Ref # Ref # TB/ATB 1,200 CB 0 Supplies Expense ATB ATB Sales Revenue Ref # 0 CB 68,500 Salaries Expense BB/TB 12,100 TB/ATB ATB 0 CB CB 0 Sales Discounts Interest Expense TB/ATB ATB CB CB Bad Debt Expense Sales Returns Ref # ATB 0 TB/ ATB CB 0 Warranty Expense ATB Cost of Goods Sold Ref# 32,000 Common Stock 50,000BB/TB/ATB TB/ATB Retained Earnings Ref # CB O BB/TB/ATB For this project, Cougar Trike Bikes is a retail merchandiser who began operations on January 1, 2019. The year-end for Cougar Trike Bikes is December 31, 2019. The corporation conducted several business transactions during the month of December that have not been recorded yet. You are the accountant responsible for recording all the business transactions for the month and completing the entire accounting cycle for the year-ending December 31, 2019 (through the post-closing trial balance). Note: the December 1, 2019 beginning balances have already been posted to the T accounts. Part 1: Record the following transactions for Cougar Trike Bikes for the month of December in the General Journal. Record transactions under the perpetual net sales and gross purchase method. Date Description ransaction Purchased 30 Trike Bikes from Move Me Trikes for $30,000 on account. Terms were FOB shipping point 2/15 net 30 Paid Freight bill of S110 on purchase of Inventory on 12/1 12/1 12/1 12/1 Borrowed $10,000 on a 6 month note at 6% interest maturing on May 31st, 2020 to pay for future purchase of custom trimming machine 4 Purchased $3,500 of supplies on account. 12/5 Returned 1 Trike Bike to Move Me Trikes-that cost $1,000 due to paint defects Sold 5 Trikes to Johnson Bikes for $9,000 on account that cost 12/6 12/7 $5,000. Terms FOB shipping point 3/15 net 30 on a one-year warranty. Warranty adjustments are made at the end of the year Made payment to Move Me Trikes for goods purchased on December 1st less returns and discount 12/12 Wrote off the uncollectible S1,500 account receivable from previous sale to Jacks Cycle that was previously accrued in allowance account. 12/14 Paid employee salaries accrued at the end of November totaling $1,200 12/15 12/17Johnson Bikes returned a $1,800 Trike sold on 12/7 that cost $1,000 10 Received payment from Johnson Bikes for purchase on 12/7 less 12/20 returns. Sold 2 Trike Bikes to Bill's Bikes for $3,400 cash. The Trikes cost 12/25 12 $1,000 each Customer paid $600 deposit for future purchase of custom designed 12/27 13 Trike to be delivered in January The company was notified of a lawsuit concerning safety measures would have to pay from $6,000 to $8,000 in 2021 12/30 The company lawyers determined it was probable the company 14 Part 2: Post all the transactions for the month of December from the General Journal to the General Ledger Part 3: Complete a Trial Balance as of December 31, 2019. Part 4: Record the adjusting entries for Cougar Trike Bikes for the month of December in the General Journal Transaction Date Description Record the year-end adjusting entry for the note payable It was estimated that the warranty costs for the sale to Johnson 12/31 Adj. 1 Adj. 2 12/31Bikes on 12/7 would total $300 for parts and labor in 2020 Adj. 3 12/31At the end of December, $6,000 of supplies remain on hand It is estimated that 8% of the accounts receivable would be Adj. 4 12/31 uncollectible. Salaries for the second half of December are $1,200, but they 12/31 Adj. 5 will not be paid until January 3d. Due to Business Start up tax credit no income tax was owed at Adj 6 no entry 12/3 the end of 2019 Part 5: Post all the adjusting entries for the month of December from the General Journal to the General Ledger. The General Leger is located at the end of the document templates (start on page 12). Remember to reference each journal entry and ending balance Part 6: Complete an Adjusted Trial Balance as of December 31,2019 * Remember a balance in an account on the trial balance will carry over to the adjusted trial balance if it was not changed by an adjusting journal entry. * Part 7: Complete a MULTI-STEP Income Statement for the month ended December 31, 2019 Part 8: Complete a Statement of Retained Earnings for the month ended December 31, 2019 Part 9: Prepare a CLASSIFIED Balance Sheet as of December 31, 2019 Part 10: Record the closing entries for the year-ending December 31, 2019 Part 11: Post all the year-end closing entries from the General Journal to the General Ledger. Part 12: Prepare a Post-Closing Trial Balance General Journal- Closing Entries Part 10 Ref # | Date | Debit Account Credit 12/31 C.1 Retained Earnings 78,884 12/31Retained Earnings 59,730 C.2 12/31 Retained Earnings 0 No entry Dividends 0 Part 12 Cougar Trike Bikes Post-Closing Trial Balance December 31, 2019 Account Debit Credit Cash Accounts Receivable Less: Allowance for uncollectible accounts Merchandise Inventory Supplies Accounts Payable Notes Payable Salaries Payable Deferred Revenue Warranty Lability Interest Payable Safety Contingency Loss Liabilit Common Stock Retained Earmings Total 93,884 General Ledger Parts 2,5,11 Posting Ref#BB-Balance as of December 1, 2019 TB-Trial Balance (ending balance) Total ATB-Adjusted Trial Balance (ending balance) CB-Closing Trial Balance (ending balance) Post Journal references in left column for debits and right column for credits in each account Ref # Cash Accounts Receivable Ref# Ref# Ref# 50,600 15,000 TB/ATB Allowance for Uncollectible Accounts Ref# RefH TB/ATB 41,854 2,000 Merchandise Inventory Ref# 10,000 TB ATB TB/ATB Ref# Ref# Notes Payable TB/ATB Supplies Ref# Ref # Deferred (Unearned) Revenue 4,000 Ref # Ref# TB/ATB ATB Ref# Ref# Interest Payable ATB Ref # Accounts Payable Ref# 2,000 Safety Contingency Liability Ref# Ref# TB/ATB TB/ATB Ref# Warranty Liability | Ref# ATB Salaries Payable Safety Contingency Loss | Ref # Ref # TB/ATB 1,200 CB 0 Supplies Expense ATB ATB Sales Revenue Ref # 0 CB 68,500 Salaries Expense BB/TB 12,100 TB/ATB ATB 0 CB CB 0 Sales Discounts Interest Expense TB/ATB ATB CB CB Bad Debt Expense Sales Returns Ref # ATB 0 TB/ ATB CB 0 Warranty Expense ATB Cost of Goods Sold Ref# 32,000 Common Stock 50,000BB/TB/ATB TB/ATB Retained Earnings Ref # CB O BB/TB/ATB