can you help me with adjusting entries?

April 1" J. The company sold some outdated equipment. The old equipment had a historical cost of $10,000, accumulated depreciation of $500 and was sold for $9,300 cash Viezuchter replaced the sold equipment with a $30,000 new machine and made repairs to some preexisting equipment for $10,000 to keep the equipment at full capacity. The new equipment has a useful life of 3 years and no estimated salvage . Kris and William reached a mutual decision to discontinue its flagging restorations segment of business, holding it for sale but continuing their restoration operations until the division was sold. In addition, they determined there was ample demand to begin merchandising available engine parts. Viezuchter paid off all of its existing accounts payable and purchased another $150,000 of supplies on credit, deciding that its increasing business warranted a bulk order. Viezuchter paid its employees the $1,000 owed from the prior quarter. The company paid its estimated taxes from the first quarter. Viezuchter established a prepaid contract with a local shipping company agreeing to repairs its trucks over a period of one year for $150,000: cash was paid by the shipping company on April 1-the contract entitles the customer to unlimited repairs over the period. William suggests the company recognize revenue ratably over the year. William invested $75,000 in debt securities and $40,000 in equity securities. William suggested Viezuchter Co, hold $50,000 of the debt securities as held to maturity and the remaining $25,000 debt securities as available for sale (all debt securities had a maturity of 20 years and were issued at par. both issues have a 3% stated rate payable 3/31 of each year). The equity securities were all classified as trading securities William correctly suggests the following journal entry for these securities: Trading Securities - Equity Securities 40.000 Available for Sale Securities - Debt Securities 25,000 Held-to-Maturity Securities - Debt Securities 50.000 Cash 115.000 Merchandising purchase and sales log Viczuchter uses the specific identification method to assign the cost of merchandise sold. All inventory purchases are made on credit and all sales are made in cash. Viezuchter uses the perpetual system of recording inventory transactions, recording cost of goods sold with each sale on the day the sale is made. Date Transaction Sale price to Cost to Viezuchter Customer 4/1 Purchase N/A $30,000 4/30 Sale $31.000 $22.000 5/1 Purchase N/A $41,000 6/20 Sale $45.000 $27,000 8/5 Sale $30,000 $20,000 10/1 Purchase N/A $50,000 Sale $72.000 $42.500 11/5 . April 2 - December 31" (for simplicity date all transactions as of 12/31 The company's invoices indicated the following repairs and restorations Repairs to diesel engines $1.300.000 Restoring cars $32.500 70% of these services were paid in cash and 30% through customers paying on credit. $125.000 of supplies were used in rendering these services. Viezuchter paid its outstanding supply and inventory credit contracts for garage supplies leaving a $15,000 balance to be paid in 2020. Utilities expenses incurred during these months amounted to $85.000 and were paid on 12/31. Viezuchter collected $350,000 of its credit sales. Viezuchter paid its employees $300,000 for their services during 2019 and promised a $10,000 bonus based on commissions and service quotas met during the year that would be paid on January 1, 2020. Kris withdrew $120,000 at the end of the year. At December 31. After some finngling by William, Viezuchter Co, faces an effective tax rate of 18%. William informed Kris that the company would need to estimate the potential defaults resulting from Viezuchter's credit sales and assessed the bad debt at $2,700 at year end