Can you please do a general journal and T accounts for this problem

GOLDEN STATE INC. Statement of Financial Position September 30, 2017 Liabilities $860,000 Notes Payable 12% s260,000 $10,000 Income Taxes Payable S8.000 Cash Accounts Receivable Marketable Securities S6,000 Total Inventory Common Stock S8 par S640,000 $9,000 Land s60,00e Equipment $50,000 Excess of par Retained earnings $53,000 Ace. D (S20,000) Total Total Assets S975,000 $975,000 Total Liabilities & Equity You are asked to prepare, in good financial form, a set of financial statements for GOLDEN STATE INC. for the quarter ending 12/31/2017. Oct. 1-Purchased a building for S800,000. The fair market value of the building at the time of acquisition was $950,000. Only s100,000 in cash was paid at the time of legal title transfer and the corporate controller signed a note for the balance. The interest rate on the loan is 8%. This loan requires monthly payments of S10,000. Useful life for the building is 40 years. Oct. 2 -Equipment purchased on this date for S500,000. Golden decided to adopt a useful life of 10 years for this particular machine and elected to sign a 10% interest bearing note for S400,000 and paid cash for the balance. Payment on the note will be yearly and the first payment is due october 2, 3. Oct 3. Entered into a fire and casualty liability insurance contract. This was a three-year contract and the amount paid was S18,000 for the full coverage period. The effective date of the coverage is october 1, 2017. 4. oct. 10-Purchased S80,000 of merchandise. Golden paid S5,000 at the time of this purchase and the rest was to be paid in 30 days. 5. oct. 15-Golden State Inc. issued 400,000 shares of common stock for S15 per share. All cash was received from the investment banker on this date. 6. oct. 20 Purchased $60,000 of inventory and cash was paid in full at the time of acquisition. 7. oct. 27-sales to a customer amounted to S400,000. Received s100,000 in cash on this date