help doing the journal a. and b.

The following items were selected from among the transactions completed by Shin Co. during the current year: Jan. 10 Purchased merchandise on account from Beckham Co., $402,000, terms n/30. Feb. 9 Issued a 30-day, 4% note for $402,000 to Beckham Co., on account. Mar. 11 Paid Beckham Co. the amount owed on the note of February 9. May 1 Borrowed $186,000 from Verity Bank, issuing a 45-day, 4% note. June 1 Purchased tools by issuing a $246,000,60-day note to Rassmuessen Co, which discounted the note at the rate of 5%. 15 Paid Verity Bank the interest due on the note of May 1 and renewed the loan by issuing a now 45-day; 6.5% note for $186,000. (Joumabize both the debit and credit to the notes payable account.) July 30 Paid Verity Bank the amount due on the note of June 15. 30. Paid Rassmuessen Co, the amount due on the note of June 1 . Dec. 1 Purchased office equipment trom Lambert Co. for $440,000, paying $120,000 and issuing a series of ten 8% notes for $32,000 each, coming due at 30 -day intervals. 15 Setled a product liabolity lawsuit with a customer for $319,500, payable in January, Shin acerued the loss in a litigation claims payable account. 31 Paid the amount due Lambert Co, on the first note in the series issued on December 1. Required: 1. Joumalire the transactions. Refer to the charf of accounts for the exact wording of the account tites. CNOW joumals do not use lines for. pounar esplanations. Every line on a joumal page is used for debit or credit entries. CNOW joumals will automatically indent a creofit entry when a crealt anount is entered. Assume a 360 -day year. Aound your answers to the nearest dollar. 2. Journalire the adfusting entry for each of the following aocrued expenses at the end of the current year freler to the chart of accounts for the evact wording of the account tites. CNOW poumals do not use ines for joumal explanafions. Every sine on a journal page is used for debit or: cedil entrims. CNOW journals will actomatically indent a credi entry when a credit amount is entered): a. Product warranty cost, 529,000 . b. Interest on the nine remaining notes owed to Lambert Co. Assume a a 360-day year: ASSETS REVENUE 110Cash 410 Sales 111 Accounts Rncelvable 610 Interest Revenue 112 Interest Receivable 113 Notes Recelvable EXPENSES 115. Merchandise Inventory 510 Cost of Merchandise Sold 116 Supplies 520 Salaries Expense 118 Prepaid tnsurance 524. Depreciation Expense-Bullding 120 Land 525 Delvery Expense 123 Bulding 526 Repairs Expense 124 Accumulated Depreciation-Buliding 529 Selling Expenses 125 Orice Equipment 531. Rent Expense. 126 - Accumulated Depreclation-OTice Equipment 532. Depreciasion Expense-Olfice Equlpment 127 Tocls 533 Depreciation Expense-Tools 128 Accumulated Depreciation-Tools 534 insurance Expense 535 Supplies Expense LABILITIES 536 Payroll Tax Expense 210 Aocounts Payable-Beclham Co. 537 Vacition Pay Expense 211 Accounts Payable-Lambert Co. 538 Pension Expense 212 Accounts Payable-Verity Bank 539 Cash Short and Over 213 interest Rayable 540 Product Warranty Expense 214 Notes Payable 541 Miscellaneous Expense 215 Salaries Payable 710 Inserest Expense 216 Social Security Tax Payable 720 Lifgation Loss 217 Medicare Tax Payable 218 Employoes Federal income Tax Payable 219: Employees State income Tax Payable 220 Group insurance Payable 221 Band Deductions Payable 224. Federal Unempioyment Tax Payable 225 State Unemployment Tax Payable 226 Vacation Pay Payable 227 Unfunded Pension Liability 228 Product Warranty Payable 229 Litigation Claims Payable the jounal. Round your answers to the nearest dollar, 2. dounatoe the aggisarg entry for each of the foloning accued evpesses at the end of ithe cursent pear (finfar to ithe enarf of accounbs for the 2. Journalize the asfusting antyy tor each of the following acoruod expenses at the end of the current yoar (flofer to the chart of accotints for the Axiat wording of the account hiles. CNOW joumals do not use lines for joumal explaruations. Every line on a fournal poge is used for debit or credit entries. CNOW joumals will aidomaticaly indent a credit entry when a credil amount is entered.). a. Product warranty opst. 528,000 . b. Interest on the nine ramaining notes cwod to Lanbert Co. Assume a 360 -diy year