help making 2 differnt journals

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 new 45 -day, 6.5% note for $186,000. (Journalize 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 otfice equipment from Lambert Co. for $440,000, paying $120,000 and issuing a series of ten 8% notes for $32,000 each, coming due at 30 -dey intervals. 15. Settled a product liability lawsuit with a customer for $319,500, payable in January. Shin accrued 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. Journalize the transactions. Fefer to the chart of aocounts for the exact wording of the account bitles. CNOW joumals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW joumals will automatically indent a credir entry when a credit amount is entered. Assume a 360-day year. Round your answers to the nearest dollar. 2. Journalize the adjusting entry for each of the following accried experises at the end of the current year (reter to the chart of accounts for the exact wording of the account titles. CNOW journals do nor use lines for journal explanations. Every line an a joumal page is used for debit or credit entries. CNOW journals wilf automatically indent a credit ontry 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 360 -day year. ASSETS REVENUE 110. Cash 410 Sales 111 Accounts Recelvable 610 internat Revenue 112. Intarest Recelvable 113. Notes Recolvable EXPENSES 115. Merchandise Inventory 510 Cost of Merchandese Sold 116 Supplies 520 Salaries Expense 118 Prepaid insurance: 524 Depreciation Expense -idlding 120 Land 525 Deivery Expense 123 Building 5e6 Repairs Expense 12.4 Accumulated Depreciation-Bullding 529 Selling Expenses 125 Ollice Equipment 531 Rert Expense 126 Accurnulated Depreciation-Oftice Equipment 532 Depreciation Expense-OAlice Equipment 121 Tools 533 Depreciation Expense-Tools 128 Accumulated Depreciation-Tools 534 Insurance Expense 535 Supples Expense LABILITIES 536 Payrol Tax Expense: 210 Accounts Payable-Beckharn Co. 537 Vacation Pay Expense 211 Acoounts Payable-Lambert Co. 538 Persion Expente 212 Accounts Payable-Verity Bank. 539 Cash Short and Over 213 Interest Payable 540 Product Wartanty Expense 214 Noles Payable 541 Miscelaneous Expense 215 Salaries Payable 710 Intereat Expense 216. Social Security Tax Payable 720 Litigation Loss 217 Medicare Trx Payable 218. Empioyees Federal Income Tax Payable 219. Employees State income Tax Payable 220 Group insurance Rayable 221. Bond Deductions Payable 224. Federal Unemployment Tax Payable 225 State Unemployment Tax Payable 226 Vacation Pay Payable 227 Untunded Pension Liablity 228 Product Warranty Payable 229 Liligation Cloims Payable 2. Joursalze the aduseing enfry for each of the following acorued expenses at the end of the current year if inefer to the chart of accounts for the exact wording of the account atios. CNOW joumals do not use Unes for jouma/ explanations. Every line on a joumal page is used for debit or credit entries. CNOW joutnals will automatically indent a credit entry when a credi amount is entered.): i. Product warranty cost, 5ie. 000 . b. Interest on the the remaining notes owed to Lambert Ca. Assume a 360 -day year. Question not attempted. Fesotack Chock My Won. If you were the bontwer how much would you be leaving wath in proceeds? What does the liablity always have to be recorded ar? As the lender what have you earned by doing business with Shin Co.? As the lender what will you be receiving on the maturity date