I am currently working on posting journal entries and I am looking for help with some of the entries.

1. March 1^st. Mr. Burns reclassed the current portion of long term notes payable. Reclass only the portion on the balance sheet as of January 1st, 2020.

2. March 6: Mr. Burns collected $30,000 of the 1/1/2020 balance of the note receivable from Mayor Quimby. The interest rate was 15% and the Note was written on July 1st, 2019

3. March 7: The Candy Store paid Mr. Burns what they owed him on account.

4. March 15: Mr. Burns paid income tax payable owed from last year.

5. April 1: Not liking being accountable to outside shareholders, Mr. Burns decided to buy back some treasury stock. Mr. Burns bought the $1.00 per value shares back (300,000 shares) at $.50 per share

6. June 1: Having its own cash flow crunch, The Grocery Store paid Mr. Burns $100,000 and issued a note for $300,000. Against their better judgment, they agreed to the terms of 14

7. June 21: The following expenses accrued and are to be paid in a later month: Pension Expense $60,000, Health Insurance Expense $50,000, and Professional Fees $10,000.

8. October 1: The Grocery Store paid the principle of the note and the interest.

9. October 15. Mr. Burns wrote off the amount sitting in allowance for doubtful account because Abe Simpson refused to pay for the cookies he bought in 2019. Mr. Burns used $50,000 of personal funds to hire a hit squad to go after Abe Simpson.