I am looking for answer to my three accounting questions in the attach files

PR 10-1B Liability transactions OBJ. 1, 5 The following items were selected from among the transactions completed by Aston Martin Inc. during the current year: Apr. 15. Borrowed $225,000 from Audi Company, issuing a 30-day, 9% note for that amount. May 1. Purchased equipment by issuing a $320,000, 180-day note to Spyder Manufacturing Co., which discounted the note at the rate of 10%. May 15. Paid Audi Company the interest due on the note of April 15 and renewed the loan by issuing a new 60-day, 11% note for $225,000. (Record both the debit and credit to the notes payable account.) July 14. Paid Audi Company the amount due on the note of May 15. Aug. 16. Purchased merchandise on account from Exige Co., $90,000, terms, n/30. Sept. 15. Issued a 45-day, 12% note for $90,000 to Exige Co., on account. Oct. 28. Paid Spyder Manufacturing Co. the amount due on the note of May 1. 30. Paid Exige Co. the amount owed on the note of September 15. Nov. 16. Purchased store equipment from Gallardo Co. for $450,000, paying $50,000 and issuing a series of twenty 9% notes for $20,000 each, coming due at 30-day intervals. Dec. 16. Paid the amount due Gallardo Co. on the first note in the series issued on November 16. 28. Settled a personal injury lawsuit with a customer for $87,500, to be paid in January. Aston Martin Inc. accrued the loss in a litigation claims payable account. Instructions 1. Journalize the transactions. PR 11-2B Stock transaction for corporate expansion Pulsar Optics produces medical lasers for use in hospitals. The accounts and their balances appear in the ledger of Pulsar Optics on April 30 of the current year as follows: Preferred 1% Stock, $120 par (300,000 shares authorized, 36,000 shares issued) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,320,000 Paid-In Capital in Excess of ParPreferred Stock. . . . . . . . . . . . . . . . . . . . . . . . 180,000 Common Stock, $15 par (2,000,000 shares authorized, 1,400,000 shares issued) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,000,000 Paid-In Capital in Excess of ParCommon Stock . . . . . . . . . . . . . . . . . . . . . . . . 3,500,000 Retained Earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78,000,000 At the annual stockholders' meeting on August 5, the board of directors presented a plan for modernizing and expanding plant operations at a cost of approximately $9,000,000. The plan provided (a) that the corporation borrow $1,500,000, (b) that 20,000 shares of the unissued preferred stock be issued through an underwriter, and (c) that a building, valued at $4,150,000, and the land on which it is located, valued at $800,000, be acquired in accordance with preliminary negotiations by the issuance of 300,000 shares of common stock. The plan was approved by the stockholders and accomplished by the following transactions: Oct. 9. Borrowed $1,200,000 from St. Peter City Bank, giving a 4% mortgage note. Oct. 17. Issued 17,000 shares of preferred stock, receiving $126 per share in cash. Oct. 28. Issued 285,000 shares of common stock in exchange for land and a building, According to the plan. Instructions Journalize the entries to record the October transactions. The comparative balance sheet of Merrick Equipment Co. for December 31, 2014 and 2013, is as follows: DEC 31.2014 DEC 31.2013 Assats Cash Accounts receivable $70,720 207,230 $61,940 182,190 (net) Inventories Investments Land Equipment Accumulated 298,520 0 295,800 438,600 (99,110) 289,850 102,000 0 358,020 (84,320) depreciation equipment $1,211,760 Liabilities and Stockholders' Equity Accounts payable $205,700 (merchandise creditors) Accrued expenses 30,600 $909,680 $204,140 24,860 payable (operating expenses) Dividends payable Common stock, $1 par Paid-in capital: Excess 25,500 202,000 354,000 20,400 102,000 204,000 393,960 $1,211,760 354,280 $909,680 of issue price over par common stock Retained earnings Additional data obtained from an examination of the accounts in the ledger for 2014 are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for $91,800 cash. d. The common stock was issued for cash. e. There was a $141,680 credit to Retained Earnings for net income. f. There was a $102,000 debit to Retained Earnings for cash dividends declared. Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities JOURNAL 1 Date DESCRIPTION Apr-15 Cash POST. REF. DEBIT CRED T 2250 00 22500 0 Notes Payable 6% 30 days ( amount borrowed from Audi company on 6% 30 days Note) 2 May-01 Equipment 3200 00 Accounts Payable-Spyder Manufacturing Co. Accounts Payable-Spyder Manufacturing Co. 3 32000 0 3200 00 32000 0 Notes Payable 6% 180 days (Equipment Purchased by 6% 180 days Note) 4 May-15 Interest Expense 1125 Cash 1125 (Interst paid on Notes payable of April 15, 6% on 225000 for 30days) 5 May-15 Notes Payable 6% 30 days Notes Payable 8% 60 days 2250 00 22500 0 ( 6%,30 days not renewed from audi company) 6 Jul-14 Notes Payable 8% 60 days 2250 00 Interest Expense 3000 22800 0 Cash ( Amount due on note may 15 paid to audi company) 7 Aug-16 Merchandise Inventory 9000 0 Accounts Payable-Exige Co. 90000 (Purchased merchandise from Exige Co., terms, n/30.) 8 Sep-15 Accounts Payable-Exige Co. 9000 0 Notes Payable 6% 45 days 90000 (Issued a 45-day, 6% note for $90,000 to Exige Co.) 9 Oct-28 Notes Payable 6% 180 days 3200 00 Interst 8000 32800 0 Cash ( Amount due on note may 1, paid to Spyder company) ( Interst 5 month @6% on $320000) 10 Oct-28 Notes Payable 6% 45 days 9000 0 Interst 6795 Cash 96795 ( Amount due on note Sep 15, paid to Exige company) ( Interst 45 days @6% on $90000) 11 Nov-16 Store Equipment 4500 00 45000 0 Accounts Payable-Gallardo Co. 12 Nov-16 Accounts Payable-Gallardo Co. 4500 00 Cash 50000 Notes Payable 9% 30 days 40000 0 (Purchased store equipment from Gallardo Co. issuing a series of twenty 9% notes for $20,000 each, coming due at 30-day intervals). 13 Dec-16 Notes Payable 9% 30 days 2000 0 Interst 150 Cash 20150 ( Amount due on note nov 16, paid to Gallardo company) ( Interst 30 days @9% on $20000) 14 Dec-28 Litigation Loss Litigation Claims Payable 8750 0 87500 (Settled a personal injury lawsuit) Adjusting Entries 1 Product Warranty Expense 26800 268 0 Product Warranty Payable ( Warnty cost recognised) 2 Interest Expense Interest Payable ( interest on 19, 9% notes for the current year recognised for 15 days= 19 X 20000X 9% /360 days X 15 dyas) 1425 142