I am really struggling with all of these

Problem 4-1 Fluff Inc., Year 2 - 20X2 (See page 81 for beginning balances) During the second year, you bought 15 Fluffs and sold 12, same prices as year 1, but you have arranged terms that allow you to pay 40% of the purchase price in cash and the rest in one year. You now sell Fluffs for 50% down and the rest will be paid for by the customer next year. You paid rent of $12,000. You hired a worker whom you paid $11,000 (a Miami graduate). Tax rate is the same (30% of taxable income). Paid 20x1 taxes. You will pay 20X2 taxes next year. You paid the interest to Mike on December 31. You paid office expenses of $10,000 and a dividend of $1,000. You also paid $6,000 for advertising in The Post. On February 1" you issued 50 shares of common stock for $12,000. You owe your employee $1,000 more in wages at the end of the year. So how did you do? Prepare Journal Entries, T-Accounts, Income Statement, Statement of Owners' Equity and Balance Sheet Problem 4-2 Bobcat Betty's Fudge Sandwich Business, Year 1 - 20X1. It was January 1, 20X1 and Bobcat Betty had $24,000 and decided she wanted to become rich. She decided to operate as a corporation so she filed the necessary papers with the State, put the money in the bank under the company name and issued 240 shares of common stock to herself. On January 1 she paid $2,000 to rent a cart for one year. During the year she bought 24,000 fudge sandwiches for $1.00 each. She paid $20,000 cash for the sandwiches and owed $4,000 at the end of the year. She sold 20,000 sandwiches at $2.00 each. In addition she paid salaries of $8,500 and parking fees of $900. At the end of the year, in addition to what she owed for sandwiches, she owed $500 in parking fees. To secure her parking spot, Bobcat Betty had put down a $500 security deposit at the beginning of the year. Bobcat Betty's kept some of her cash in an interest- bearing account and the bank paid her $200 in interest income during the year. Bobcat Betty issued an additional 60 shares of common stock on March 1" for $6,000. The tax rate is 40% and taxes are to be paid on March 15th of the following year. Record all transactions, post to T accounts and prepare financial statements. Problem 4-3 Joe has decided to start a new business called Joe's Junkers in January of 20X0. He started the company with $30,000 contribution and issued himself 300 shares of common stock in return. He also borrowed $50,000 from the bank, with $10,000 annual principal payments and 10% interest payments due at the end of each year. He then purchased a computer for $5,000. During the year he purchased 100 junk cars for $500 each and sold 80 cars for $1,000 each. The new company paid $6,000 on rent and $18,000 on wages. At the end of the year, the loan payment was paid (principal and interest). He owed employees $700 in wages at the end of the year. The tax rate is 30% and taxes will be paid in 20X1. Prepare journal entries, T-accounts and financial statements