I have attached the following questions. It is for my Accounting 216 class...plz help.

• Tammy Shot is a realtor. She organized her business, called TS Realty, as a corporation on April 1, 2013. Tammy started the business by depositing $85,000 in cash into the business bank account and issued herself common stock. Consider the following facts as of April 30, 2013:
  • Tammy acquired business furniture for $21,000 on April 21. Of this amount, the business owes $11,000 on accounts payable at April 10.
  • Tammy had $16,000 in her personal bank account and $21,000 in the business bank account.
  • Tammy owes $1,000 on a personal charge account with Kohls.
  • Office supplies on hand at the real estate office of $11,000.
  • TS Realty owes $16,000 on a note payable for some land acquired for a total price of $110,000.
  • Tammy owes $120,000 on a personal mortgage on her personal residence, which she acquired in 2006 for a total price of $120,000.

Required:

• Prepare the balance sheet of TS Realty as of April 30, 2013.
• Does it appear that the business can pay its debts? How can you tell?
• Identify the personal items given in the preceding facts that should not be reported on the balance sheet of the business.
• During the first month of operations (March 2013), Jiffy Enterprises completed the following selected transactions:
  • The business received $19,000 in cash and a building valued at $59,000. The corporation issued stock to the contributors of these.
  • Borrowed $16,800 from the bank and signed a note payable to them
  • Paid $19,000 for equipment
  • Purchased supplies on account for $900
  • Paid employees salaries of $9,100
  • Performed services for customer on account, $9,800
  • Paid $150 of the accounts payable in transaction d above
  • Received a $750 bill for advertising expense that will be paid in the near future
  • Received cash on account, $1,600
  • Paid rent of $1,600

Required:

• Prepare the journal entries for the above transactions.
• Prepare the trial balance sheet of Jerry Enterprises as of March 31, 2013.
• During 2013, Jimmy Enterprises completed the following transactions:
  • Sales revenue on account, $620,000.
  • Collections on account, $365,000
  • Write-offs of uncollectibles, $15,000
  • Uncollectible account expense, 4% of sales revenue

Required:

• Start with an accounts receivable balance of $435,000 and post the above entries to the Accounts Receivable T-Account.

• Suppose Robotics, Inc.s inventory records for a particular item indicated the following transactions in September:

September 1	Beginning Inventory	10 units @ $29
September 9	Purchase	18 units @ $32
September 23	Purchase	9 units @ $30
September 28	Purchase	6 units @ 31

Required: The company sold 24 units on September 30. Compute the ending inventory and cost of goods sold using each of the following methods:

• LIFO
• FIFO
• Average Cost

1. Tammy Shot is a realtor. She organized her business, called TS Realty, as a corporation on April 1, 2013. Tammy started the business by depositing $85,000 in cash into the business bank account and issued herself common stock. Consider the following facts as of April 30, 2013: a. Tammy acquired business furniture for $21,000 on April 21. Of this amount, the business owes $11,000 on accounts payable at April 10. b. Tammy had $16,000 in her personal bank account and $21,000 in the business bank account. c. Tammy owes $1,000 on a personal charge account with Kohl's. d. Office supplies on hand at the real estate office of $11,000. e. TS Realty owes $16,000 on a note payable for some land acquired for a total price of $110,000. f. Tammy owes $120,000 on a personal mortgage on her personal residence, which she acquired in 2006 for a total price of $120,000. Required: 1. Prepare the balance sheet of TS Realty as of April 30, 2013. 2. Does it appear that the business can pay its debts? How can you tell? 3. Identify the personal items given in the preceding facts that should not be reported on the balance sheet of the business. 2. During the first month of operations (March 2013), Jiffy Enterprises completed the following selected transactions: a. The business received $19,000 in cash and a building valued at $59,000. The corporation issued stock to the contributors of these. b. Borrowed $16,800 from the bank and signed a note payable to them c. Paid $19,000 for equipment d. Purchased supplies on account for $900 e. Paid employees' salaries of $9,100 f. Performed services for customer on account, $9,800 g. Paid $150 of the accounts payable in transaction d above h. Received a $750 bill for advertising expense that will be paid in the near future i. Received cash on account, $1,600 j. Paid rent of $1,600 Required: 1. Prepare the journal entries for the above transactions. 2. Prepare the trial balance sheet of Jerry Enterprises as of March 31, 2013. 3. During 2013, Jimmy Enterprises completed the following transactions: a. Sales revenue on account, $620,000. b. Collections on account, $365,000 c. Write-offs of uncollectibles, $15,000 d. Uncollectible account expense, 4% of sales revenue Required: 3. Start with an accounts receivable balance of $435,000 and post the above entries to the Accounts Receivable T-Account. Suppose Robotics, Inc.'s inventory records for a particular item indicated the following transactions in September: September 1 September 9 September 23 September 28 Beginning Inventory Purchase Purchase Purchase 10 units @ $29 18 units @ $32 9 units @ $30 6 units @ 31 Required: The company sold 24 units on September 30. Compute the ending inventory and cost of goods sold using each of the following methods: 1. LIFO 2. FIFO 3. Average Cost