i need help on all of this, due december 5th 2022. thanks

They all go together... i cant just post only one at a time. You cant answer part 4 until 1, 2, and 3 are completed.

Comprehensive Problem 3 Part 1: Selected transactions completed by Kornett Company during its first fiscal year ended December 31 , 20Y5, were as follows: 1. Journalize the selected transactions. Assume 360 days per year. If no entry is required, select "No entry required" from the dropdown and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Aug. 24: Received $7,600 on the Finley account and wrote off the remainder owed on a $9,000 accounts recelvable balance. (The allowance method used in accounting for uncollectible receivables.) Sept. 15: Reinstated the Finley account written off on August 24 and recelved 51,400 cash in full payment. Nov. 30: Journalize the monthly payroll for November, based on the following data: rvov. su: journalize the employer's payroll taxes on the payroll. Dec. 31: The pension cost for the year was $190,400, of which $139,700 was paid to the pension plar The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete part 1 before completing part 2. Based on the following data, prepare a bank reconciliation for December of the current year: - Balance according to the bank statement at December 31,$283,000. - Baiance according to the ledger at December 31,$245,410. - Checks outstanding at December 31,$68,540. - Deposit in transit, not recorded by bank, $29,500. - Bank debit memo for service charges, $750. - A check for $12,700 in payment of an ithoice was incorrectly recorded in the accounts as $12,000. Kornett Company Bank Reconciliation December 31, 20Y5 Adjusted balance Total deductions Adjusted balance Part 3: Note: You must compiete parts 1 and 2 before completing part 3 of this comprehensive problem. Based on the bank reconciliation prepared in (2), journalize the entry or entries to be made by Kornett Company. Use the Miscellaneous Administrative Expense account to record bank service charges. If an amount box does not require an entry, leave it blank. Comprehensive Problem 3 Part 4: Note: You must complete parts 1,2 , and 3 before completing part 4 of this comprehensive problem. Based on the following selected data, journalize the adjusting entries as of December 31 of the current year. If no entry is required, select "No entry required" from the dropdown and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. a. Estimated uncollectible accounts at December 31,$16,000, based on an aging of accounts receivable. The balance of Allowance for Doubtful Accounts at December 31 was $2,000 (debit). b. The physical inventory on December 31 indicated an inventory shrinkage of $3,300. c. Prepaid insurance expired during the year, $22,820. c. Prepaid insurance expired during the year, $22,820. d. Office supplies used during the year, $3,920. e. Depreciation is computed as follows: f. A patent costing $48,000 when acquired on January 2 has a remaining legal life of 10 years and is expected to have value 9. The cost of mineral rights was $546,000, Of the estimated deposit of 910,000 tons of ore, 50,000 tons were mined and sold during the year. h. Vacation pay expense for December, $10,500. 1. A product warranty was granted beginniry, December 1 and covering a 1-year period. The estimated cost is 4% of sales, which totaied $1,900,000 in December. 1. Interest was accrued on the note receivable recelved on October 17(5100,000,90 day, 9% note ). Assume 360 days per year. j. Interest was accrued on the note receivable received on October 17 ( $100,000,90-day, 9% note ). Assume 360 days per year. Note: You must complete parts 1,2,3, and 4 of this comprehensive problem before completing part 5. Based on the following information and the post-closing trial balance that follows, prepare a balance sheet in report form at December 31 of the current year: The merchandise inventory is stated at cost by the LIFO method. The product warranty payable is a current liability. Vacation pay payable: Current liability $7,140 Long-term liability 3,360 - The unfunded pension liability is a long-term liability. Notes payable: Current llability $70,000 Long-term liability 630,000 Kornett Company Post-Closing Trial Balance Kornett Company Post-Closing Trial Balance December 31, 20 Y5 Accumulated Depreciation-Office Equipment 44,000 Store Equipment 112,000 Accumulated Depreciation-Store Equipment Mineral Rights 5,000 Accumulated Depletion 546,000 Patents 30,000 Social Security Tax Payable Medicare Tax Payable Employees Federal Income Tax Payable State Unemployment Tax Payable Federal Unemployment Tax Payable Salaries Payable Accounts Payable Interest Payable 42,000 Product Warranty Payable Vacation Pay Payable Unfunded Pension Liability Notes Payable Common Stock Retained Earnings 25,470 4,710 40,000 270 40 157,000 131,600 28,000 76,000 10,500 50,700 700,000 500,000 1,845,010 Common Stock \begin{tabular}{rr} & 500,000 \\ & 1,845,010 \\ \hline 3,700,300 & 3,700,300 \\ \hline \hline \end{tabular} Retained Earnings Kornett Company Balance Sheet December 31, 20 Y5 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Intangible assets: Total assets Llabilities Current liabilities: Total current liabilities Long-term liabilities: Total long-term liabilities Total llabilities Stockholders' Equity Accounting numeric field Total stockholders' equity Total liabilities and stockholders' equity