I need help with Comppro.03.01 part 3 and part 4.

2. COMPPRO.03.01.PART.2 Comprehensive Problem 3 Part 2: 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. b. Balance according to the ledger at December 31, $245,410. Checks outstanding at December 31, $68,540. d. Deposit in transit, not recorded by bank, $29,500. e. Bank debit memo for service charges, $750. f. A check for $12,700 in payment of an invoice was incorrectly recorded in the accounts as $12,000. Kornett Company Bank Reconciliation December 31, 2018 Osh STIE 68940 - 29500 39040 $ 2830DO 29500 LOE SI Denuet on 1270 - 12000 70 Adjusted balance $ 243960 $12.45,400 Deduct: TY The 283000 trasou $ nsb 17DD > 1450 Adjusted balance $ 243,960 3125 68 suo 243.960 3. COMPPRO.03.01.PART.3 Comprehensive Problem 3 Part 3: Note: You must complete 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. If an amount box does not require an entry, leave it blank. Description Debit Credit +45D 750 70 4. COMPPRO.03.01.PART.4 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 an amount box does not require an entry, leave it blank. If no entry is required, select "No Entry Required" from the dropdown and leave the amount boxes blank. (5) 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), Description DebitCredit b. The physical inventory on December 31 indicated an inventory shrinkage of $3,300. Description DebitCredit c. Prepaid insurance expired during the year, $22,820. Description DebitCredit d. Office supplies used during the year, $3,920. Description DebitCredit e. Depreciation is computed as follows: Residual Acquisition Useful Life Depreciation Asset Cost Value Date In Years Method Used Buildings $900,000 $0 January 2 50 Double-declining-balance Office Equip. 246,000 26,000 January 3 5 Straight-line Store Equip. 112,000 12,000 July 1 10 Straight-line Description DebitCredit 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 for eight years, Description Debit Credit g. 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. Description Debit Credit h. Vacation pay expense for December, $10,500. Description DebitCredit 1. A product warranty was granted beginning December 1 and covering a one-year period. The estimated cost is 4% of sales, which totaled $1,900,000 in December Description DebitCredit (8) j. Interest was accrued on the note receivable received on October 17. Assume 360 days per y Description DebitCredit