I need help with the questions posted in the picture below.

For the required Journal Entry the options are...

• No journal entry required
• Accounts payable
• Accounts receivable
• Accumulated depreciation
• Allowance for doubtful accounts
• Cash
• Common stock
• Cost of goods sold
• Depreciation expense
• Discount on notes payable
• Dividends
• Employee income tax payable
• Employee medical insurance expense
• Employee medical insurance payable
• Employee pension expense
• Employee pension payable
• Employee savings plan
• Equipment
• Federal unemployment tax payable
• FICA tax payable - Medicare
• FICA tax payable - Social security
• Interest expense
• Interest payable
• Interest receivable
• Interest revenue
• Land
• Merchandise inventory
• Notes payable
• Notes receivable
• Operating expense
• Payroll tax expense
• Premium on notes payable
• Prepaid rent
• Retained earnings
• Salaries expense
• Salaries payable
• Sales revenue
• Sales tax payable
• State income tax payable
• State unemployment tax payable
• Supplies
• Uncollectible accounts expense
• Unearned revenue
• Vacation pay expense
• Vacation pay payable
• Warranties payable
• Warranty expense

3 Required information [The following information applies to the questions displayed below.] Part 2 of 4 10 points The following transactions apply to Ozark Sales for Year 1: 1. The business was started when the company received $50,000 from the issue of common stock. 2. Purchased merchandise inventory of $380,000 on account. 3. Sold merchandise for $510,000 cash (not including sales tax). Sales tax of 8 percent collected when the merchandise is sold. The merchandise had a cost of $330,000. 4. Provided a six-month warranty on the merchandise sold. Based on industry estimates, the warranty claims would amount to 2 percent of sales. 5. Paid the sales tax to the state agency on $400,000 of the sales. 6. On September 1, Year 1, borrowed $50,000 from the local bank. The note had a 4 percent interest rate and matured on March 1, Year 2. 7. Paid $6,200 for warranty repairs during the year. 8. Paid operating expenses of $78,000 for the year. 9. Paid $250,000 of accounts payable. 10. Recorded accrued interest on the note issued in transaction no. 6. eBook Print References b1. Prepare the journal entries for the preceding transactions. b2. Post the transaction to the appropriate T-accounts. Req B1 Req B2 Prepare the journal entries for the preceding transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet A B C D E F G . > The business was started when the company received $50,000 from the issue of common stock. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Event 01 Record entry Clear entry View general journal Req B1 Req B2 Post the transaction to the appropriate T-accounts. (Round your answers to the nearest dollar amount.) Cash Merchandise Inventory Beginning Balance Beginning Balance Ending Balance Ending Balance Accounts Payable Sales Tax Payable Beginning Balance Beginning Balance Ending Balance Ending Balance Warranties Payable Interest Payable Beginning Balance Beginning Balance Ending Balance Ending Balance Notes Payable Common Stock Beginning Balance Beginning Balance Ending Balance Ending Balance Sales Revenue Cost of Goods Sold Beginning Balance Beginning Balance Ending Balance Ending Balance Operating expense Warranty Expense Beginning Balance Beginning Balance Ending Balance Ending Balance Interest Expense Beginning Balance