I need to know the calculation process of 2, 3a, 3b, 3c, 4.

1. Prepare journal entries on the books of Neveranerror Inc. to record the transactions entered into during the month. Ignore depreciation expense and interest expense. Indicate the effect on financial statement items by selecting "-" for decrease or negative effect),"+" for increase (or positive effect) and "NE" for No Entry (or no effect) on the financial statement. June 2: Received contributions of $11,600 from each of the three owners of the business in exchange for shares of stock. Journal Balance Sheet Income Stockholders' Date Description Debit Credit Assets Liabilities Equity Revenues June 2 Cash 34,800 + NE NE NE Capital stock 34,800 NE NE NE June 5: Purchased a computer system for $12,350. The agreement with the vendor requires a down payment of $3,000 with the balance due in 60 days. Journal Balance Sheet Stockholders' Date Debit Credit Assets = Equity Description Computer Cash Liabilities NE June 5 12,350 NE 3,000 NE NE Accounts payable 9,350 NE + NE June 8: Signed a two-year promissory note at the bank and received cash of $18,500. Journal Date Description Debit Credit June 8 Cash 18,500 Notes payable 18,500 June 15: Billed $14,040 to clients for the first half of June. Clients are billed twice a month for services performed during the month, and the bills are payable within ten days. Journal Balance Sheet Stockholders' Date Description Debit Credit Assets Liabilities + Equity Revenue June 15 Accounts receivable 14,040 + NE NE NE Service revenue 14,040 NE NE + + Feedback June 17: Paid a $860 bill from the local newspaper for advertising for the month of June. Journal Date Description Debit Credit Asset June 17 Advertising expense 860 NE Cash 860 odbol June 23: Received the amounts billed to clients for services performed during the first half of the month. Journal Date Description Debit Credit Assets June 23 Cash 14,040 Accounts receivable 14,040 June 28: Received and paid gas, electric, and water bills. The total amount is $2,740. Journal Date Debit Credit Description Utilities expense June 28 2,740 Cash 2,740 June 29: Received the landlord's bill for $2,080 for rent on the office space that Neveranerror leases. The bill is payable by the 10th of the following month. Journal Balance Sheet Stockholders' Date Description Debit Credit Assets Liabilities Equity June 29 Rent expense 2,080 NE NE Rent payable 2,080 NE + NE roodba June 30: Paid salaries and wages for June. The total amount is $5,480. Journal Date Debit Credit Description Salaries and wages expense June 30 5,480 Cash 5,480 June 30: Billed $19,320 to clients for the second half of June. Journal Date Debit Credit Description Accounts receivable June 30 19,320 Service revenue 19,320 Feedback June 30: Declared and paid dividends in the amount of $5,970. Journal Date Credit Asse Description Dividends Debit 5,970 June 30 NE Cash 5,970 2. Prepare a trial balance at June 30. If an amount box does not require an entry, leave it blank. Neveranerror Inc. Trial Balance June 30 Debits Credits Cash 36,270 $ Accounts receivable 19,320 Computer 12,350 Accounts payable 9,350 18,500 Notes payable Rent payable Capital stock 2,080 34,800 Service revenue Advertising expense Utilities expense Rent expense Dubblad Salaries and wages expense Dividends Totals 3a. Prepare the income statement for the month of June. Neveranerror Inc. Income Statement For the Month of June Service revenue Expenses: 3b. Prepare the statement of retained earnings for the month of June. If an amount is zero, enter "0". Neveranerror Inc. Statement of Retained Earnings For the Month of June 3c. Prepare the classified balance sheet at June 30. Neveranerror Inc. Balance Sheet June 30 Assets Current assets: Cash Accounts receivable $ Total current assets Property, plant, and equipment: Total assets Liabilities and Stockholders' Equity Current liabilities: $ $ Long-term debt: Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 4. Which of the following would indicate a good financial health of the company? Net profit ratio of 5% and industry average is 10%. Current ratio is 1.6 and the industry average is 1.4. The solvency ratio is 1.2 and the industry average is 1.7. The interest coverage ratio is