kindly find the second attachment and answer according to it the question is in 2 parts first and second part.

The Jewel Box purchases jewellery from around the world and sells to local retailers in Canada. Prepare general journal entries to record the following perpetual system merchandising transactions of The Jewel Box Use a separate account for each receivable and payable for example, record the pwchase on August 1 in dccounts Payable-Luw Company Aue Purchased necklaces from Luu Company for $4,000 under credit terms of 1/10,n/30, FOB destination 4 At Luu Company's request, paid $350 for freight charges on the August I purchase, reducing the amount owed to Luu 5 Sold rings to Green Ruby for $3,800 under credit terms of 2/10,n/60 FOB destination The merchandise had cost $2,470 8 Purchased bracelets from Jane Co. for $5,200 under credit terms of 1/10, 1/45, FOB shipping point. 9 Paid $325 shippine charges related to the August 5 sale to Green Ruby 10 Green Ruby returned the rings purchased from the August 5 sale that had cost $440 and been sold for $800. The merchandise was restored to inventory 12 After negotiations with Jane Co concerning problems with the merchandise purchased on August 8, received a credit memo from Jane granting a price reduction of $400 15 Received balance due from Green Ruby for the August 5 sale. 17 Purchased office equipment from WestCo on credit. $6,000 n/45 18 Paid the amount due Jane Co. for the August 8 purchase. 19 Sold earrings to Chic Jewellery for $1.500 under credit terms of 1/10,n/30, FOB shipping point. The merchandise had cost $990 22 Chic Jewellery requested a price reduction on the August 19 sale because the merchandise did not meet specifications Sent Chic Jewellery a credit memo for $300 to resolve the issue. 29 Received Chic Jewellery's payment of the amount due from the August 19 purchase 30 Paid Luu Company the amount due from the August purchase Taccounts Required 1. Set up each of the listed accounts. Note: 2. Prepare journal entries to record the transactions for June and post them to the accounts. 3. Use the following information to journalize and post the adjustments for the month: a. Two-thirds of one month's insurance coverage was consumed b. There were $1.600 of office supplies on hand at the end of the month c. Depreciation on the computer equipment was estimated to be $1,650 and $400 on the furniture. d. The assistant had earned $320 of unpaid and unrecorded salary e. The company had earned $3,500 of commissions that had not yet been billed 4. Prepare an income statement, a statement of changes in equity, and a classified balance sheet. 5. Prepare journal entries to close the temporary accounts and post them to the accounts 6. Prepare a post-closing trial balance