Nafis Hossain is operating his own mobile phone repair business, Tobi Land Limited. The unadjusted trial balance for Tobi Land Limited at March 31, 2021 had the following normal balances. The company prepares quarterly financial statements. Account Titles . . . . . . . . . . $ Accounts Payable . . . . . . . . . . 3600 Accounts Receivable . . . . . . . . . . 5300 Cash . . . . . . . . . . 54000 Depreciation Expense - Equipment . . . . . . . . . . 300 Depreciation Expense - Machinery . . . . . . . . . . 120 Electricity Expense . . . . . . . . . . 480 Equipment . . . . . . . . . . 8500 Interest payable . . . . . . . . . . 1100 Interest Revenue . . . . . . . . . . 660 Machinery . . . . . . . . . . 5500 Nafis Hossain, Capital . . . . . . . . . . 19000 Notes Payable . . . . . . . . . . 42300 Prepaid Insurance . . . . . . . . . . 2700 Rent Expense . . . . . . . . . . 350 Service Revenue . . . . . . . . . . 3500 Supplies . . . . . . . . . . 300 Unearned Service Revenue . . . . . . . . . . 3700 Other Data: 1. A payment for Electricity Expense was recorded as $230 instead of $530. 2. A debit posting of $2800 to the Accounts Receivable account was made twice. 3. Tobi Land Limited has 8 salaried employees. Salaries are paid every Thursday for the current week. 4 employees receive a salary of $300 each per week, while the rest of the employees receive a salary of $600 each per week. Employees work five days a week (Sunday to Thursday) and they do not work on weekends (Friday and Saturday). Assume March 31 is a Monday. All the employees work through March 31st. 4. Tobi Land Limited has separate insurance policies on its equipment and its machinery. Policy ABC on the equipment, which was purchased on March 1, 2020 for $2600, has a term of one year. Policy XYZ on the machinery, which was purchased on March 1, 2021 for $3600, has a term of three years. 5. The annual interest rate on Notes Payable is 10 %. (The Notes Payable was issued on February 1, 2021)

Instructions: (a) Journalize the correcting entries for the 3-month period January 1, 2021March 31, 2021. (b) Journalize the adjusting entries for the 3-month period January 1, 2021March 31, 2021. (c) Journalize the closing entries for Interest Revenue, Electricity Expense and Salaries Expense for the 3-month period January 1, 2021March 31, 2021.

(A) BBS corporation had the following transactions during the current period. March 2 - Issued 5,000 shares of $6 par value common stock to attorneys in payment of a bill for $51000 for services performed in helping the company to incorporate. June 12 - Issued 53000 shares of $6 par value common stock for cash of $505000. July 11 Issued 1080 shares of $120 par value preferred stock for cash at $170 per share.

Instructions: Journalize the above transactions

(B) Zeal Inc. Incorporation completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Zeal Inc. showed Cash of $8,000 and Zeal Inc., Capital of $45,000. Zeal Inc. incorporation follows the perpetual inventory system. May 3: Sold merchandise for cash to Seliece Co., $5,400. The cost of the merchandise sold was $4,800. May 6: Purchased merchandise on account from Rendick Co., $8,000, terms FOB Destination, 5/10, n/30, The relevant company paid the freight charge of $100. May 7: Purchased Equipment on credit $45,000. The equipment will be used by the business. May 8: Received $500 credit for merchandise inventory returned to Rendick Co. May 12: Paid Rendick Co. in full. May 15: Made refunds to Seliece Co. for defective merchandise $400. The returned merchandise had a scrap value of $50 only.

Instructions: Journalize the above transactions

need to know the answer A and B asap.