need help preparing 1- unadjusted trial balance 2- adjusting entries 3- income statement

written out below are the transactions for May.

May 1: paid rent for nay $5,000

May 3: purchased merchandise on account from martin co terms 2/10, n/30 FOB shipping, $36,000

May 4: paid feight on purchase of May 3, $600

May 6 sold merchandise on account to korman Co terms 2/10 n/30 FOB shipping, $68,000 The cost of merchandise sold was 41,000

May 7: received 22,300 cash from halstad Co on account

May 10: sold merchandise for cash $54,000 The cost of the merchandise sold was 32,000

May 13: paid for merchandise purchased May 3

May 15: paid advertising expense for last half of May 11,000

May 16: received cash from sale of May 6

May 19: purchased merchandise for cash 18,700

May 19: paid 33,450 to buttons Co on account

May 20: paid korman Co a cash refund of 5,000 for damaged merchandise from sale May 6. Korman Co kept the merchandise

May 20: sole merchandise on account to crescent Co terms 1/10, n/30 FOB shipping 110,000 the cost of the merchandise sold was 70,000

May 21: for the convenience of crescent Co paid freight on sale of May 20 2,300

May 21: received 42,900 cash from gee Co on account

May 21: purchased merchandise on account from osterman Co terms 1/10, n/30, FOB destination, 88,000

May 24: returned damaged merchandise purchased on May 21 receiving a credit memo from the seller for 5,000

May 26: refunded cash on sales made for cash, 800. The defective merchandise was not returned

May 28: paid sales salaries of 56,000 and office salaries of 29,000

May 29: purchased store supplies for cash 2,400

May 30: sold merchandise pm account to turner Co terms 2/10 n/30 FOB shipping 78,750. The cost of the merchandise sold was 47,000

May 30: received cash from sale May 20 plus freight paid on May 21

May 31: paid for purchase of May 21 less return May 24

110 Cash 112 Accounts Receivable 115 Merchandise Inventory 117 Prepaid Insurance 118 Store Supplies 123 Store Equipment 124 Accumulated Depreciation-Store Equipment 210 Accounts Payable 211 Customer Refunds Payable 212 Salaries Payable 310 Lynn Tolley, Capital, June 1, 20 Y6 311 Lynn Tolley, Drawing 410 Sales 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 531 Rent Expense 532 Insurance Expense 539 Miscellaneous Administrative Expense \begin{tabular}{llr} 110 Cash & $83,600 \\ 112 Accounts Receivable & 233,900 \\ 115 & Merchandise Inventory & 652,400 \\ 117 Prepaid Insurance & 16,800 \\ 118 & Store Supplies & 11,400 \\ 123 & Store Equipment & 569,500 \\ 124 & Accumulated Depreciation-Store Equipment \\ 210 & Accounts Payable & 56,700 \\ 211 & Customer Refunds Payable & 96,600 \\ 212 & Salaries Payable & 50,000 \\ 310 & Lynn Tolley, Capital, June 1,20Y6 \\ 311 & Lynn Tolley, Drawing & 685,300 \\ 410 & Sales & 135,000 \\ 510 & Cost of Merchandise Sold & 5,069,000 \\ 520 & Sales Salaries Expense & 2,823,000 \end{tabular} 521 Advertising Expense 281,000 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 12,600 530 Office Salaries Expense 382,100 531 Rent Expense 83,700 532 Insurance Expense 539 Miscellaneous Administrative Expense 7,800 f. The adjustment for customer refunds and allowances is $60,000. 6. Journalize the adjusting entries. If an amount box does not require n entry, leave it blank. Post the adjusting entr you used in parts 1 and 2 . 110 Cash 112 Accounts Receivable 115 Merchandise Inventory 117 Prepaid Insurance 118 Store Supplies 123 Store Equipment 124 Accumulated Depreciation-Store Equipment 210 Accounts Payable 211 Customer Refunds Payable 212 Salaries Payable 310 Lynn Tolley, Capital, June 1, 20 Y6 311 Lynn Tolley, Drawing 410 Sales 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 531 Rent Expense 532 Insurance Expense 539 Miscellaneous Administrative Expense \begin{tabular}{llr} 110 Cash & $83,600 \\ 112 Accounts Receivable & 233,900 \\ 115 & Merchandise Inventory & 652,400 \\ 117 Prepaid Insurance & 16,800 \\ 118 & Store Supplies & 11,400 \\ 123 & Store Equipment & 569,500 \\ 124 & Accumulated Depreciation-Store Equipment \\ 210 & Accounts Payable & 56,700 \\ 211 & Customer Refunds Payable & 96,600 \\ 212 & Salaries Payable & 50,000 \\ 310 & Lynn Tolley, Capital, June 1,20Y6 \\ 311 & Lynn Tolley, Drawing & 685,300 \\ 410 & Sales & 135,000 \\ 510 & Cost of Merchandise Sold & 5,069,000 \\ 520 & Sales Salaries Expense & 2,823,000 \end{tabular} 521 Advertising Expense 281,000 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 12,600 530 Office Salaries Expense 382,100 531 Rent Expense 83,700 532 Insurance Expense 539 Miscellaneous Administrative Expense 7,800 f. The adjustment for customer refunds and allowances is $60,000. 6. Journalize the adjusting entries. If an amount box does not require n entry, leave it blank. Post the adjusting entr you used in parts 1 and 2