Need Help Quick!!

PROBLEMS Problem 8-1 Listed below are some of the transactions of the Oates Co. May 1 May 10 May 20 June 19 July 20 Sold merchandise to Williams Co. $750, n/10 Received payment in full from Williams Co., $750. Accepted a $1,500, 30 day, 16% note from Rexl Co. for sale. Rexl Co. dishonored the note. Accepted a $3,000 60-day, 16% note from Samson Firm in extension of time on previous sale. Sold merchandise to ABC Co. $200, n/10. Received payment in full from Samson Firm for July 20, $3,000 sale. Wrote off the Rexl Co. dishonored note from May 20 sale. Aug. 2 Sept. 1 Nov. 3 Required: Assume the Oates Co. uses the allowance method to write off accounts. 1.) Prepare general journal entries for the transactions. Problem 8-2 The Cascot Firm has the following transactions: Jan. 10 Jan. 21 Feb. 2 Sold merchandise to Lovely Firm in the amount of $795. Accepted a 30 - day, 10% note. Accepted a $1250, 30-day, 10% note as a time extension on payment of a previous sale from the Phackson Firm. Received payment on a previously granted note. The payment was $718, which included $18 of interest. Received payment in full from the Jan. 10 h sale to the Lovely Firm. The Phackson Firm dishonored the Jan 21 note. Wrote off the Phackson note as uncollectible. Surprisingly received payment in full from the Phackson Firm. The payment equals the original maturity value of the note. Feb. 9 Feb. 20 Oct. 30 Dec. 1 Required: Assume the Cascot Firm uses the allowance method to write off accounts. 1.) Prepare the general journal entries to record the transactions. Problem 8-3 Shown below is some Notes Receivable financial data of the Smithson Financial Institute Due Date Interest Maturity Value Note $2500, 60-day, 12% $100, 10-day, 18% $955, 90-day, 10% $1800, 120-day, 12% $1350, 30-day, 16% $5000, 90-day, 10% Required: Prepare the necessary calculations to complete the chart. Problem 8 - 1 GENERAL JOURNAL Account Title FR Debit Problem 8-2 GENERAL JOURNAL Account Title Problem 8 - 3 Date Principal Rate Time Due Date Interest Maturity Value 15-Sep $2,500 12% 60 days 7-Apr $100 18% 10 days 5-Mar $955 10% 90 days 3-Jan $1,800 12% 120 days 5-NOY 16% $1,350 $5,000 30 days 90 days 4-Aug 10%