PART 3 ASAP pls

that is all of the info. i posted another one with everything on it

3-1 Purchase Inventory for $20,000 cash 3-2 Sales & Service Revenue Service Revenue $27,700 Sales Rev $31,600; COGS $15,800 3-3 Debt Repayment @1/1/yr3 1/4 of Original Note 3-4 Expenses Total Operating Exp. $30,000 Depreciation Exp. = equip. costx 1/5 Interest Expense = Note Pay yr. end balance x 8% 3-5 Dividend Payment Common Stock x 10% Income Ste 0 Service Revenue Sales Revenue Total Revenue Cost of Goods Sold Operating Expenses Depreciation Expense Interest Expense Total Expense Net Income 0 0 Statement of Stock 0 o 0 0 Balances Beginning Common Stock Plus: Common Stock Issued Ending Common Stock 3 Beginning Retained Earnings 3 + Net Income 0 - Dividends 1 Ending Retained Earnings -2 Total Stockholders Equity 23 24 25 Assets 26 Cash 27 Inventory 28 Equipment 29 Accumulated Depreciation 30 Total Assets 31 Liabilities 32 Notes Payable 33 Total Liabilities 34 Stockholders Equity 35 Common Stock 36 Retained Earnings 37 Total Stockholders Equity 38 Total Liabilities & SE 39 40 41 Net Cashflow from Operating 0 0 OO Statement of Cas Balance Sheet Assets Year! Trans Cash Income Statement Revenue Expense flow Cash Inventory Liabilities Stockholders Equity Retained Not Payable Common Stock Earning Accumulated Depreciation Equipment 0 O 0 0 0 0 o 0 3-2 1-2 3-2 3:3 3-4 3-4 3-5 Closing Total D 0 0 1-1 Start Up Funding Sign Note for $34,000 @ 8% Issue Stock for $38,000 1-2 Purchase Equipment @1/1 Purchase displays and tools for $18,000 cash; SL Depreciation 5 yr. useful life. $0 salvage value 1-3 Purchase Inventory for $20,000 cash 1-4 Service & Sales Revenue Service Revenue $21,000 Sales Rev $24,000; COGS $12,000 1-5 Expenses Total Operating Exp. $24,000 Depreciation Exp. = equip. cost x 1/5 Interest Expense = Note Pay: yr end balance x 8% 2-1 Purchase Inventory for $16,000 cash 2-2 Service & Sales Revenue Service Revenue $23,100 Sales Rev $26,400; COGS $13,200 2-3 Expenses Total Operating Exp. $25,000 Depreciation Exp = equip, costx 1/5 Interest Expense Note Pay yr. end balance x 8% 2-4 Dividend Payment Common Stock x 5% Assets Tear Trans Income Statement Revenue - Expense Cash flow Liabilities Stockholders Equity Retained Notes Payable Common Stock Earnings Cash Inventory Accumulated Depreciation Equipment 1-1 1-2 1-3 1-4 1-4 -1.5 1-5 1.5 Cosing Total 0 0 0 0 0 0 0 0 0 0 0 Year 2 wand 2.1 0 0 0 0 0 0 0 0 0 2-2 2-2 2-2 2-3 23 2-3 2-4 Closing Total 0 0 0 0 0 0 0 0 0 0 0