Please check this attachment and solve question. See the attachment for full detail.You are an accountant for Wrigley Inc., (a company that makes baseball equipment).

You are an accountant for Wrigley Inc., (a company that makes baseball equipment). The CEO, Joe Madden, has asked you to prepare the December bank reconciliation for the company's operating cash account (Account #100). The CEO provided you with the December 2015 bank statement. After you review the bank statement, you have noted a few items: The December 2015 end of month balance on the bank statement for cash Account #100 was $67,201. On 12/31, you noted that the bank charged Wrigley Inc. $25 for a monthly service fee and $30 for ordering another set of checks. The bank called on January 2nd, 2016 to let you know that they accidentally deposited a check on December 28th written to Antony Rizzoli (CFO) into the Wrigley account rather than Anothy Rizzoli's personal account. The deposit was for $1,580. They corrected the accounts on January 3rd, 2016. On 12/15, a customer's check (Schwarber's Inc) for $1,367 had non-sufficient funds. In addition to not depositing the money into operating cash account, the bank charged Wrigley Inc.'s account a $10.00 fee due to the customer's check bouncing. You obtain the company's unadjusted trial balance as of December 31, 2015. Per your review of the account balances, you identify that the company has a cash balance in Account #100 in the amount of $90,075. You also noted that Acct #101 (the payroll cash account) has a balance of $15,402. You identify that the company has written $15,200 in checks that have not cleared the bank as of the end of December. On December 31, 2015, the cashier for the company deposited $38,402 from customer checks into the operating cash account. This 12/31 deposit is not on the December bank statement. As you are reviewing the checks that cleared the bank, you identified that the insurance check that you wrote was correctly written for $1,460 on December 1st. After reviewing the insurance policy bill - you identified that the premium payment needed to be $1,460. However, you identified that the accounting clerk made the following entry on Dec. 1st (you do not need to investigate the adjusting entry for end of December in relation to the insurance expense): Prepaid Insurance 1,640 Cash 1,640 Instructions: Prepare the company's bank reconciliation for December 2015. Also, prepare the Dec. 31st journal entries to correct the ending cash balance. It is January 2nd, 2016 and you are in charge of estimating the company's bad debt expense for 2015. You need to make an entry as of 12/31 to properly expense the amount of estimated bad debt expense for the year. The company has a debit balance of $2,950 in the allowance for uncollectible accounts. You ask the Accounts Receivable Clerk to give you an aging of the AR account as of 12/31/2015 form the AR subledger. The company uses the balance sheet approach to estimate bad debt expense each year. Aging Category Balance 0-30 days $512,620 31-60 days 208,390 61-90 days 95,710 91-120 days 82,460 Over 120 days 38,140 Total Accounts Receivable $937,320 The controller has reviewed the activity in the AR account over the past year by aging category, and has made the following estimate of the percentage of the balance within each aging category that he believes is collectible. Aging Category Percentage Collectible 0-30 days 99.2% 31-60 days 85.5% 61-90 days 62.0% 91-120 days 41.0% Over 120 days 26.5% Instructions: Determine what journal entry the company should make to record bad debt expense for 2014. Show the Allowance T-Account. Humphrey Incorporated decided to sell half of their Accounts Receivable balance to Bass Industries in order to get cash to purchase a new newspaper facility. On March 1st, Humphrey Inc. sold $600,000 of their AR balance with recourse. Bass Industries is heavily involved in purchasing companies' account receivable balances. Bass's factoring transactions assess a 3% finance charge on the amount of receivables. They also retain 8% of the AR balance for possible future adjustments. You are in charge of preparing the journal entry to record the sale of the receivable to Bass Industries. The recourse liability in the transaction has a fair value of $13,500. Panem Corp. sells hunting equipment. Katniss, an accounting clerk, is in charge of the inventory accounting records.Katniss loves to analyze accounting methods and how they impact the company's net income. She wants to evaluate various cost flow inventory methods to determine the impact on the company's income statement. The following transactions occurred during October: Date Units Cost Per unit Selling Price per Unit Beginning inventory: Beg. 150 $8 Purchase 10/4 325 $9 Purchase 10/8 100 $9.50 Sale 10/15 250 (to be determined) $18.50 Purchase 10/20 175 $10 Sale 10/25 300 (to be determined) $18.50 Purchase 10/30 215 $10.50 Katniss wants to analyze the following cost flow assumptions: (I) FIFO periodic, (II) LIFO Perpetual, (III) Moving average. Help her to figure out the (a) ending inventory balance, (b) COGS and (c) gross profit for their inventory transactions during the month of October for each cost flow assumption