Please help! i have already answered part of part A but i would appreciate anything!

ACC 121 Project transactions Spring 2020 (Use the working papers provided by your instructor to work this project) Sun&Fun Company uses a perpetual inventory system and both an en payable subsidiary ledger Balances related to both the general ledger an subsidiary l ace for the company are indicated in the working a s a series of transactions for 56% of the same month of January. Credit sales terms are 210. 00. The cost of all merchandise merchandise sold was 56 price, accounts receivable and an accounts and the subsidiary ledger for the o n ctions for Sun&Fun Color Jan. 3 Sell merchandise on account to M Kesi S2 900, invoice no. 825, and to ce no. 825, and to C. Ryder $1,800, invoice no. 826. 5 Purchase merchandise from R Drifter 55.000 and N. Sova 52,200, terms Receive checks from V. Amold $4.000 and I. Tan $2.000 after discount period has lapa 8 Pay freight on merchandise purchased $235. T. Caper for balance Send checks to K. Xerxes for balance currently due less 2% cash discount, and to T. Cape currently due less 1% cash discount 9 Issue credit of $300 to C. Ryder for merchandise returned 10 Summary daily cash sales total $15,500 11 Sell merchandise on account to D. Gallagher $1.600 invoice no. 827, and to V. Amold $900, invoice no. 12 Pay rent of $1,000 for January 13 Receive payment in full from M. Knast and C. Ryder less cash discounts. 15 Withdrawal of $800 cash by J. Sandy for personal use. 15 Post all entries to the subsidiary ledgers. 16 Purchase merchandise from T. Caper $18,000, terms 1/10,n/30; K. Xerxes $14,200, terms 2/10, 1/30; and R. Drifter SI 500, terms n/30. 17 Pay S400 cash for office supplies 18 Return $450 of merchandise to K. Xerxes and receive credit. 20 Summary daily cash sales total $20,100. 21 Issue $15,000 note, maturing in 90 days, to M. Griffen in payment of balance due. 21 Receive payment in full from V. Amold less cash discount. 22 Sell merchandise on account to M. Knast $2,700, invoice no. 829, and to D. Gallagher $1,300, invoice no. 830. 22 Post all entries to the subsidiary ledgers. 23 Send checks to T. Caper and K. Xerxes in full payment less cash discounts. 25 Sell merchandise on account to L. Tan $3,500, invoice no. 831, and to C. Ryder 56,100, invoice no. 832. 27 Purchase merchandise from T. Caper $14,500, terms 1/10, 1/30; N. Sova $1,200, terms n/30; and R. Drifter $3,800, terns/30 (continued) Page 2 of 19 27 Post all entries to the subsidiary ledgers. 28 Pay $200 cash for office supplies. 31 Summary daily cash sales total 521,300 31 Pay salaries and wages of $8,100 INSTRUCTIONS: (1) Record the January transactions in a sales journal, a single-column purchases journal, a cash receipts journal, a cash payments journal, and a two-column general journal. (b) Post the journals to the general ledger. (e) Prepare a trial balance at January 31, 2020, in the trial balance columns of the worksheet. Complete the worksheet using the following additional information: 1) Office supplies at January 31 total $850. 2) Insurance coverage expires on October 31, 2020. 3) Annual depreciation on the equipment is $1,500. 4) Interest of $50 has accrued on the note payable. (d) Prepare a multiple-step income statement and an owner's equity statement for January and a classified balance sheet at the end of January. (e) Prepare and post adjusting and closing entries. (9) Prepare a post-closing trial balance and determine whether the subsidiary ledgers agree with the control accounts in the general ledger. ( Calculate the following ratios. Include the written formula in words in addition to your calculations and your final answers 1) Inventory Turnover 2) Days in Inventory 3) Gross Profit Rate 4 Working Capital ACC 121 Project transactions Spring 2020 (Use the working papers provided by your instructor to work this project) Sun&Fun Company uses a perpetual inventory system and both an en payable subsidiary ledger Balances related to both the general ledger an subsidiary l ace for the company are indicated in the working a s a series of transactions for 56% of the same month of January. Credit sales terms are 210. 00. The cost of all merchandise merchandise sold was 56 price, accounts receivable and an accounts and the subsidiary ledger for the o n ctions for Sun&Fun Color Jan. 3 Sell merchandise on account to M Kesi S2 900, invoice no. 825, and to ce no. 825, and to C. Ryder $1,800, invoice no. 826. 5 Purchase merchandise from R Drifter 55.000 and N. Sova 52,200, terms Receive checks from V. Amold $4.000 and I. Tan $2.000 after discount period has lapa 8 Pay freight on merchandise purchased $235. T. Caper for balance Send checks to K. Xerxes for balance currently due less 2% cash discount, and to T. Cape currently due less 1% cash discount 9 Issue credit of $300 to C. Ryder for merchandise returned 10 Summary daily cash sales total $15,500 11 Sell merchandise on account to D. Gallagher $1.600 invoice no. 827, and to V. Amold $900, invoice no. 12 Pay rent of $1,000 for January 13 Receive payment in full from M. Knast and C. Ryder less cash discounts. 15 Withdrawal of $800 cash by J. Sandy for personal use. 15 Post all entries to the subsidiary ledgers. 16 Purchase merchandise from T. Caper $18,000, terms 1/10,n/30; K. Xerxes $14,200, terms 2/10, 1/30; and R. Drifter SI 500, terms n/30. 17 Pay S400 cash for office supplies 18 Return $450 of merchandise to K. Xerxes and receive credit. 20 Summary daily cash sales total $20,100. 21 Issue $15,000 note, maturing in 90 days, to M. Griffen in payment of balance due. 21 Receive payment in full from V. Amold less cash discount. 22 Sell merchandise on account to M. Knast $2,700, invoice no. 829, and to D. Gallagher $1,300, invoice no. 830. 22 Post all entries to the subsidiary ledgers. 23 Send checks to T. Caper and K. Xerxes in full payment less cash discounts. 25 Sell merchandise on account to L. Tan $3,500, invoice no. 831, and to C. Ryder 56,100, invoice no. 832. 27 Purchase merchandise from T. Caper $14,500, terms 1/10, 1/30; N. Sova $1,200, terms n/30; and R. Drifter $3,800, terns/30 (continued) Page 2 of 19 27 Post all entries to the subsidiary ledgers. 28 Pay $200 cash for office supplies. 31 Summary daily cash sales total 521,300 31 Pay salaries and wages of $8,100 INSTRUCTIONS: (1) Record the January transactions in a sales journal, a single-column purchases journal, a cash receipts journal, a cash payments journal, and a two-column general journal. (b) Post the journals to the general ledger. (e) Prepare a trial balance at January 31, 2020, in the trial balance columns of the worksheet. Complete the worksheet using the following additional information: 1) Office supplies at January 31 total $850. 2) Insurance coverage expires on October 31, 2020. 3) Annual depreciation on the equipment is $1,500. 4) Interest of $50 has accrued on the note payable. (d) Prepare a multiple-step income statement and an owner's equity statement for January and a classified balance sheet at the end of January. (e) Prepare and post adjusting and closing entries. (9) Prepare a post-closing trial balance and determine whether the subsidiary ledgers agree with the control accounts in the general ledger. ( Calculate the following ratios. Include the written formula in words in addition to your calculations and your final answers 1) Inventory Turnover 2) Days in Inventory 3) Gross Profit Rate 4 Working Capital