Please help me with part c and d!!

- 42.5 Question 4 of 5 Coronado Ranch & Farm is a distributor of ranch and farm equipment. Its products include small tools, power equipment for trench- diesing and fencing grain dryers, and bar winches. Most products are sold direct via its company Internet site. However, given some of its specialty products, select farm implement stores Carry Coronado's products. Pricing and cost information on three of Coronado's most popular products are as follows. Stand Alone Selling Price (Cost) $2,800 151.600) Item Mini-trencher Power fence hole auger Grain/hay dryer 960 (5640) 11.500 (58.800) Respond to the requirements related to the following independent revenue arrangements for Coronado Ranch & Farm. IFRS is a constraint On January 1, 2020, Coronado sells augers to Mills Farm & Fleet for $38,400. Mills signs a six-month note at an annual interest a rate of 12%. Coronado allows Mills to return any auger that it cannot use within 60 days and receive a full refund. Based on prior experience. Coronado estimates that 5% of units sold to customers like Mills will be returned (using the most likely outcome approach). Coronado's costs to recover the products will be immaterial, and the returned augers are expected to be resold at a profit. Prepare the journal entries for Coronado on January 1, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, Slect "No Entry" for the account titles and enter O for the amounts) Debit Credit Date Account Titles and Explanation 38400 January 1, 2020 Notes Receivable 1920 Refund Liability 36480 Sales Revenue (To record sale on account) January 1 2020 26880 Cost of Goods Sold Estimated Inventory Returns 1280 25600 Inventory (To record cost of goods sold) Question 4 of 5 -/42.5 On August 10, 2020. Coronado sells 15 mini-trenchers to a farm co-op in western Canada. Coronado provides a 4% volume discount on the mini-trenchers if the co-op has a 15% increase in purchases from Coronado compared with the prior year. Given the slowdown in the farm economy, sales to the co-op have been flat, and it is highly uncertain that the benchmark will be met Prepare the journal entries for Coronado on August 10, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit August 10. 2020 Cash 42000 Sales Revenue 42000 (To record cash sale) August 10, 2020 Cost of Goods Sold 24000 Inventory 24000 (To record cost of goods sold) eTextbook and Media Question Part Score --/5 Coronado sells three grain/hay dryers to a local farmer at a total contract price of $36,500. In addition to the dryers, Coronado provides installation, which has a stand-alone sales value of $625 per unit installed. The contract payment also includes a $1.125 maintenance plan for the dryers for three years after installation Coronado signs the contract on June 20, 2020, and receives a 20% down payment from the farmer. The dryers are delivered and installed on October 1, 2020, and full payment is made to Coronado Prepare the journal entries for Coronado in 2020 related to this arrangement as well as any adjusting journal entries at its December year end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Round answers to decimal places, es 5,275.) Account Titles and Explanation Debit Credit 3 Cash 7300 Question 4 of 5 - / 42.5 Coronado sells three grain hay dryers to a local farmer at a total contract price of $36.500 In addition to the dryers. Coronado provides installation, which has a stand-alone sales value of $625 per unit installed. The contract payment also includes a $1.125 maintenance plan for the dryers for three years after installation Coronado signs the contract on June 20.2020 and receives 20% down payment from the farmer. The dryers are delivered and installed on October 1, 2020, and full payment is made to Coronado Prepare the journal entries for Coronado in 2020 related to this arrangement as well as any adjusting journal entries at its December year end. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Round answers to O decimal places, eg. 5,275.) Account Titles and Explanation Debit Credit 720 Cash 7300 Unearned Revenue 7300 020 Cash 29200 Uneamed Revenue 7300 Service Revenue I Sales Revenue (To record sales and installation revenue) 2020 Cost of Goods Sold Inventory (To record cost of goods sold) 31.2020 Unearned Revenue Service Revenue e Textbook and Media to Dardcore 25 Question 4 of 5 -/425 On April 25, 2020. Coronado ships 100 augers to Farm Depot, a farm supply dealer in Alberta, on consignment. By June 30, 2020, Farm Depot has sold 50 of the consigned augers at the listed price of 5960 per unit Farm Depot notifes Coronado of the sales retains a 9% commission, and remits the cash due to Coronado Prepare the journal entries for Coronado and Farm Depot for the consignment arrangement. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) ate Account Titles and Explanation Debit Credit Entries for Coronado - the Consignor 25.2020 Inventory on Consignment Inventory 0.2020 Cash Commission Expense Revenue from Consignment Sales (To record revenue from consignment sales) 30.2020 Cost of Goods Sold Inventory on Consignment (To record cost of gods sold) Entries for Farm Depot - the Consignee 25 2020 No Entry No Entry 30, 2020 Cash Revenue from Consignment Sales Accounts Payable (To record revenue from consignment sales) Mad 30, 2020 Cash Revenue from Consignment Sales I Accounts Payable (To record revenue from consignment sales) 30,2020 Accounts Payable Cash (To record payment on account) e Textbook and Media