please see the attached document and provide solutions to the problems required. Steps one through seven. Thank you

WORKSHEET DISCOVERY PROBLEM The following transactions were recorded by Becky's Fashion Center during the current year: 1. Sales on account totaled $757,200. 2. Cash collected from customers totaled $760,000. 3. Sales allowances totaled $4,200. To determine the nature of sales allowances, ask yourself what account do sales allowances affect and what account is related to customers? 4. Merchandise purchased on account totaled $500,000. 5. Paid $530,000 to suppliers for merchandise originally purchased on account. 6. Cost of merchandise sold totaled $497,400. 7. Each of the following items were paid. With the exception of the Store Supplies account, each of these items represent expense accounts: Salaries $140,000 Store Supplies 4,500 Advertising 26,400 Utilities 14,000 Repairs 12,100 Delivery 16,700 Rent 24,000 8. Borrowed $51,000 by issuing a note payable. 9. Paid $35,000 for the purchase of store equipment. The following adjustments were made by Becky's Fashion Center during the current year: 10. Store supplies on hand on December 31 (year-end) of the current year totaled $3,500. 11. Depreciation is $9,000 on store equipment and $7,000 on delivery equipment. Note: Use one depreciation expense account and two accumulated depreciation accounts. 12. Interest accrued on the note payable at December 31 totaled $3,000. 13. Record the amount of income tax expense assuming the income tax rate is 30%. Required: Use the information shown on this page and found on the opening trial balance to complete the following steps in the accounting cycle. 1. Prepare journal entries (handwritten, Word or Excel) for the first 9 transactions above. 2. Post the transaction entries to the 11-column worksheet provided. 3. Prepare adjusting journal entries (handwritten, Word or Excel) for the 4 adjustments above. 4. Post the adjusting entries to the worksheet provided and create a 14-column worksheet. 5. Prepare the financial statements (income statement, statement of retained earnings, and balance sheet) derived from your worksheet (handwritten, Word, or Excel). Calculate the number of shares of common stock outstanding to calculate Earnings Per Share (EPS). 6. Prepare closing entries (handwritten, Word or Excel). 7. Prepare the post-closing trial balance (handwritten, Word, or Excel). Suggestion: Insert each of the 13 transaction numbers into the post reference columns (PR) found to the left of each debit and credit column to organize your work. Check Figures: Cash at December 31= $26,700; Net Income for the current year = $980