this is 40% of my grade and its due monday and i cant figure out how to solve it. please help?

Comprehensive Problem 2 - TK's Farm Shop

Directions on page 616 in textbook under the "Required".

Start with "Required" #2, skipping #1

as you are using working papers. Working Pages #WP575

- WP596.

Upload pictures of your completed Year-

End Spreadsheet, Income Statement, Statement of Owner's Equity, Balance Sheet and Post-Closing Trial Balance

During the second half of December 2021, TK's Farm

Shop engaged in the following

transactions:

Dec. 16 Received payment from Lucy Greene on

account, $1,760.

16 Sold merchandise on account to Kim Fields, $180,

plus sales tax of $9. Sale No. 640.

17 Returned merchandise to Evans Essentials for credit,

$170.

18 Issued Check No. 813 to Evans Essentials in payment

of December 1 balance of

$1,340, less the credit received on December 17.

19 Sold merchandise on account to Lucy Greene, $650,

plus tax of $36. Sale No. 641.

22 Received payment from John Dempsey on account,

$1.560.

23 Issued Check No. 814 for the purchase of supplies,

$180. (Debit Supplies)

24 Purchased merchandise on account from West

Wholesalers, $1,500. Invoice No. 465,

dated December 24, terms n/30.

26 Purchased merchandise on account from Nathen Co.,

$1.000. Invoice No. 817. dated

December 26, terms 2/10, n/30.

27 Issued Check No. 815 in payment of utilities expense

for the month of Dec. $830.

27 Sold merchandise on account to John Dempsey,

$2,500, plus tax of $120. Sale

No. 642.

29 Received payment from Martha Boyle on account,

$2.800.

29 Issued Check No. 816 in payment of wages (Wages

Expense) for the two-week

period ending December 28, $2,400

30 Issued Check No. 817 to Meyers Trophy Shop for a

cash purchase of merchandise,

$160.

At the end of the year, the following adjustments (a)-(i)

need to be made:

(a, b) Merchandise inventory as of December 31, $21,300.

(c, d, e) Ted estimates that customers will be granted

$350 in refunds of this year's sales next

year, and the merchandise expected to be returned will

have a cost of $275.

(f) Unused supplies on hand as of December 31, $615.

(g) Unexpired insurance on December 31, $1,150.

(h) Depreciation expense on the building for the year

$750.

(i) Depreciation expense on the store equipment for the

year, $375.

li) Wages earned but not yet paid as of December 31,

$875

Done