can someone please answer and help me with this!

One Trick Pony OTP incorporend began operations now the end of the wat resulting in the following post-cong balances at December 518.620 Accounts Receive 9550 Allowance for Doubt Account 900 Inventory 2,800 Unand Rover 30 4350 Accounts Payable 100 Notes Payable song term spoo Common Stock 5.000 Retained Caming credit blanc The folowing information is relevant to the first month of operation the Following year OTP w serventory$145 per un OTPs Jauny 1 ry . balance costs of 35 al cost of $2.000 OTP's policy the PFO method, recorded using a perpetuitary system In December, OTP received $4350 payment for 30 unibe . delivered is just lition was recorded in Uncomode Rent of $1300 was unpaid and recorded in Accounts Payable December 31 OTP note payable matures in three years and contesto . January Transactions Included in OTPs January 1 Accounts Receivablance is $1500 balance due tom Jeff Letras Jeff is having to problems and Carot pay $500 balance this time on VOL OTP aanges Jeff to convert the $1.500 balance to me Interest of the promissory, which indicate principal and Intereste due and payable to OTP on July of this 2. OTP id 5500 imrance mum on 0102 the north Januarye payment is recorded directly as an expense 2. OTP purchased an additional 150 units of inventory tomor account on Vos at a total cost of $9.000 with 250 4. OTP pad a courer $300 cash OVOS for me day delivery of the The 30 with OTP customer paid for in anden December delivered to customer on OVOG. 6. On OVOZ OTP paid the amount necessary to see the balance owed supplier for the 105 purchase of inventory in 2 7 Sales of 40 units of inventory touring during the period of 700 or recorded on the sales tems are 20.30 8. Collected payments on om customers recorded on The discount was properly by customers on 55.800 of the consequently, OTP received less 35.000 2 OTP paid the first 2 weeks was to employees on The s $2.200 Wote of S1000 customers account balance on DVE OTP allowance method, not the direct we off method TL Paid $2.000 on 099 for December and see the bullets regarding me December portion. They portion soon charged directly top 12. OTP recovered $400 cash on 26 from the customer wat previously been written offen An urecorded $400 tbl for January arrived in 02/15 and will be paid then 14. Sales of 65 units of inter uring the period of OVO-2 2/10 10 recorded on 15 of the recorded on 2015 units med to OTP on The Invertory is not damaged and can be 16 on OVI OTP records the $2.200 employee say that owed but will be paid February 12 OTP theang method to estimate and for Accounts on Al of OTP accounts receive a single Category for which are become date ces of both an account prior to the entend round your conto the door) Acorveterest for January on the notable on Accrines for January on the one Require General General Trial Income Statem Balance Journal Ledger Balance State of Shet Analysis General Journal tab. Prepare all January journal entries and stingere forms 1-19. Raview the General Ledger and the adjusted Trial Blanca Tabs to see the effect of the transactions on the account balances of the net income or loss for the period. Unadjusted ONE TRICK PONY Income Statement For the Month Ended January 31 Net Sales Income from Operations Interest Revenue (Expense), net Trial Balance Statement of Retained 7 pints 8 03:18:02 n/30, are recorded on 01/28. 15. Of the sales recorded on 1/28, 15 units are returned to OTP on 01/30. The inventory is not damaged and can be resold. 16. On 01/31, OTP records the $2,200 employee salary that is owed but will be paid February 1 17. OTP uses the aging method to estimate and adjust for uncollectible accounts on 01/31. All of OTP's accounts receivable fall into a single aging category, for which 8% is estimated to be uncollectible. (Update the balances of both relevant accounts prior to determining the appropriate adjustment, and round your calculation to the nearest dollar.) 18. Accrue interest for January on the note payable on 01/31. 19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see 1. eBook Print References Requirement General General Statement of Income Journal Ledger Trial Balance Retained Balance Sheet And Statement Earnings Prepare the statement of retained earnings for the year ended December 31, 2015. You will need to deter accounts and balances to prepare the Statement of Retained Earnings. Unadjusted ONE TRICK PONY Statement of Retained Earnings For the Month Ended January 31 Balance, January 1, 2015 4,520 Balance, December 1, 2015 $ 4,520 and ned Earnings accounts in the Stockholders' Equity section. Unadjusted 2 Sints ONE TRICK PONY Balance Shoot At December 31 2 03:17:50 OO eBook Print eferences to determining the appropriate adjustment, and round your calculation to the nearest dollar) 18. Accrue interest for January on the note payable on 01/31. 19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see 1. Requirement General Journal General Ledger Trial Balance Income Statement Statement of Retained Earnings Balance Sheet Analysis Unadjusted For the month ended January 31, indicate the (@) gross profit percentage (rounded to one decimal place). (b) number of units in ending inventory, and (c) cost per unit of ending inventory (include dollars and cents) % Gross profit percentage Number of units in ending inventory Cost per unit of ending inventory Units per Unit I OTP had used the percentage of sales method (using 2% of Net Sales) rather than the aging method, what amounts would OTC's January financial statements have reported for (a) Bad Debt Expense, and (b) Accounts Receivable, net? Bad Debt Expense Accounts Receivable.net If OTP had used LIFO rather than FIFO, what amount would OTC have reported for Cost of Goods Sold on 01/10? Cost of Goods Sold Balance Sheet One Trick Pony OTP incorporend began operations now the end of the wat resulting in the following post-cong balances at December 518.620 Accounts Receive 9550 Allowance for Doubt Account 900 Inventory 2,800 Unand Rover 30 4350 Accounts Payable 100 Notes Payable song term spoo Common Stock 5.000 Retained Caming credit blanc The folowing information is relevant to the first month of operation the Following year OTP w serventory$145 per un OTPs Jauny 1 ry . balance costs of 35 al cost of $2.000 OTP's policy the PFO method, recorded using a perpetuitary system In December, OTP received $4350 payment for 30 unibe . delivered is just lition was recorded in Uncomode Rent of $1300 was unpaid and recorded in Accounts Payable December 31 OTP note payable matures in three years and contesto . January Transactions Included in OTPs January 1 Accounts Receivablance is $1500 balance due tom Jeff Letras Jeff is having to problems and Carot pay $500 balance this time on VOL OTP aanges Jeff to convert the $1.500 balance to me Interest of the promissory, which indicate principal and Intereste due and payable to OTP on July of this 2. OTP id 5500 imrance mum on 0102 the north Januarye payment is recorded directly as an expense 2. OTP purchased an additional 150 units of inventory tomor account on Vos at a total cost of $9.000 with 250 4. OTP pad a courer $300 cash OVOS for me day delivery of the The 30 with OTP customer paid for in anden December delivered to customer on OVOG. 6. On OVOZ OTP paid the amount necessary to see the balance owed supplier for the 105 purchase of inventory in 2 7 Sales of 40 units of inventory touring during the period of 700 or recorded on the sales tems are 20.30 8. Collected payments on om customers recorded on The discount was properly by customers on 55.800 of the consequently, OTP received less 35.000 2 OTP paid the first 2 weeks was to employees on The s $2.200 Wote of S1000 customers account balance on DVE OTP allowance method, not the direct we off method TL Paid $2.000 on 099 for December and see the bullets regarding me December portion. They portion soon charged directly top 12. OTP recovered $400 cash on 26 from the customer wat previously been written offen An urecorded $400 tbl for January arrived in 02/15 and will be paid then 14. Sales of 65 units of inter uring the period of OVO-2 2/10 10 recorded on 15 of the recorded on 2015 units med to OTP on The Invertory is not damaged and can be 16 on OVI OTP records the $2.200 employee say that owed but will be paid February 12 OTP theang method to estimate and for Accounts on Al of OTP accounts receive a single Category for which are become date ces of both an account prior to the entend round your conto the door) Acorveterest for January on the notable on Accrines for January on the one Require General General Trial Income Statem Balance Journal Ledger Balance State of Shet Analysis General Journal tab. Prepare all January journal entries and stingere forms 1-19. Raview the General Ledger and the adjusted Trial Blanca Tabs to see the effect of the transactions on the account balances of the net income or loss for the period. Unadjusted ONE TRICK PONY Income Statement For the Month Ended January 31 Net Sales Income from Operations Interest Revenue (Expense), net Trial Balance Statement of Retained 7 pints 8 03:18:02 n/30, are recorded on 01/28. 15. Of the sales recorded on 1/28, 15 units are returned to OTP on 01/30. The inventory is not damaged and can be resold. 16. On 01/31, OTP records the $2,200 employee salary that is owed but will be paid February 1 17. OTP uses the aging method to estimate and adjust for uncollectible accounts on 01/31. All of OTP's accounts receivable fall into a single aging category, for which 8% is estimated to be uncollectible. (Update the balances of both relevant accounts prior to determining the appropriate adjustment, and round your calculation to the nearest dollar.) 18. Accrue interest for January on the note payable on 01/31. 19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see 1. eBook Print References Requirement General General Statement of Income Journal Ledger Trial Balance Retained Balance Sheet And Statement Earnings Prepare the statement of retained earnings for the year ended December 31, 2015. You will need to deter accounts and balances to prepare the Statement of Retained Earnings. Unadjusted ONE TRICK PONY Statement of Retained Earnings For the Month Ended January 31 Balance, January 1, 2015 4,520 Balance, December 1, 2015 $ 4,520 and ned Earnings accounts in the Stockholders' Equity section. Unadjusted 2 Sints ONE TRICK PONY Balance Shoot At December 31 2 03:17:50 OO eBook Print eferences to determining the appropriate adjustment, and round your calculation to the nearest dollar) 18. Accrue interest for January on the note payable on 01/31. 19. Accrue interest for January on Jeff Letrotski's note on 01/31 (see 1. Requirement General Journal General Ledger Trial Balance Income Statement Statement of Retained Earnings Balance Sheet Analysis Unadjusted For the month ended January 31, indicate the (@) gross profit percentage (rounded to one decimal place). (b) number of units in ending inventory, and (c) cost per unit of ending inventory (include dollars and cents) % Gross profit percentage Number of units in ending inventory Cost per unit of ending inventory Units per Unit I OTP had used the percentage of sales method (using 2% of Net Sales) rather than the aging method, what amounts would OTC's January financial statements have reported for (a) Bad Debt Expense, and (b) Accounts Receivable, net? Bad Debt Expense Accounts Receivable.net If OTP had used LIFO rather than FIFO, what amount would OTC have reported for Cost of Goods Sold on 01/10? Cost of Goods Sold Balance Sheet