Hello, I am having a really hard time completing this assignment. Can anyone help with these journal entries? This is due in 5 hours!

Zacks Bike Hut Level II 1st Web-Based Edition Transactions For June 17-23 Page 1 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010 TRANSACTIONS FOR JUNE 3-9 Student Analysis June 17 Upon receiving a late notice from Bingham Supply, issued check number 02618 or $516.50 to Bingham Supply as payment in full of the invoice number B8455 of May 8. ****************************************************** June 18 On April 19 of this year, Zacks Bike Hut borrowed $6,000.00 cash by issuing a 60-day, 12%, note payable. The proceeds from the note were received and deposited in the Cash account. This note is due today and is paid in full (face value plus accrued interest) with check number 02619 . Use a 360-day year when computing interest. At the invoice prompt enterNTPAY for note payable. ****************************************************** June 18 Received a check for $749.00 from a local bike club (Mountaineers Bike Club) for group lessons to be organized and presented for the club members over the first three weekends of July. Sales tax of $49.00 is charged on the $700.00 of lesson fees. The sales invoice number is Z1609. ****************************************************** June 19 Purchased bicycles from Jurassic Bikes (22600). Credit terms offered by Jurassic are net 10 and the merchandise is shipped FOB Factory (purchase invoice numberJ9888 ). A separate billing for freight charges will be received later from the freight company delivering the merchandise. Merchandise listed on the purchase invoice: Stock Number A0008 B1010 A0016 Item ZIPP 900 T-5 FRAME SPEEDSTER R1 Quantity 4 2 3 Net Cost Per Unit $2,085.00 $1,000.00 $300.00 Page 2 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010 TRANSACTIONS FOR JUNE 17-23 Student Analysis June 21 Sold accessory items to a local bike club. The sales invoice number for this transaction is Z1610 , merchandise sold totals $480.00, and sales tax is $33.60. The payment is made with a certified check. Merchandise listed on the sales invoice: Stock Number B1300 C2300 Item PROTECTION COMBO CUSTOM HELMET Quantity 4 Net Cost Per Unit $50.00 4 $30.00 ****************************************************** June 21 Received invoice N4201 from Noreen's Freight Lines for$277.00 in delivery charges on the Jurassic Bikes inventory purchase of June 19. Credit terms extended by Noreen's Freight Lines are net 15. ****************************************************** June 21 Received a certified check for $565.00 from customer Sally Bridges as payment in full on her account that was written off as uncollectible on June 10. Two journal entries are required. First, reinstate the account entering REINS for reinstate at the invoice prompt. Then record the receipt of the certified check as payment of invoice Z1449 . ****************************************************** June 21 Issued check 02620 and purchased additional store equipment for better display and security of merchandise. The equipment lists for $3,200.00, with a trade discount of 40%and sales tax on the net The invoice number for this purchase is23111 . amount. Page 3 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010 TRANSACTIONS FOR JUNE 17-23 Student Analysis June 21 Returned one(1) B1010 T-5 Frame (net cost $1,000.00) to Jurassic Bikes. The bike was severely damaged upon delivery. The invoice number is J9888.The debit memorandum number isDM014. ****************************************************** June 22 Wrote check 02621 to the cash customer of June 21 who returned one Custom Helmet ( C2300) for a cash refund. The helmet had a flaw in the chin strap. The invoice number Z1610 is . The credit memorandum number is CM012.Be sure to include the sales tax on the return. The selling price of the helmet was $45.00, which included the mark up on cost of 150%. ****************************************************** June23 Received notice from the bank that the $749.00 check received from the Mountaineers Bike Club ( 10440 ) on June 18 had not cleared due to lack of funds. The check is charged back to Accounts Receivable and the club's account. At the check number prompt enter NSFCK for non-sufficient funds check, and at the invoice prompt enter Z1609 as the original invoice number. ****************************************************** June 23 Issued check number 02622 for $3,264.01 to the State Board of Equalization for the sales taxes collected to theclose of the business on June .20 At the invoice prompt enter SLTAX. ****************************************************** This concludes the transactions for the period of June 17-23. Page 4 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010 When all of the transactions for the week have been entered, move the pointer to and select General Ledger. The June 23 Trial Balance will appear Journals/Ledgers/Statements on the screen. Carefully compare your totals to those in the \"Check It Out\" block below. \"CHECK IT OUT\" 101 Cash $33,826.04 105 Accounts Receivable 6,539.00 106 Allowance for Doubtful Accounts 821.30 127 Store and Shop Supplies 1,390.75 131 Store Equipment 45,250.40 201 Accounts Payable 12,947.50 205 Sales Taxes Payable 30.45 221 Unearned Lesson Fees 6,225.00 401 Sales 150,267.50 501 Cost of Goods Sold 86,767.00 608 Tools Expense 33.00 813 Interest Expense 321.00 TRIAL BALANCE TOTAL $360.409.18 When your Trial Balance totals match the check figures, move the pointer to Journals/Ledgers/Statements, select Subsidiary Ledgers , and then Inventory . The total value of the perpetual inventory at the close of business is $36,427.00 . This total should also match the Merchandise Inventory account balance on the June 23 Trial Balance. If all of your totals match the check figures, and you have printed all documents by your instructor, you are ready to begin the data entry for Module 4, which inc transactions for June 24-30. See \"BACKUP YOUR DATA FILES\" at the end manual. If any of your account balances DO NOT MATCH THE CHECK FIGURES in the \"Che It Out\" box, you must correct the unmatched balances before continuing to Mod most efficient method of locating the error/s is to a print copy of the Trial Balan copy of the General Journal. For accuracy, efficiency, and a clear audit trail, use ONLY the correction system designed for the Zacks Bike Hut accounting system. Read ERROR CORRECTION PROCEDURES at the end of Module. 1 Page 5 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010 PRINTED DOCUMENTS--A REMINDER Although no printed documents are required at the end of this Module, if you wish any printed documents for June 23, they must be printed now before entries for the fourth accoun Additional entries will change the account balances. Your period of June 24-30 are recorded. instructor may ask for a printed Trial Balance or specific documents. BACKUP YOUR DATA FILES Go to Administration on the Menu Bar, scroll down Files: Reset and Backup, and Backup Data Files. You now have a copy of all of your work to the end of Modul file will allow you to return to the end of Module 3, even after entering transact Module 3. CONTINUING TO MODULE 4 If you have printed all the required documents, you are ready to begin the data Module 4, which includes the transactions for June 24-30. To begin, you must fi copy of the Module 4 Transactions for June 24-30. Move the pointer to Menu Bar and select Download Student Manual. Select Module 4: Transactions 24-30, and print a copy. EXITING THE SYSTEM If you have completed your work for this session, move the pointer to A scroll down to Return to Home Page and click on Home Page. You can exit the p any point and return to that point at a later time. Page 6 Zacks Bike Hut, Level II - Module 3 1st Web-Based Edition, Copyright 2010, PKL Software, Incorporated. All rights reserved. Last Revised: April 1, 2010