i already have section one and two done need help with section 3.

here are the detail answers of section 1 thank you. i need help with section 3

sorry i forgot to attach the image

i only have answers to section 1 . need help with section 2 & 3 . thank you so much.these are the answers to section 1

Section 3. Continuing from Section 1 and 2 above for Allright Corporation - 1. Prepare the Adjusted Trial Balance, in good form. 2. Prepare the Balance Sheet, in good form. Section 1. Analyse each transaction and prepare the appropriate journey 2. Using T-accounts you are not required to submit your account work prepare an Unadjusted Tillance in good form. The following transactions occurred during May 2020 for the right Corporation The company owns and cord wholesale warehouse May 1 22.500 hrs of Common Stock in exchange for $325.000 in cash May 1. Purchased equipment at a cost of $31.000. 312,000 cahas paid and alone tamnole payable terme de inmonths) to the seller was signed for the remaining balance wed. The count is expected to have yourself en herstelle of $6,000 at the end of the time May 2.Purchased intorno cost of $97.000. The comes the perpetua inventory system May 4, Credit Salesforce moted $150,000. The cost of the good old was 575,445 May 5. Paid 8.800 inrent on the warehouse building for the months of May and June 2020 May Pad 55,100 tree for Fire and ability insurance for any rere beginning May 1, 2020 May 7. Paid $75,000 for the merchandise purchased on Maya May & Collected 568.750 from customer on account May 10. Purchased 1200w for office May 25. Cash dividends of 1000 declared and gold Section 2 Analyze the following in and prepare the correcting entries for the right Corporation for the month ended May 1 1. Interest on the has not been Supplies inventory revealed that only Employee raries for the month of 2020 of 36.000 will be donne 2020 Section Continuing from Section and above for Allright Corporation 1. Prepare the Adjusted Trance, in good form 2. Prepare the Balance Sheet in good form Answer 1 of 1 Done INT . 100 513 . 100 Coperte AMB SI M ADOR Sun 2 588 Ae Natalie hart om Sam CALCIO D 10 9811 311 please post the remaining part of the question separate post, due to time constraints unable to answer entire part Section 1. Analyse each transaction and prepare the appropriate journey 2. Using T-accounts you are not required to submit your account work prepare an Unadjusted Tillance in good form. The following transactions occurred during May 2020 for the right Corporation The company owns and cord wholesale warehouse May 1 22.500 hrs of Common Stock in exchange for $325.000 in cash May 1. Purchased equipment at a cost of $31.000. 312,000 cahas paid and alone tamnole payable terme de inmonths) to the seller was signed for the remaining balance wed. The count is expected to have yourself en herstelle of $6,000 at the end of the time May 2.Purchased intorno cost of $97.000. The comes the perpetua inventory system May 4, Credit Salesforce moted $150,000. The cost of the good old was 575,445 May 5. Paid 8.800 inrent on the warehouse building for the months of May and June 2020 May Pad 55,100 tree for Fire and ability insurance for any rere beginning May 1, 2020 May 7. Paid $75,000 for the merchandise purchased on Maya May & Collected 568.750 from customer on account May 10. Purchased 1200w for office May 25. Cash dividends of 1000 declared and gold Section 2 Analyze the following in and prepare the correcting entries for the right Corporation for the month ended May 1 1. Interest on the has not been Supplies inventory revealed that only Employee raries for the month of 2020 of 36.000 will be donne 2020 Section Continuing from Section and above for Allright Corporation 1. Prepare the Adjusted Trance, in good form 2. Prepare the Balance Sheet in good form Step 3: Prepare unadjusted trial balance as follows: Credit B 1 Unadjusted Trial balance 2 List of accounts Debit 3 Cash =325000-12000-8800-5100-75000+68750-1200-1000 4 Account receivable -150000-68750 5 Inventory =97000-75445 6 Prepaid insurance 5100 7 Equipment 36000 8 Dividends 1000 9 Account payable 10 Notes payable 11 Common Stock 12 Sales revenue 13 Cost of goods sold 75445 14 Rent expense 8800 15 Office supplies 1200 16 Total -SUM(B3:B15) -97000-75000 24000 325000 150000 -SUM(C3:015) Resultant tablet A B C 1 Unadjusted Trial balance 2 List of accounts Debit Credit 3 Cash $ 2,90,650 4 Account receivable $ 81,250 5 Inventory $ 21,555 6 Prepaid insurance $ 5,100 7 Equipment $ 36,000 8 Dividends $ 1,000 9 Account payable $ 22,000 10 Notes payable $ 24,000 11 Common Stock $3,25,000 12 Sales revenue $ 1.50,000 13 Cost of goods sold $ 75,445 14 Rent expense $ 8,800 15 Office supplies $ 1,200 16 Total $ 5,21,000 $5,21,000 Answer 1 of 1 Done As per chegg policy, only section 1 will be solved. Step 1: Journals the recording of mation in colegade by using dulanty concept She: Prepare required journal as follow D Debit Credit $125.000 $3,25,000 5 36,000 $ 5 12.000 24,000 5 97.000 $ 1 Journals 2. Sr. No. Particulars May 01 Cash 4 Common Stock 5 To record is common stoc 6 7 May 01 Equipment 8 Cash 9 Notes payable 10 To record equipment purchase 11 12 Mayo inventory 13 Account payable 14 To record the investory purchased on account 15 15 May 04 Account recevable 17 Sales revenue 18 To record sales on account 19 20 Cost of goods sold 21 Inventory 22 To record cost of goods sold 23 24 May 05 Rent expense 25 Cash 26 To record rent pard 97.000 $ 50.000 $ 150,000 5 79.45 $ 75.445 $ BO $ 2,800 D 5 5.100 $ 5.100 5 75,000 $ 75.000 A 27 28 May- Prepaid insurance Cash 30 To record prepaid insurance 31 32 May 07 Account payable Cash 34 To record amount paid for merchandise 35 16 May C Cash 37 Account receivable 38 To record collection from customers 39 10 May 10 Office supplies Cash 42 To record purchase of office supplies S 68,750 $ 68,750 5 1,200 S 1.200 5 1.000 4 May 2 Dividends 45 Cash To record payment of cash dividend $ 1,000