I can do the first part the question worth 4 points but not the second part.

AutoSave . Off) H 9 8477100 (3) - Protected View Search (Alt+Q) Charlie I CI X File Home Insert Page Layout Formulas Data Review View Help Comments Share 1PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X N16 X V B C DE F G H K M N O P Q R S T U V W X Page 1 ELEVEN COLUMN JOURNAL W N DOC. POST GENERAL ACCOUNTS RECEIVABLE SALES SALES TAX ACCOUNTS PAYABLE PURCHASES CASH DATE ACCOUNT TITLE PAYABLE NO. REF . DEBIT CREDIT DEBIT CREDIT CREDIT CREDIT DEBIT CREDIT DEBIT DEBIT CREDIT 10 11 12 13 14 15 Prove Page 2 of the journal Debit Credit 16 General Debit Cash on hand at beginning of month 17 General Credit Plus Total cash Received 18 Accounts Receivable Debit Equals Total 19 Accounts Receivable Credit Less total Cash paid out during month 20 Sales Credit Equals cash balance at end of month 21 Sales Tax Payable Credit Checkbook balance on next check stub 22 Accounts Payable Debit 23 Accounts Payable Credit 24 Purchases Debit 25 Cash Debit 26 Cash Credit 27 Totals 28 29 30 31 32 33 34 35 36 37 38 39 Journal Page 1 D Ready 115% W 9:23 AM Type here to search my TSLA Investor sells ~ () 92 8/2/2022AutoSave (. Off) H 9 0) 8477098 (4) - Protected View . Saved to this PC v Search (Alt+Q) Charlie I CI X File Home Insert Draw Design Layout References Mailings Review View Help Comments Share 1 PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X Accounting 1 | Graded Assignment | Journalizing for a Merchandising Business Name Date: Graded Assignment Journalizing for a Merchandising Business Complete the following questions. Total score: of 60 points (4 points) 1. Explain how merchandising and service businesses differ. How are they alike? Answer Type your answer here. (56 points) 2. Journal the following transactions related to the business Barbara's Book Nook, a bookstore owned by Barbara Baker. a. Start Microsoft Excel, and open the BUS113_06_06.xIsx file from C:\\ACTT1\\Data\\Unit_6. b. Click the File tab, and click Save As. Save the file to C:\\ACTT1\\Student\\Unit_6. C. August 1. Purchased merchandise for cash, $1,200.00. Check No. 121. d. August 9. Purchased merchandise on account from Book Wholesalers, $1,950.00. Purchase Invoice No. 132. e. August 14. Barbara Baker withdrew merchandise for personal use, $300.00. Memorandum No. 143. f. August 30. Recorded cash and credit card sales, $5,459.00, plus sales tax, $545.90. Cash Register Tape No. 124. g. Total the columns and prove and rule page 1 of the journal. h. Prove cash. The beginning cash balance on August 1 is $2,340.00. The balance on the next unused check stub is $7,144.90. i. Save and close the spreadsheet. i. Submit your file to your instructor for grading Scoring Guide Criteria Points Points Possible Earned Explained how merchandising and service businesses are alike and different. Recorded transactions correctly. Proved and ruled the journal and proved cash 56 accurately. Total Points 60 Page 1 of 1 226 words Text Predictions: On Focus - + 100% Type here to search X w 9:23 AM fly TSLA Investor sells ~() 92 8/2/2022