please ans 3&4

Ques: 3 (3) Presented below is information for Faiza Company for the month of March 2021. Cost of goods sold Freight-out Insurance expense Salaries expense Interest expense Sales commission expense $150,000 8,000 5,000 55,000 1,500 5,000 Rent expense Sales discount Sales returns &allowance Sales revenue Interest revenue $40,000 9,000 13,000 400,000 3,000 Instructions: Prepare a multiple-step income statement. Ques: 4 (5) Ques: 4 Prepare the journal entries to record the following transactions on Flora Company's books using a perpetual inventory system. (a) On March 12, Flora Company sold $900,000 of merchandise to Sania Company, terms 1/10, n/30. The cost of the merchandise sold was $590,000. I (b) On March 18. Sania Company returned $90,000 of the merchandise purchased on March 12. The cost of the returned merchandise was $62.000. (e) On March 22, Flora Company received the balance due from Sania Company