PLEASE HELP ME !!!!!! LOL . i feel like im missing a simple step but ive tried and tried and im still doing it wrong

A myFranklin for Mariah X McGraw-Hill Connect X M Question 1 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware%25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work Joey's Bike Shop sells new and used bicycle parts. Although a majority of its sales are cash sales, it makes a significant amount of credit sales. During Year 1, its first year of operations, Joey's Bike Shop experienced the following: 4 points Sales on account $261 , 600 Cash sales 685 , 700 Collections of accounts receivable 248 ,520 Uncollectible accounts charged off during the year 1,170 eBook Hint Required Print Assume that Joey's Bike Shop uses the allowance method of accounting for uncollectible accounts and estimates that 1 percent of its sales on account will not be collected. Answer the following questions: References a. What is the Accounts Receivable balance at December 31, Year 1? b. What is the ending balance of Allowance for Doubtful Accounts at December 31, Year 1, after all entries and adjusting entries are posted? c. What is the amount of uncollectible accounts expense for Year 1? d. What is the net realizable value of accounts receivable at December 31, Year 1? a. |Accounts receivable Mc Graw Hill 99+ Search W 6:28 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 1 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work Required Assume that Joey's Bike Shop uses the allowance method of accounting for uncollectible accounts and estimates that 1 percent of its sales on account will not be collected. Answer the following questions: 4 points a. What is the Accounts Receivable balance at December 31, Year 1? b. What is the ending balance of Allowance for Doubtful Accounts at December 31, Year 1, after all entries and adjusting entries are posted? eBook c. What is the amount of uncollectible accounts expense for Year 1? d. What is the net realizable value of accounts receivable at December 31, Year 1? Hint Print References a. Accounts receivable b. Allowance for doubtful accounts C . Uncollectible accounts expense Net realizable value Mc Graw Hill 99+ Search W 6:28 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 2 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%%253A%252F%252FIms.mheducation.com %252Fmghmiddleware%25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 2 On May 1, Year 1, Benz's Sandwich Shop loaned $20,000 to Mark Henry for one year at 7 percent interest. Required a. What is Benz's interest income for Year 1? 4 b. What is Benz's total amount of receivables at December 31, Year 1? points c. How will the loan and interest be reported on Benz's Year 1 statement of cash flows? d. What is Benz's interest income for Year 2? e. What is the total amount of cash that Benz's will collect in Year 2 from Mark Henry? eBook f. How will the loan and interest be reported on Benz's Year 2 statement of cash flows? g. What is the total amount of interest that Benz's earned on the loan to Mark Henry? Hint (For all requirements, round your answers to the nearest dollar amount.) Print References a. Interest income b. Receivables C d. Interest income e. Cash f. g. Interest earned Mc Graw Hill LIO 99+ Search W 6:28 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 3 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A$252F%252FIms.mheducation.com%252Fmghmiddleware25... L Mariah Dashboard Login page FACTSSIS >Family.. Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 3 I he following list of accounts was drawn from the accounts of Little Grocery supplier (Lob) as of December 31, Year 1: Cash $ 5,300 Accounts receivable 17, 005 4 Allowance for doubtful accounts $ 1,975 Inventory 23,120 points Accounts payable 8,540 Common stock 18,900 Retained earnings 16, 010 eBook Hint Transactions for Year 2 Print 1. Acquired an additional $9,100 cash from the issue of common stock. References 2. Purchased $61,800 of inventory on account. 3. Sold inventory that cost $63,000 for $94,400. Sales were made on account. 4. The company wrote off $1,490 of uncollectible accounts. 5. On September 1, LGS loaned $8,500 to Eden Co. The note had an 8 percent interest rate and a one-year term. 6. Paid $16,210 cash for operating expenses 7. The company collected $79,210 cash from accounts receivable. 8. A cash payment of $51,090 was paid on accounts payable 9. The company paid a $5,400 cash dividend to the stockholders. 10. Uncollectible accounts are estimated to be 1 percent of sales on account. 11. Recorded the accrued interest at December 31, Year 2 (see item 5). Mc Graw Hill 99+ Search L W 6:29 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 3 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%%253A*252F%252FIms.mheducation.com %252Fmghmiddleware%25... L Mariah Dashboard Login page FACTS SIS >Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 3 LITTLE GROCERY SUPPLIER (LGS) Accounting Equation for the Year 2 Assets = Liabilities + Stockholders' Equity Event Notes Interest Accounts Common Retained 4 Cash NRV Accounts Accounts Titles for Retained Earnin Receivable + Inventory Receivable Receivable Payable Stock Earnings points Bal. + + + + + + + + + + + + + + + + 11 2. + e Book 3a Hint 3b Print 4. References 5 . 6. 7 . + + + + + + + + + 8. + + + + + + + + + 11 11 11 11 11 11 11 11 11 + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + 9 . 10 11 . Bal Mc Graw Hill 99+ Search W 6:29 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 3 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 3 Req A Req B Inc Req B Stmt of Req B Bal Req B Stmt Stmt Changes Sheet Cash Flows 4 Prepare an income statement for Year 2. (Enter all final answers in whole dollars.) points LITTLE GROCERY SUPPLIER (LGS) eBook Income Statement For the Year Ended December 31, Year 2 Hint Print References Expenses Total expenses Operating income Mc Graw Hill 99+ Search W 6:29 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 3 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 3 Req A Req B Inc Req B Stmt of Req B Bal Req B Stmt Stmt Changes Sheet Cash Flows Prepare a statement of changes in stockholders' equity for Year 2. (Enter all final answers in whole dollars. Enter cash 4 outflows with a minus sign. points LITTLE GROCERY SUPPLIER (LGS) Statement of Changes in Stockholders' Equity e Book For the Year Ended December 31, Year 2 Hint Beginning common stock Print References Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Mc Graw Hill 99+ 6:30 PM Search W 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 3 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 3 As of December 31, Year 2 Assets 4 points e Book Hint Total assets Print Liabilities References Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders equity Mc Graw Hill 99+ Search W 6:30 PM 6/20/2023 4A myFranklin for Mariah X McGraw-Hill Connect X M Question 4 - Problems 5 - Conne X Dashboard X + V X > C A ezto.mheducation.com/ext/map/index.html?_con= con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com %252Fmghmiddleware25... L Mariah Dashboard Login page FACTS SIS > Family... Index - Columbus Products | Jones &... O ODX Login ... Problems 5 1 Saved Help Save & Exit Submit Check my work 4 Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 170 units at $44 per unit. During the year, Cortez made two batch purchases of this chair. The first was a 265-unit purchase at $49 per unit; the second was a 350-unit purchase at $51 per unit. During the period, it sold 475 chairs. 4 points Required Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Cortez uses eBook a. FIFO. Hint b. LIFO. Print c. Weighted average. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) References FIFO LIFO Weighted Average Cost of goods sold Ending inventory Mc Graw