Please update the accounts in part b, will upvote.

Chapter 5 Homework Set Problem 1) LO: 5.1, 5.2,5.3 During November, Beerbo engaged in the following transactions with customers > Transactions with A.Co sales: o Nov. 10: Beerbo sold merchandise inventory on account to A.Co for $1,600. o Nov. 18: A.Co returned $200 of merchandise inventory to Beerbo. o Nov. 25: A.Co paid the balance of what was owed from its Nov. 10 purchase. Transactions with B.Co Sales: o Nov. 11: Beerbo sold merchandise inventory on account to B.Co for $1,800. Nov. 20: B.Co paid the balance of what was owed from its Nov. 11 purchase. Transactions with C.Co sales: o Nov. 17: Beerbo sold merchandise inventory on account to C.Co. for $2,000. o Nov. 22: C.Co returned $400 of merchandise inventory to Beerbo. o Nov. 23: C.Co paid the balance of what was owed from its Nov. 17 purchase. O Each customer has a specific account receivable in Beerbo's ledger (see next page). A customer's individual account receivable is debited for sales on account, credited for returns, and credited for payments on account. All credit terms are 2/10, net 30. The cost of all merchandise inventory sold represents 75% of sales price. Customers who purchase on account and subsequently return goods are issued a credit memo. Beginning balances on all relevant accounts are shown on the next page. (P.1.a) Below, draw the journal entry (or entries) for each November transaction above. (P.1.b) Post the effects of the journal entries from (P.5.a) to Beerbo's ledger accounts below. Update each account's balance as necessary. Cash Accts. Recv. (A.CO) Retained Earnings Sales Revenue 18,000 0 20,000 10,000 Accts. Recv. (B.Co) Accts. Recv. (C.Co) Sales Refunds Pay. Sales Ret. & Allow. 0 0 500 500 Sales Discounts 0 Inventory 4,500 Inv. Returns Est. 375 C.O.G.S. 7,125 T Focus