pls answer all requirements

does not need to be done in 2 hours

N Artman Corporation is a small private corporation that sells desktop printers to local businesses and schools. On May 1, 2022, the following were the account balances of Antman Corporation 8 9 10 11 12 13 Debits Cash Credits 60750 Allowance for Doubtful Accounts Accounts Receivable 2250 22500 Accumulated Depreciation (Van) 45000 Inventory (6375 units) 127500 Accumulated Depreciation (Furniture & Fixtures) 3000 Van 48000 Accounts Payable 12000 Furniture & Fixtures 13500 Common Shares 15000 Retained Earnings 195000 Total Debits 272250 Total Credits 272250 During May 2022, the following transactions took place May 1: Bought 300 desktop printers for $270 each on account May 1: Bought a van, paying $16500 cash as a down payment and signed a 10 month $48000,9% note payable for the balance. The company paid $675 to have its company 1090 painted on the side of the van. The residual value is $11250. The old van was sold for $11250, it cost $48000 and acculumated depreciation up to the date of disposal was $45000 May 10 Sold 195 printers to Hela Inc. on account May 12 Wakanda Lid agreed to sign a 90-day not receivable to replace a 54800 accounts receivable due that day. The interest rate on the note is 8.25%. May 20 Sold 9 printers to Dr. Strange Inc. Using a VISA card to pay for the transaction. A6,75% service foe is charged by VISA May 22 Sold 127 5 printers to Stephen Strange Public School on account May 24. Returned for credit 11 damaged printers from Hela Inc., costing $300 each May 28 Received payment in full from Hela Inc. for the balance owing May 28: Wrole off as uncollectable 56375 of accounts receivable. May 29 Pald accounts payable, 518750 May 30: Recovered an accounts receivable that was written off in April. 5975 May 31: Pwd operating expenses totalling SX250 May 31: Recorded depreciation on the van and the furniture & fortures. The company uses straight line depreciation for the van. The van is estimated to be used for 10 years. The furniture & fixtures are depreciated using the straight line method over 11 years. There is no residus value on the future and fridures 139833382388988%88%88ENBONNYBasa May 31 Recorded interest on the note payable May 31: Recorded interest on the notes receivable May 31: The company records the bad debt expervse based on the aging of accounts receivables, which follows: Number of Days Outstanding 0.30 days 31.60 days 61-90 days00+ days Accounts Receivable S42000 $14250 $5750 $1425 Estimated Percentage Uncollectable 1.5% 100% 37.5% 69% Other Information: 1) The selling price for each of the printers is 5675 2) Artman Corporation uses the FIFO method under the perpetual invertory system to account for inventory 3) in the past. Antein Corporation has used the following accounts on their financial statements Bad Debt Expense Cost of Goods Sold Credit Card Fee Depreciation Experte Gain on Sole, Interest Expense, Interest Payable Interest Receivable Interest Revenue Loss on Sale Notes Payable. No Receivable, Operating Experisos, Sales Returns, Sales Revenue Not all accounts have been used each period Required: 1) Prepare the journal entries for the transactions including any adjusting journal entries for the month of May 31, 2022. Place your wende Requirement in the Answer" tab. A reminder to round will final numbers to the nearest dollar Do not round during customs Ensure your spelling is curto Do not use abbreviations for your accounts Spell them out in their entirety A reminder to only use the courts given in the ston 2) Prepare an adjusted trial balance at May 31, 2022. Place your answer under Requirement in the "Awwer tab. Place your account in column Antana A Denklem Anwar Used coch period Required: 1) Prepare the journal entries for the transactions including any adjusting journal entries for the month of May 31, 2022. Place your answer under "Requirement 1" in the Answer" tab. A reminder to round all final numbers to the nearest dollar. Do not round during calculations. Ensure your spelling is accurate. Do not use abbreviations for your accounts. Spell them out in their entirety. A reminder to only use the accounts given in the question 2) Prepare an adjusted trial balance as at May 31, 2022 Place your answer under "Requirement Z in the "Answertab. Place your account tles in column H. debits in column land credits in column J. Ensure your spelling is accurate. Do not use abbreviations for your accounts. Spell them out in their entirety A reminder to only use the accounts gven in the question 3) Prepare the multi-step Income Statement for the month of May 2022. Ignore income taxes. Place your answer under "Requirement 3' in the Answer" tab. Ensure your spelling is accurate. Do not use abbreviations for your accountriell them out in their entirety. A reminder to only use the accounts given in the question ST 4) Prepare a classified Balance Sheet ut at May 31, 2022 Place your answer under Requirement 4* in the Answer tab. Ensure your spelling is accurate, Do not use abbreviations for your accounts. Spell them out in their entirety. A reminder to only use the accounts given in the question 5) Assume Astman Corporation overstated its ending invertory by $2000. How does this affect cost of goods sold, gross profit, and net income in the year it was discovered in the error is undetected, what is the impact on cost of goods sold, gross profit, and not income for the following your place your answer under Requirements in the Answer" b using the drop down menus Enter any type responses in the designated spots, 6) Assume that Atman Corporation used the LCNRV to report invertory on the balance sheet. The NRV of $825 is less than the FIFO cost. Prepare the journal entry Place your answer under Requirement in the Answer tub Ensure your spelling is accurate. Do not use abbreviations for your accounts. Spell them out in their entirety. A reminder to only use the accounts given in the question 31 32 63 64 SSSS