Q15)

it says that this problem is incomplete.

please fix the ones that are wrong and incomplete.

Req 1:

Req 2:

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Q23)

I got 'Q23)' wrong

Chapters 13-14 Help 15 Problem 13-118 Grossman Products began operations in 2018. The following selected transactions occurred from September 2018 through Maroh eBock 2018: Print (a) On September 5, Grossman opened a checking account and negotiated a short-term line of credit of up to $10,000,000 at 10% References interest. The company is not required to pay any commitment fees. (b) On October 1, Grossman borrowed $8,000,000 cash and issued a 5-month promissory note with 10% interest payable at maturity. (c.) Grossman received $3,000 of refundable deposits in December for reusable containers (d) For the September through December period, sales totaled $5,000,000 The state sales tax rate is 4% and 75% of sales are subject to sales tax. e.) Grossman recorded accrued interest. 2019: (E) Grossman paid the promissory note on the March 1 due date. (g) Half of the storage containers are returned in March, with the other half expected to be returned over the next 6 months. Required: 1. Prepare the appropriate journal entries for the 2018 transactions 2. Prepare the liability section of the balance sheet at December 31, 2018, based on the data supplied. 3. Prepare the eppropriate journal entries for the 2019 transactions. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prey 15 of 30 Next Hll