Question 1:

Question 2:

I need help with theses questions.

Purchase-Related Transactions Journalize entries for the following related transactions of Manville Heating \& Air Company: a. Purchased $25,000 of merchandise from Wright Co. on account, terms 2/10,n/30. Feedback Check My Work b. Paid the amount owed on the invoice within the discount period. Discovered that $5,000 of the merchandise purchased in (a) was defective and returned items, receiving credit. Feodback Check My Work d. Purchased $4,100 of merchandise from Wright Co, on account, terms n/30. e. Received a refund from Wright Co. for return in (c) less the purchase in (d). Multiple-Step Income Statement and balance sheet The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30 , 2019 : 1. Prenare a multinla-ctan inrama mtatamant Total selling expenses Administrative expenses: Total administrative expenses Total operating expenses 2. Prepare a statement of owner's equity. Balance Sheet June 30,2019 Lablities Current assets: Current liabilities: Total current labilities Long-term habilities: Total current assets Property, plant, and equipment: Total liabiaibes Total property, phant, and equipment Total assets Total Hablities and owner's equity