there is no need for solving question 1---4, I already solve them

you can just do it form question 5

- $15,000 of accounts receivable was written off as bad debt - Operating Expenses - $2.500.000, all paid in cash (The Operating Expenses account includes interest paid on the Note Payable. The Operating Expenses account does not include any amount for Uncollectible Accounts Expense or Depreciation Expense.) - No changes in the following accounts: Accounts Payable, Common Stock, Merchandise Display Cases, Note Payable, Wages Payable Other Information Periodic LIFO has been adopted to account for inventories The Aging Method is used to account for account receivables Accounting Client states that the AFUA account should have a balance of $20,000 after the adjusting journal entry has been made. Depreciation Method - Straight Line, No Residual Value You are not required to calculate or otherwise include the income tax expense to complete this problem. As such, no income tax expense will be set forth in the Multi-Step Income Statement. REQUIRED: 1. Prepare an opening Trial Balance (as of January 18t) using the provided Balance Sheet Chart of Accounts. Prepare all journal entries that would be made given the Business Activity (Inventory Purchases and Other set forth above) between January 19 and December 10th NO ADJUSTING JOURNAL ENTRIES ARE TO BE MADE IN THIS STEP 3. Prepare an updated Trial Balance (as of December 10th). Prepare a schedule showing the calculation of December 10th COGS and Ending Inventory in both units and dollar amount. Prepare an adjusting journal entry showing the amount assigned to COGS. 5. Prepare an adjusting journal entry for the depreciation on the Merchandise Display Cases. Prepare an adjusting journal entry for the adjustment made to the AFUA account. 7. Prepare an Adjusted Trial Balance (as of December 31"). - 8. Prepare all necessary Closing Journal Entries. 9. Prepare a Closing Trial Balance (as of December 31'). 10. Prepare a Multi-Step Income Statement. Statement of Retained Earnings, and Classified Balance Sheet as of December 31st for Accounting Client.. 11. Calculate the gross margin % and profit margin % that Accounting Client has on its putters based on the multi-step income statement. Write a paragraph to Accounting Client explaining the concept of a gross margin