This is the problem!

Part 1

Part 2 & 3

Part 4

During March, Konfection Corporation had these transactions: 3/2 Issued invoice No. 1079 to record credit sale to Gardner, Inc., $800. All credit sales are made on the company's standard terms of 1/10, 1/30. Cost of the sale was $275. 3/5 Collected cash of $390 from Lee, Inc. in full payment of their account receivable. 3/6 Collected note receivable, $10,000 plus interest of $600. 3/8 Issued invoice No. 1080 for sale on account to Molina, Inc., $1,200. Cost of the sale was $550. 3/12 Received $792 cash from Gardner, Inc., in settlement of their account receivable, net of discount, from the sale arising on March 2. 3/18 Sold inventory on account to Saecho, Inc., issuing invoice No. 1081 for $2,000. Cost of the sale was $975. 3/25 Received $3,005 from Langston, Inc., in full settlement of its account receivable. (The discount period has expired.) 3/28 Issued invoice No. 1082 to Langston Inc. for sale of $950. Cost of the sale was $390. 3/29 Sold goods on credit to Saecho, Inc., issuing invoice No. 1083 for $630. Cost of the sale was $280. 3/30 Issued credit in the amount of $1,325 for inventory that Saecho, Inc. returned because it had spoiled during shipment. The goods were discarded. Selected accounts from the general ledger of Konfection Corporation show the following balances at March 1: - Acct. Acct. No. Account Title Balance No. Account Title Balance 12 Cash $5,662 400 Sales Revenues 20 Accounts Receivable 10,110 410 Sales Discounts 25 Inventory 23,685 420 Sales Returns and Allowances 30 Supplies 872 501 Cost of Goods Sold 40 Note Receivable 10,000 601 Interest Revenue Konfection accounts receivable subsidiary ledger includes the following accounts and balances at March 1: Account Title Langston, Inc. Gardner, Inc. Saecho, Inc. Molina, Inc. Lee, Inc. Balance $ 3,005 1,080 4,725 910 390 $10,110 of Required: 1. Open the general ledger and the accounts receivable subsidiary ledger accounts given, and insert their balances March 1 Done 2. Record the transactions of a sales journal of a cash recipes joumal, a general journal as appropriate. Note: Record sales returns and allowances in the calcul 3. Post to the general ledger and the accounts receivable subsidiary lodge The sales journal and cash received from customers should be posted daily to the accounts receivable subsidiary ledger, as should any sales retums and allowances from the general joumal. Other transactions should be posted at the end of the 4. Prove the accuracy of posting by showing that the totaf of the balances in the subsidiary ledger equals the general lodger balance in Accounts Receivable Accounts Receivable Subdiary Ledger Lanston, Inc Date Ref Debit 31 Credit Balance 3005 Gardner, Inc Date Ref Debit Credit 31 Balance 1050 Sancho Inc Date Ref Debit Credit Balance 4725 Molina, Date of Debit 3/1 Credit Balce 910 Lec, Inc Date Ret 31 Debit Credit Balance 390 Requirement SALES JOURNAL Date Account Debited Invoice Post Na Rel Debit AR Credit Sala Pages Debit CGS Credit livestory CASH RECEIPTS JOURNAL DEBIT Date CREDIT Other Accounts Account Post Title Ref Sales Discount Cash Accounts Receivable Amount GENERAL JOURNAL Date Accounts and Explanation PRT Debit Credit Requirement 4 Schedule of Accounts Receivable Customer Balance Note: the total should egne the Balances December General ledger Cash Ref Echit 12 Baline Accounts Receivable Date Re Dobit Credit 20 Balance Inventory Date Ref. Debit Credit You should be posting the totale of the columns from the Sales & Cast Receipts Journal, Not the Individual entries 25 Balance Supplies Date Red Debit Credit 30 Balance Notes Receivable Date Debit Rel Credit 40 Balance Sales Returns and Allowances Date Ref Debit Credit 420 Balance Sales Revenue Date Ref Debit Credit 400 Balance Cost of Goods Sold 501 Date Ref. Debit Credit Balance Sales Discount Date Rel Debit Credit 410 Balance Interest Revenue Date Ref Debit Credit 60 Balance