Accounting help, needs to be done tomorrow by 9pm. Anyone?

Problem 5-3A Preparing adjusting entries and income statements; and computing gross margin, acid-test, and current ratios L.O. A1, A2, P3, P4[The following information applies to the questions displayed below.]The following unadjusted trial balance is prepared at fiscal year-end for Rex Company.REX COMPANY Unadjusted Trial Balance January 31,2011 DebitCredit  Cash$2,200      Merchandise inventory 11,500      Store supplies 4,800      Prepaid insurance 2,300      Store equipment 41,900      Accumulated depreciation—Store equipment  $15,000    Accounts payable   9,000    T. Rex, Capital   32,000    T. Rex, Withdrawals 2,000      Sales   104,000    Sales discounts 1,000      Sales returns and allowances 2,000      Cost of goods sold 37,400      Depreciation expense—Store equipment 0      Salaries expense 31,000      Insurance expense 0      Rent expense 14,000      Store supplies expense 0      Advertising expense 9,900       Totals$160,000  $160,000   Rent expense and salaries expense are equally divided between selling activities and the general and administrative activities. Rex Company uses a perpetual inventory system.a.Store supplies still available at fiscal year-end amount to $1,650.b.Expired insurance, an administrative expense, for the fiscal year is $1,500.c.Depreciation expense on store equipment, a selling expense, is $1,400 for the fiscal year.d.To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $11,100 of inventory is still available at fiscal year-end.Problem 5-3A Part 1Required:1.Using the above information prepare adjusting journal entries (Omit the “$” sign in your response): General JournalDebitCredita.      b.      c.      d.   Problem 5-3A Part 22.Prepare a multiple-step income statement for fiscal year 2011. (Input all amounts as positive values. Omit the “$” sign in your response.)REX COMPANY Income Statement For Year Ended January 31, 2011$   $    Expenses     Selling expenses     Total selling expenses     General and administrative expenses     Total general and administrative expenses     Total expenses$  Problem 5-3A Part 33.Prepare a single-step income statement for fiscal year 2011. (Input all amounts as positive values. Omit the “$” sign in your response.)REX COMPANY Income Statement For Year Ended January 31, 2011$    Expenses$       Total expenses$  Problem 5-3A Part 44.Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2011. (Round your answers to 2 decimal places.)  Current ratio  Acid-test ratio  Gross margin ratioProblem 5-4A Computing merchandising amounts and formatting income statements L.O. C2, P4[The following information applies to the questions displayed below.]BizKid Company’s adjusted trial balance on August 31, 2011, its fiscal year-end, follows.DebitCredit  Merchandise inventory$31,000  Other (noninventory) assets120,400  Total liabilities$35,000  N. Kidman, Capital101,650  N. Kidman, Withdrawals8,000  Sales212,000  Sales discounts3,250  Sales returns and allowances14,000  Cost of goods sold82,600  Sales salaries expense29,000  Rent expense—Selling space10,000  Store supplies expense2,500  Advertising expense18,000  Office salaries expense26,500  Rent expense—Office space2,600  Office supplies expense 800  Totals$348,650$348,650On August 31, 2010, merchandise inventory was $25,000. Supplementary records of merchandising activities for the year ended August 31, 2011, reveal the following itemized costs.  Invoice cost of merchandise purchases$91,000    Purchase discounts received1,900    Purchase returns and allowances4,400    Costs of transportation-in3,900  Problem 5-4A Part 1Required:1.Compute the company’s net sales for the year. (Omit the “$” sign in your response.)  Net sales$  Problem 5-4A Part 22.Compute the company’s total cost of merchandise purchased for the year. (Omit the “$” sign in your response.)  Total cost of merchandise purchased$  Problem 5-4A Part 33.Prepare a multiple-step income statement that includes separate categories for selling expenses and for general and administrative expenses. (Input all amounts as positive values. Omit the “$” sign in your response.)BIZKID COMPANY Income Statement For Year Ended August 31, 2011$    $    Expenses  Selling expenses    Total selling expenses  General and administrative expenses    Total general and administrative expenses  Total expenses$    Problem 5-4A Part 44.Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses. (Input all amounts as positive values. Omit the “$” sign in your response.)BIZKID COMPANY Income Statement For Year Ended August 31, 2011$    Expenses$        Total expenses$