if you could please help answer general analysis through Analysis. thank you!!!

Required Information [The following information applies to the questions displayed below.] One Product Corporation (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31 , at the end of Its first year of operations, were: The following information is relevant to the first month of operations in the following year. - OPC sells its Inventory at $150 per unit, plus sales tax of 6 percent. OPC's January 1 inventory balance consists of 180 units at a total cost of $12,600. OPC's policy is to use the FIFO method, recorded using a perpetual inventory system. - The $1,980 in Prepaid Rent relates to a payment made in December for January rent this year. - The equipment was purchased on July 1 of last year. It has a residual value of $1,000 and an expected life of five years. it is being depreclated using the straight-line method. - Employee wages are $4,000 per month. Employees are paid on the 16 th for the first haif of the month and on the first day of the following month for the second haif of each month. Withholdings each pay perlod include $250 of Income taxes and $150 of FICA taxes. These withholdings and the employer's matching contribution are paid monthly on the second day of the following month. In addition, unemployment taxes of $50 are accrued each pay period, and will be paid on March 31 . - Deferred Revenue is for 30 units ordered and pald for in advance by two customers in late December. One order of 25 units is to be filled in January, and the other will be filled in February - Notes Payable arises from a three-year, 9 percent bank loan received on October 1 last year. - The par value on the common stock is $2 per share. 1. Treasury Stock arises from the reacquisition of 500 shares at a cost of $8 per share. a. On 1:01, OPC paid employees' salarles and wages that were previously accrued on December 31. b. A truck is purchased on 1/02 for $11,000 cash. It is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c. Payroll withholdings and employer contributions for December are remitted on 1/03. d. OPC declares a $0.50 cash dividend on each share of common stock on 1/04, to be paid on 1/10. e. A $1,045 customer account is written off as uncollectible on 1/05. f On 1/06, recorded sales of 175 units of Inventory on account. Sales tax is charged but not yet collected or remitted to the state. g. Sales taxes of $500 that had been collected and recorded in December are pald to the state on 1107 . h. On 1108, OPC issued 300 shares of treasury stock for $2,400. LCollections from customers on account, totaling $18,121, are recorded on 1/09. J. On 1/10. OPC distributes the $0.50 cash dividend declared on January 4 . The company's stock price is currently $5 per share. k. OPC purchases on account and receives 70 units of Inventory on 1/11 for $4,340. 1.The equipment purchased last year for $47.800 is sold on 1/15 for $49.600 cash. Record depreciation for the first half of January prior to recording the equipment disposal. m. Payroll for January 1-15 is recorded and paid on 1/16. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. n. Having sold the equipment, OPC pays off the note payable in full on 1117. The amount paid is $24,536, which includes Interest accrued in December and an additional $98 interest through January 17. 0. On 1/27, OPC records sales of 30 units of inventory on account. Sales tax is charged but not yet collected or remitted. p. A portion of the advance ordet from December (25 units) is delivered on 1/29. No sales tax is collected on this transaction because the customer is a U.S. governmental organization that is exempt from sales tax q. To obtain funds for purchasing new equipment, OPC issued bonds on 1/30 with a total face value of $109,000, stated Interest rate of 5 percent, annual compounding, and six-year maturity date. OPC recelved $98,609 from the bond Issuance, which implies a market interest rate of 7 percent. t On 1/31, OPC records units-of-production depreciation on the vehicle (truck), which was driven 2,000 milles this month. s. OPC estimates that 2% of the ending accounts recelvable balance will be uncollectible. Adjust the applicable accounts on 1/31, using the allowance method. ton 1/31, adjust for January rent explred u. Accrue January 31 payroll on 1/31, which will be payable on February 1. Be sure to accrue unemployment taxes and the employer's matching share of FiCA taxes. v Accrue OPC's corporate income taxes on 1/31, estimated to be $5.510. Prepare all January journal entnes and adjusting entries for itema (a)-(v). Review the 'General Ledger' and the adjusted Trial Balance' Tabs to tee the effect of the transactions on the account balances. (if no entry is required for a transaction/event, select "No joumal entry required" in tiie first account held.) Required Information [The following information applies to the questions displayed below.] One Product Corporation (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31 , at the end of Its first year of operations, were: The following information is relevant to the first month of operations in the following year. - OPC sells its Inventory at $150 per unit, plus sales tax of 6 percent. OPC's January 1 inventory balance consists of 180 units at a total cost of $12,600. OPC's policy is to use the FIFO method, recorded using a perpetual inventory system. - The $1,980 in Prepaid Rent relates to a payment made in December for January rent this year. - The equipment was purchased on July 1 of last year. It has a residual value of $1,000 and an expected life of five years. it is being depreclated using the straight-line method. - Employee wages are $4,000 per month. Employees are paid on the 16 th for the first haif of the month and on the first day of the following month for the second haif of each month. Withholdings each pay perlod include $250 of Income taxes and $150 of FICA taxes. These withholdings and the employer's matching contribution are paid monthly on the second day of the following month. In addition, unemployment taxes of $50 are accrued each pay period, and will be paid on March 31 . - Deferred Revenue is for 30 units ordered and pald for in advance by two customers in late December. One order of 25 units is to be filled in January, and the other will be filled in February - Notes Payable arises from a three-year, 9 percent bank loan received on October 1 last year. - The par value on the common stock is $2 per share. 1. Treasury Stock arises from the reacquisition of 500 shares at a cost of $8 per share. a. On 1:01, OPC paid employees' salarles and wages that were previously accrued on December 31. b. A truck is purchased on 1/02 for $11,000 cash. It is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c. Payroll withholdings and employer contributions for December are remitted on 1/03. d. OPC declares a $0.50 cash dividend on each share of common stock on 1/04, to be paid on 1/10. e. A $1,045 customer account is written off as uncollectible on 1/05. f On 1/06, recorded sales of 175 units of Inventory on account. Sales tax is charged but not yet collected or remitted to the state. g. Sales taxes of $500 that had been collected and recorded in December are pald to the state on 1107 . h. On 1108, OPC issued 300 shares of treasury stock for $2,400. LCollections from customers on account, totaling $18,121, are recorded on 1/09. J. On 1/10. OPC distributes the $0.50 cash dividend declared on January 4 . The company's stock price is currently $5 per share. k. OPC purchases on account and receives 70 units of Inventory on 1/11 for $4,340. 1.The equipment purchased last year for $47.800 is sold on 1/15 for $49.600 cash. Record depreciation for the first half of January prior to recording the equipment disposal. m. Payroll for January 1-15 is recorded and paid on 1/16. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. n. Having sold the equipment, OPC pays off the note payable in full on 1117. The amount paid is $24,536, which includes Interest accrued in December and an additional $98 interest through January 17. 0. On 1/27, OPC records sales of 30 units of inventory on account. Sales tax is charged but not yet collected or remitted. p. A portion of the advance ordet from December (25 units) is delivered on 1/29. No sales tax is collected on this transaction because the customer is a U.S. governmental organization that is exempt from sales tax q. To obtain funds for purchasing new equipment, OPC issued bonds on 1/30 with a total face value of $109,000, stated Interest rate of 5 percent, annual compounding, and six-year maturity date. OPC recelved $98,609 from the bond Issuance, which implies a market interest rate of 7 percent. t On 1/31, OPC records units-of-production depreciation on the vehicle (truck), which was driven 2,000 milles this month. s. OPC estimates that 2% of the ending accounts recelvable balance will be uncollectible. Adjust the applicable accounts on 1/31, using the allowance method. ton 1/31, adjust for January rent explred u. Accrue January 31 payroll on 1/31, which will be payable on February 1. Be sure to accrue unemployment taxes and the employer's matching share of FiCA taxes. v Accrue OPC's corporate income taxes on 1/31, estimated to be $5.510. Prepare all January journal entnes and adjusting entries for itema (a)-(v). Review the 'General Ledger' and the adjusted Trial Balance' Tabs to tee the effect of the transactions on the account balances. (if no entry is required for a transaction/event, select "No joumal entry required" in tiie first account held.)