1.

Prepare journal entries to record the

February

transactions for

Splashing Around

using

the

"General

Journal February GJ7"

tab

.

Update the FIFO worksheet in the working papers when a

transaction

includes inventory.

2.

Post the February

journal entries to the General Ledger.

(Note: Use the same GL from

January and add

in the February

entries).

3.Unadjusted Trial Balance as of

February 29, 2020

(Note: The balances in the

temporary

accounts will include January and February transactions.)

4.

journal entries to record the

March

transactions for

Splashing Around

using the "General

Journal March GJ8" tab

.

Update the FIFO worksheet in the working papers when a transaction includes

inventory.

5.Post the March

journal entries to the

General

Ledger. (Note: Use the same GL from

February and add

in the March

entries).

6.

Unadjusted Trial Balance

as of

March 31

, 2020

.

(Note: The balances in the temporary

accounts will include January, February, and March transactions.)

Link to Excel File:

https://drive.google.com/file/d/1MuvqNd4reAOTiIiRPZ78KdpxVUFdIN8X/view?usp=sharing

Questions listed below in images.