2 7/5 July Transactions 7/1 The company paid the monthly rent 7/1 7/2 7/5 Preparing the Unadjusted Trial Balance for the month of June 7/15 7/15 7/15 7/30 7/30 Paid on account for an ad in the local radio station for $900 Paid the first installment due for the purchase of the Ice Cream Equipment (total $3400) Purchased the following inventory items: Description Quantity in LB Milk Sugar Cacao Butter Price 240 $ 190 $ 120 $ 130 $ Incurred $75 of freight cost, which they paid in cash Total Cost 2.95 $ 708.00 1.65 $ 313.50 3.75 $ 450.00 3.25 $ 422.50 All the inventory left over from June and purchased July was fully utilized in making the ice cream in July Paid in full the Furniture purchased on account in June. Paid in full the cost of the laptop Paid in full the cost of the QuickBooks software Paid the salaries of the two employees for July Collected $8,900 in cash sales

i need help with FIFO, trial Balance and t-accounts pls and thank you

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