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(35 points) AaBb TJX The TIX Companies, Inc. (TIX) describes itself as follows in its first foo we are the leading of price apparel and

(35 points) AaBb TJX The TIX Companies, Inc. (TIX) describes itself as follows in its first foo "we are the leading of price apparel and home fashions retailer in the United S and worldwide We have ever 500 stores and four distinctive branded that rapidly changing assurent of quality fashionable, brand name and designer merchandise at prices generally 2006 below full-price rats regular prices on comparable merchandige very do. We pr bus fais segments Marma and HomeGods bath in the US, TX and TX International do you will see SOME (net allt) of TIX's transactions in their most recent focal year. Provide the Journal entry or entries (accounts and amount needed to record each transaction Paid $29,004 million cash for current period operating expense Account Tale My Pinchased $4337 million worth of inventies on accid A Pinhel pipment costing $568 million on act W A T Y Debit Credit Debit Cred Debil JK L S D H Z x C V B N M b) Purchased $4,337 million worth of inventories on account Account Title c) Phaed new equipment costing $568 million on account Account Title di Paid $2,473 million cash for accounts payable due to supplim Debit Credit Debit Credit Debit Credit Had $32,137 million in sales to customers. Assume that all sales were credit sale AT Deb Crea 0 W T A 7 U 9 P A G H J K L Z x C v B N M 2 " command open d) Paid $2,673 million cash for accounts payable due to suppliers Account Title AaBb Debit Credit Had $32,137 million in sales to customers Assume that all sales were credit sales Debit Collected $42,040 million cash from customers related to prior credit sales Account Tile : a W E T T 3 Y U O 4 5 D G H Z x C v B N M L Credi Credi command A AaBb g) Paid $3,042 million cash for cum-period wages and salaries Account T b) Paid $1 million cash for income tax expense for the year. Account Title bd new common stock for $211 million cash AcctTitle w Declared and paid cash dividends of $278 m = R T . 3 Y 3 Debit Credit Debit Credit Debit Cre . " O P S D O H K L x C V B N M command option A h) Paid $1 million cash for income tax expense for the year. Account Tidle Issued new common stock for $211 million cash Account Title 1) Declared and paid cash dividends of $278 million Act Title AaBb Debit Credit Debit Credit Debit Credit Based on the journal entries you've prepared, calculate TIX's Net IncomeNet Loss) SHOW Y WORK TIX's Not s A a 5 A 9 W E R T Y U O S D F G H P K L z x C V B N A M command command k) Based on the journal entries you've prepared, calculate TIX's Net Income (Net Loss) SHOW YOUR WORK. TIX's Net Income Low)- At the beginning of the period, TIX had a Cash balance of $3,217 million. Use this beginning balance and your journal entries to show what TIX's Cash T accound would look like for the most recent period and calculate TIX's ending Cash balance SHOW YOUR WORK W 5 x 2 D [U TIS Fling Cash Balance = 5 5 T Y L . O G H KL v B N M 3 command option

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