4.

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.

5.

Post the February

journal entries to the General Ledger.

(Note: Use the same GL from

January and add

in the February

entries).

6.

Prepare an Unadjusted Trial Balance as of

February 2

9

, 2020

.

(Note: The balances in the

temporary

accounts will include January and February transactions.)

7.

Prepare 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.

8.

Post the March

journal entries to the

G

eneral

L

edger. (Note: Use the same GL from

February and add

in the March

entries).

9.

Prepare an

Unadjusted Trial Balance

as of

March 31

, 2020

.

(Note: The balances in the temporary

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