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a. 1. The following information is available for Fresh grocery online store. Using the transactions below, complete the worksheets for Fresh for February. General Journal:
a. 1. The following information is available for Fresh grocery online store. Using the transactions below, complete the worksheets for Fresh for February. General Journal: transactions (16 pts) b. General Ledger (12 pts) C. Unadjusted Trial Balance (2 pts) d. Adjustments and Adjusted Trial Balance (skip the General Ledger step and reflect straight in the adjusted trial balance) (14 pts) Closing entries and Post-closing Trial Balance (6 pts) e. Date Amount 1 6,000 700 500 2 5 3,000 Transactions Purchased the following: equipment supplies paid cash with the remainder due in 60 days. Purchased inventory from Culinary Wholesalers and paid cash: Signed a 3-month contract with a customer to sell 1500 pounds of tomatoes at a total rate of 900 per month. Received 2 months' payment in advance Billed various customers for goods sold Fresh sold worth of merchandise with a cost of to Smoothie King, with terms of 2/10, n/30. Smoothie King paid for the shipping from Fresh Fresh received of merchandise returned, whose cost was from Smoothie King from the February 8 sale. Fresh received full payment for the net amount due on the February 8 sale. 6 8 1,800 1,500 2,500 2,200 10 13 75 150 120 14 [ ] Record adjusting journal entries in general journal form, and post to the ledger accounts. The following information is available on February 28: Supplies on hand Accrued salaries Estimated life of equipment Also, make the necessary adjusting entries indicated by the February transactions. 250 820 6 years
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