ACCT 2301 (Fall 2021) Part III. Use the following TRANSACTION LIST for The Health and Fitness Center to complete the General Joumal on the following page. In each space on the General Joumal, write out the journal entry (or journal entries) that would be made on that date. Use the perpetual laventory method as discussed in class for all sales of merchandise. Submit only the General Journal page to your eLearning homework assignment (the last problem on your online homework assignment will prompt you to upload your answer sheet). The Health and Fitness Center The Health and Fitness Center, a Texas corporation, la principally engaged in providing a fitness facility available to club members. The Health and Fitness Center offers all the latest equipment and services including group exercise, personal training cardiovascular equipment, Pilates and yoga, and weht lifting The Center also provides massage services. The Health and Fitness Center was established as a business in January 2018. The Health and Fitness Center follows a fiscal year end of December 31. The following transactions occurred during February, the company's and month of operations Feb 1 Purchased office supplies for $325 on an account from Kelli's Office Supplies. The Fitness Center has 30 days to pay for the supplies. Feb 2 Purchased a 4-month advertising campaign to be broadcast on local radio stations during the months of Feb, through May. Paid $2,200 in advance for this ad campaign. Feb 3 Sold 120, twelve-month memberships to the Fitness Center for $415 cach. All membership does were collected in cash. Febs Purchased on account a total of 160 shirts with an embroidered Fitness Center logo from C&C Creations at a price of $11 per shirt. These shirts are available for resale to customers (use the account Inventory-Shirta). Feb 6 Purchased concessions for $2,550 on account from Adyncre Distributing, Inc. These concessions consist of energy drinks, autritional supplements, etc, and are available for resale to customers (use the account Inventory-Concessions). Feb 7 Paid wages of $3,650 for work done during the first week of February. Feb 8 Provided 45 hours of personal training services to members. Fees are charged at a rate of $38 an hour. The total amount was billed to individual member's accounts. Feb 9 Paid the total amounts due to both Kelli's Office Supplies for the Feb. 15 traction and C&C Creations for the Feb, Stration Feb 10 Soldthirty fiy shirts to a corporate member, Allen & Associates, for $32 each. Collected $800 in cash and the balance is owed to the Fitness Center on account Feb 11 Purchased Valentine's Day flowers for the reception desk for $80 cash (classified as Miscellaneous Expense). Feb 13 Sold a gift certificate for S100. The gift certificate is valid for one year and is redeemable for a 6 min massage Feb 15 The concession stand reported the following sales for the first half of the month. All wles were billed to the members' Account Sales Amount Si Cost of Merchandis $3,840 $2,160 O Focus es) ABC ABCODE abcabe AdboCCUE Reading Emphasis Normal Strong ACCT 2301 (Fall 2021) The Health and Fitness Center General Journal Example: Feb. 28 Dr. Account title Q. Account Site Feb. 1 O Focus MacBook Pro