Below is the General Journal which is given to us to complete the following: Trial Balance and Balance Sheet

Below is the Trial Balance and we need to use what is given above in the General Journal to complete this Trial Balance (***not all boxes will be fill since there are only 6 entries in the General Journal) Where there is a credit or debit pllicable, please just complete: Accounts Receivable-gross, Sales Revenue-gross, COGS other, Inventory at lover cost of market, cash and cash equivalents, Allowance for uncollected accounts receivable, selling and administrative expenses-other, and accounts payable

Below is the balance sheet: please use the previous Trial Balance FYE December 20X5 (far right column) to complete the assets, liabilities, and stockholders' equity. **ignore the 600 on the asset section- it will change once the trial balance is correct for cash and cash equ.

Thank you!

FirstRate Company and subsidiaries General Journal (U.S. dollars in thousands) (Assumes company does NOT use special journals, such as sales journal, purchases journal, cash journal, or payroll journal) Date General ledger accounts Explanation Debit Credit Dec. 31, 20X5 Dr. Accounts receivable, gross 800 Cr. Sales revenue (gross) Explanation: To record credit sales for the last few days of 20X5 Dec. 31, 20X5 Dr. Cost of goods sold (COGS) other 600 Cr. Inventory, at lower of cost or market Explanation: To record cost of sales for the last few days of 20X5 Dec. 31, 20X5 Dr. Cash and cash equivalents 700 Cr. Accounts receivable, gross Explanation: To record collections of accounts receivables for the last week of 20X5 800 600 700