Bowling Corporation had the following transactions occur during February: 1. Bowling purchased $450,000 in inventory on credit. 2. Bowling received $13,000 in cash from customers for sabscriptions that will not begin until the followitig month. 3. Bowling signed a note from Midwest Bank for $67,000. 4. Bowling sold all the inventory purchased in (a) above for $700,000 on account. 5. Bowling paid employees $120,000 for services performed during January. 6. Bowling purchased land for $56,000 in cash. 7. Bowling received $650,000 in cash from customers paying off January's accounts receivable. 8. Bowling paid dividends to stockholders in the amount of $4,000. 9. Bowling owes its employees $123,000 for work performed during February but not yet paid. 10. Bowling paid $300,000 on its accounts payable. 11. Bowling paid taxes in cash of $45,000. Required: 1. Prepare journal entries for the above transactions. 1. Prepare journal entries for the above transactions. 2. Complete the T-accounts below. Numbers already under the accounts represent the prior balance in that account. Opening T-Account Balances 3.Prepare a trial balance for February. Submit your worksheets in Dropbox by SUNDAY, 10/30/22 at 11:59pm