Can someone please Journalize the entries?
200910 nventory-inished Goods 200920 Inventory-Trading Goods Fig. 9 End-of-Period Adjusting Worksheet INSTRUCTIONS FOR COMPLETING THIS PROJECT 1. Enter a proper journal entry into the General Journal form for each transaction 2. 3. 4. below. Use the account numbers and account titles in the Chart of Accounts, be Post the transaction detail to the appropriate sub-ledger. Post totals of the detailed sub-ledgers to the general ledger. After you have posted all journal entries to the ledgers, calculate and enter the ending balance of each ledger account. Enter the account numbers and titles into the End-of-Period worksheet. Enter the ledger balances, keeping their "Debit" or "Credit" categories into the 5. 6. appropriate cells in the Unadjusted Trial Balance columns 7. There are NO adjusting entries to make. 8. Copy the balances of each account into the "Adjusted Balances" columns. 9. There are NO end of month closing entries to enter. 10. Upload a copy of your work sheets into the assignment area in Blackboard. 11. Complete the quiz concerning this assignment on Blackboard, as assigned. TRANSACTION DATA TRANSACTIONS Jan 1 Jan 2 Established LLC: Donated $1,500 in return for 150 membership shares Purchased a screen-printing machine for $2,000 on account with Sign Supply Co screen inks for $200 cash Jan 2 Purchased 10 slank e hte oa 0 cash from Purchased 100 blank tee shirts for $ 300 cash from Jan 5 Completed printing 50 tee shirts, consuming 25% of the ink on hand Jan 6 Paid $50 to TAMU-SA for booth at the Winter Student Fete an7 Sold 40 tee shirts for cash at the Winter Student Fete for (shirts sold for $15 each) Jan 8Paid $500 to Sign Supply Co. on account Jan 9 Sold 35 tee shirts on account to Tchotchke Trading at $10 each 200910 nventory-inished Goods 200920 Inventory-Trading Goods Fig. 9 End-of-Period Adjusting Worksheet INSTRUCTIONS FOR COMPLETING THIS PROJECT 1. Enter a proper journal entry into the General Journal form for each transaction 2. 3. 4. below. Use the account numbers and account titles in the Chart of Accounts, be Post the transaction detail to the appropriate sub-ledger. Post totals of the detailed sub-ledgers to the general ledger. After you have posted all journal entries to the ledgers, calculate and enter the ending balance of each ledger account. Enter the account numbers and titles into the End-of-Period worksheet. Enter the ledger balances, keeping their "Debit" or "Credit" categories into the 5. 6. appropriate cells in the Unadjusted Trial Balance columns 7. There are NO adjusting entries to make. 8. Copy the balances of each account into the "Adjusted Balances" columns. 9. There are NO end of month closing entries to enter. 10. Upload a copy of your work sheets into the assignment area in Blackboard. 11. Complete the quiz concerning this assignment on Blackboard, as assigned. TRANSACTION DATA TRANSACTIONS Jan 1 Jan 2 Established LLC: Donated $1,500 in return for 150 membership shares Purchased a screen-printing machine for $2,000 on account with Sign Supply Co screen inks for $200 cash Jan 2 Purchased 10 slank e hte oa 0 cash from Purchased 100 blank tee shirts for $ 300 cash from Jan 5 Completed printing 50 tee shirts, consuming 25% of the ink on hand Jan 6 Paid $50 to TAMU-SA for booth at the Winter Student Fete an7 Sold 40 tee shirts for cash at the Winter Student Fete for (shirts sold for $15 each) Jan 8Paid $500 to Sign Supply Co. on account Jan 9 Sold 35 tee shirts on account to Tchotchke Trading at $10 each
