Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account f Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary fournal entries for Evergreen for each of the above dates. For transactions involving ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account ff Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Sold merchandise to Lennox, Incorporated, for $10,000 and accepted a 6%,7 month note. 6% is an appropriate rate for this type of note. Record the transaction. Note: Enter debits before credits. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions inv ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first ace Journal entry worksheet Sold merchandise to Maddox Company that had a fair value of $7,520, and accepted a noninterest-bearing note for which $8,000 payment is due on March 31,2025 . Record the transaction. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field Nire Journal entry worksheet Note: Enter debits before credits. repare the necessary journal entries for Evergreen for each of the above dates. For transactions involving anore the entry for the cost of goods sold. lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account f Journal entry worksheet Note: Enter debits before credits. Prepare any necessary adjusting entries at December 31, 2024. Adjusting entries are only recorded at year-end. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchand ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Journal entry worksheet Lennox, Incorporated, paid the note amount plus interest to the bank. Record the transaction. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions in ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first a Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving th ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fie Journal entry worksheet Discounted the Lennox, Incorporated, note at the bank. The bank's discount rate is 8%. The note was discounted without recourse. Record the transaction. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving th ignore the entry for the cost of goods sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fie Journal entry worksheet 178910 A customer returned merchandise costing $3,700. Evergreen reduced the customer's receivable balance by $5,500, the sales price of the merchandise. Sales returns are recorded by the company as they occur. Record the transaction. Note: Enter debits before credits. Evergreen Company sells lawn and garden products to wholesalers. The company's fiscal year-end is December 31. During 2024. the following transactions related to recelvables occurred: February 28 Sold merchandise to Lennox, Incorporated, for $16,000 and accepted a 64, 7-zonth note. 64 is an appropriate rate for this type of note. March 31 Sold merchandise to Maddox Company that had a fair value of $7,520, and accepted a noninterest-bearing note for which $8,e80 payment is due on March 31, 2925. Aprit 3 sold merchandise to Carr Company for $5,500 with terms 3/10,9/30. Evergreen uses the gross method to account for cash discounts. April 11 collected the entire amount due fron Carr Company April 17 A customer returned merchandise costing \$3,709. Evergreen reduced the custoner's receivable batance by $5,500, the sales price of the merchandise. Sales returns are recorded by the company as they occur. April 30 Transferred receivables of $55,000 to a factor without recourse. The factor charged Evergreen a 28 inance charge on the receivables transferred. The sale criteria are met. June 30 Discounted the Lennox, Incorporated, note at the bank. The bank's discount rate is 8q. The note was discounted without recourse. Septenber 30 Lennox, Incorporated, paid the note anount plus interest to the bank. Required: 1. Prepare the necessary journal entries for Evergreen for each of the above dates. For transactions involving the sale of merchandise, ignore the entry for the cost of goods sold. 2. Prepare any necessary adjusting entries at December 31, 2024. Adjusting entries are only recorded at year-end. 3. Prepare a schedule showing the effect of the journal entries on 2024 income before taxes. merchandise, ignore the entry for the cost of goods sold. 2. Prepare any necessary adjusting entries at December 31,2024 . Adjusting entries are 3. Prepare a schedule showing the effect of the journal entries on 2024 income before Complete this question by entering your answers in the tabs below. Prepare a schedule showing the effect of the journal entries on 2024 income before taxes. Note: Decreases should be indicated with a minus sign