create inventory flow chart FIFO

JOURNALIZE THE FOLLOWING TRANSACTIONS 1. Invested $100,000 into JHJ Shoe Store 2. Purchased $10,000 in supplies on account 3. Purchased 1,000 shoes at $10 each 4. Purchased 3,000 shoes at $20 each 5. Purchased 5,000 shoes at $30 each 6. Purchased $100,000 in equipment with a 4-year life, paying $20,000 in cash and placed the remaining balance on a note. Equipment salvage is estimated to be $10,000 7. Cash sales of 3,000 shoes at $100 each 8. Sales on account, 5,000 pairs of shoes at $100.00 each AJE 9. Journalize adjusting entry for equipment depreciation, straight-line method AOE 10. Ending supplies $1,000; make adjusting entry 11. Paid $10,000 in dividends 12. Collections on sales on account $150,000 13. Payment on account payable $200,000 14. Payment on note payable, $10,000 interest and $10,000 principal 15. Paid salary expense $100,000