Golden Lake Company is a service based company that rents canoes for use on local lakes and rivers. At the beginning of t decided to carry and sell T-shirts with its logo printed on them. Golden Lake Company uses the perpetual inventory system t January 2025, Golden Lake Company completed the following merchandising transactions: (Click the icon to view the transactions.) Read the requirements. Rev. = Revenue, Accts = Accounts, Inv. = Inventory) Post. Date 2025 Account Credited Ref. Cash DR Cash Receipts Journal Accounts Rec. CR Rev. CR Sales Other Cost of Good Accts CR Merchandis Jan. Help me solve this Etext pages Calculator here to search C T Clear mi an Sol on Jan. 1 Jan. 2 Jan. 3 Purchased 16 T-shirts at $15 each and paid cash. Sold 9 T-shirts for $21 each, total cost of $135. Received cash. Purchased 40 T-shirts on account at $18 each. Terms 3/10, n/30. em Jan. 7 Paid the supplier for the T-shirts purchased on January 3, less discount. Jan. 8 A Jan. 10 Ad Jan. 12 Jan. 14 Jan. 18 Jan. 20 Realized 7 T-shirts from the January 1 order were printed wrong and returned them for a cash refund. Sold 20 T-shirts on account for $21 each, total cost of $360. Terms 2/15, n/45. Received payment for the T-shirts sold on account on January 10, less discount. Purchased 120 T-shirts on account at $15 each. Terms 2/15, n/30. Golden Lake Company called the supplier from the January 14 purchase and told them tha some of the T-shirts were the wrong color. The supplier offered a $90 purchase allowance. Paid the supplier for the T-shirts purchased on January 14, less the allowance and discount Print Done Jan. 14 Jan. 18 Jan. 20 Jan. 21 Jan. 23 Jan. 25 Jan. 27 Purchased 120 T-shirts on account at $15 each. Terms 2/15, n/30. Golden Lake Company called the supplier from the January 14 purchase and told them that some of the T-shirts were the wrong color. The supplier offered a $90 purchase allowance. Paid the supplier for the T-shirts purchased on January 14, less the allowance and discount. Sold 70 T-shirts on account for $21 each, total cost of $1,051. Terms 1/20, n/30. Received a payment on account for the T-shirts sold on January 21, less discount. Purchased 300 T-shirts on account at $18 each. Terms 3/10, n/30, FOB shipping point. Paid freight associated with the January 25 purchase, $30. Jan. 29 Paid for the January 25 purchase, less discount. Jan. 30 Jan. 31 Sold 260 T-shirts on account for $21 each, total cost of $4,299. Terms 4/10, n/30. Received payment for the T-shirts sold on January 30, less discount. Requirements 1. Enter the transactions in a sales journal (page 2), a cash receipts journal (page 5, omit Sales Discounts Forfeited column), a purchases journal (page 7), a cash payments journal (page 6), and a general journal (page 4), as appropriate. 2. Total each column of the special journals. Show that total debits equal total credits in each special journal. Print Done Print Done