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Just need the journal entry done for each of these.... Debit/ Credit and the amount 000: No Journal Entry Required 100: Cash 120: Accounts Receivable

Just need the journal entry done for each of these.... Debit/ Credit and the amount

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  • 000: No Journal Entry Required
  • 100: Cash
  • 120: Accounts Receivable
  • 121: Allowance for Uncollectible Accounts
  • 125: Notes Receivable
  • 130: Interest Receivable
  • 135: Inventory
  • 136: Purchases
  • 137: Purchase Returns
  • 138: Purchase Discounts
  • 139: Freight-In
  • 140: Supplies
  • 145: Prepaid Rent
  • 146: Prepaid Insurance
  • 147: Prepaid Advertising
  • 160: Land
  • 165: Equipment
  • 166: Accumulated Depreciation
  • 167: Buildings
  • 201: Accounts Payable
  • 205: Salaries Payable
  • 210: Utilities Payable
  • 215: Interest Payable
  • 220: Income Tax Payable
  • 230: Deferred Revenue
  • 235: Notes Payable
  • 310: Common Stock
  • 330: Retained Earnings
  • 400: Service Revenue
  • 405: Sales Revenue
  • 406: Sales Discounts
  • 407: Sales Returns
  • 408: Sales Allowances
  • 410: Interest Revenue
  • 420: Gain
  • 500: Cost of Goods Sold
  • 505: Advertising Expense
  • 510: Depreciation Expense
  • 515: Supplies Expense
  • 520: Salaries Expense
  • 525: Entertainment Expense
  • 530: Utilities Expense
  • 535: Bad Debt Expense
  • 540: Interest Expense
  • 545: Rent Expense
  • 550: Income Tax Expense
  • 555: Insurance Expense
  • 560: Legal Fees Expense
  • 565: Service Fee Expense
  • 570: Repairs and Maintenance Expense
  • 575: Delivery Expense
  • 580: Postage Expense

these are all the account options (use these and only these if possible).

Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won't damage them. Suzie decides to have MU watches available for sale at the start of each clinic. The following transactions relate to purchases and sales of watches during the second half of 2022. All watches are sold for $500 each. Jul. 17 Purchased 50 watches for $7,500 ($150 per watch) on account. Jul. 31 Sold 40 watches for $20,000 cash Aug. 12 Purchased 40 watches for $6,400 ($160 per watch) cash. Aug. 22 Sold 30 watches for $15,000 on account. Sep. 19 Paid for watches purchased on July 17. Sep. 27 Receive cash of $9,000 for watches sold on account on August 22. Oct. 27 Purchased 80 watches for $13,600 ($170 per watch) cash Nov. 20 Sold 90 watches for $45,000 cash 4 Purchased 100 watches for $18,000 ($180 per watch) on account 8 Sold 40 watches for $20,000 on account Dec Dec Late in December, the next generation of multiuse (MU II) watches is released. In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the Internet. The demand for the original MU watches is greatly reduced. As of December 31, the estimated net realizable value of MU watches is only $100 per watch

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