Need as soon as possible please and thank you

Water Way Company is a service based company that rents canoes for use on local lakes and rivers and has the completed the following merchandising following post-closing balances at December 31, 2024. transactions: (Click the icon to view the post-closing balances.) (Click the icon to view the transactions.) At the beginning of the new year, Water Way Company The following T-accounts in the ledger have decided to carry and sell T-shirts with its logo printed on been opened for you using the post-closing them. Water Way Company uses the perpetual inventory balances from December 31, 2024: system to account for the inventory: (Click the icon to view the accounts.) Read the requirement Begin by journalizing the transactions. (Record debits first, then credits Exclude explanations from any journal entries. Assume the company uses the net amount to record sales.) Jan. 1. Purchased 16T-shirts at $10 each and paid cash. Jan. 2. Sold 14 T-shirts for $16 each, total cost of $140. Received cash. Begin by preparing the entry to joumalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the followina steo. Requirement Joumalize and post the transactions. Compute each account balance, and denote the balance as Bal. Omit explanations. (Assume the company uses the net amount to record sales.) Reference Reference More info More info Cash, Accounts Receivable, Merchandise Inventory, Estimated Returns Inventory, Office Supplies, Prepaid Rent, Land, Building, Accumulated Depreciation-Building, Canoes, Accumulated Depreciation-Canoes, Accounts Payable, Utilities Payable, Telephone Payable, Wages Payable, Refunds Payable, Interest Payable, Uneamed Revenue, Notes Payable, Common Stock, Retained Earnings, Income Summary, Sales Revenue, Canoe Rental Revenue, Cost of Goods Sold, Rent Expense, Wages Expense, Utilities Expense, Telephone Expense, Supplies Expense, Depreciation Expense-Building, Depreciation Expense-Canoes, Interest Expense