Palisade Creek Co. Unadjusted Trial Balance May 31, 20Y7. Comprehensive Problem 2. Part 3. Note: You must complete parts 1 and 2 before completing part 3.

Prepare and unadjusted trial balance. If an amount box does not require an entry, leave it blank.

Note: I absolutely can not figure out the unadjusted trial balance. If someone could figure out why im getting red X's THAT WOULD BE AMAZING.

Part 2 using the attached spresideheot as vow general ledper If an amount box does not require an entre. leave it blank. May 1: Paid rent for May, $5,000. May 3: Purchased merchandise on account from Martin Con, terms 2/10, N/30, FOB shipping point, $36,000. May 4: Paid freight on purchase of May 3, 4600 May 6: Sold merchandise on account to Korman Co- ternts 2/10, F/30, FOB shipping paint, 168.500, The cost of the me May 7 theceived $22.300 cash fram Hahtad Co, an actounte. acheor Mr Wores used May 7 : Recelved $22,300 cash from Halstad Co. on account. May 10: Sold merehandise for cash, 554,000 . The cost of the merchandise sold was $32,000. May 13i Paid for merchandise purchased on May 3, May 1S: Paid advertising expense for last hay of May, $11,000. May 16 Received caish from zale of May 6. how.com/media/js/manualGrading/previewlnWindow.html May 16: Received cash from sale of May 6. May 19: Purchased merchandise for cash, $18,700. May 19: Paid $33,450 to Buttons Co, on account. May 20: Paid Korman Co. a cash refund of $5,000 for damaged merehandise from sale of May 6. Korman Co. kei May 20i Sold merchandite en account to Crescent Co., termis 1/10, 1V10, Fak shapping peint 5110,009, The cizat iow.com/media/js/manualGrading/previewlnWindow.html May 20: 5old merchandise on account to Crescent Co, terms 1/10, n/30, FOB shipping point, 5110,000 , The co May 21: For the convenience of Crescent Cow, paid freight on sale of May 20, $2,300. May 211 fleceived \$42.900 cash from Gee Co, on account. May 21: Purchased merchandise on account from Duterman Coi. terms 1/10, n/30, FOE destination, 590,000. May 24: Returned damaged merchandise purchased on May 21, receiving a credit minem from the seller for 35.cop. ow.com/media/js/manualGrading/previewlnWindow.html May 26: Refunded cash on sales made for cash, 5800 , The defective merchandise was not returned by the custormef. May 28P Paid sales salaries of $56,000 and office salaries of $29,000. May 29p purchased store supplies foi cash, 32,400 . May 30. Sold merchandise on account to Turner Co., terms 2/10,n/30, FDE shipping point, 570,750 . The cost of the May 304. Received cash from sale of May 20 plus freight paid on May 21. May 31; Paid for purchase of May 21, less return of May 24. Tenihas + Cieas My Wat 1. Apply the rules of debit and credit of double-entry accounting to record the various tranaitions in the genera items purchased for resale are recorded in the Merchandise Imeentory account. Thervfore, the merchanidise iny merchandise a ayailable for sale at that point in time. In addition. a separate account is ured to record the cest 2. The postiog reference columin is left blank- whee the journal entry is intiatly fecerifad. Thia column is used to thin account ia entered in the posting reference of the general journal. - Rive Actetuann Palisade Creek Co. Unadjusted Trial Balance Part 2 using the attached spresideheot as vow general ledper If an amount box does not require an entre. leave it blank. May 1: Paid rent for May, $5,000. May 3: Purchased merchandise on account from Martin Con, terms 2/10, N/30, FOB shipping point, $36,000. May 4: Paid freight on purchase of May 3, 4600 May 6: Sold merchandise on account to Korman Co- ternts 2/10, F/30, FOB shipping paint, 168.500, The cost of the me May 7 theceived $22.300 cash fram Hahtad Co, an actounte. acheor Mr Wores used May 7 : Recelved $22,300 cash from Halstad Co. on account. May 10: Sold merehandise for cash, 554,000 . The cost of the merchandise sold was $32,000. May 13i Paid for merchandise purchased on May 3, May 1S: Paid advertising expense for last hay of May, $11,000. May 16 Received caish from zale of May 6. how.com/media/js/manualGrading/previewlnWindow.html May 16: Received cash from sale of May 6. May 19: Purchased merchandise for cash, $18,700. May 19: Paid $33,450 to Buttons Co, on account. May 20: Paid Korman Co. a cash refund of $5,000 for damaged merehandise from sale of May 6. Korman Co. kei May 20i Sold merchandite en account to Crescent Co., termis 1/10, 1V10, Fak shapping peint 5110,009, The cizat iow.com/media/js/manualGrading/previewlnWindow.html May 20: 5old merchandise on account to Crescent Co, terms 1/10, n/30, FOB shipping point, 5110,000 , The co May 21: For the convenience of Crescent Cow, paid freight on sale of May 20, $2,300. May 211 fleceived \$42.900 cash from Gee Co, on account. May 21: Purchased merchandise on account from Duterman Coi. terms 1/10, n/30, FOE destination, 590,000. May 24: Returned damaged merchandise purchased on May 21, receiving a credit minem from the seller for 35.cop. ow.com/media/js/manualGrading/previewlnWindow.html May 26: Refunded cash on sales made for cash, 5800 , The defective merchandise was not returned by the custormef. May 28P Paid sales salaries of $56,000 and office salaries of $29,000. May 29p purchased store supplies foi cash, 32,400 . May 30. Sold merchandise on account to Turner Co., terms 2/10,n/30, FDE shipping point, 570,750 . The cost of the May 304. Received cash from sale of May 20 plus freight paid on May 21. May 31; Paid for purchase of May 21, less return of May 24. Tenihas + Cieas My Wat 1. Apply the rules of debit and credit of double-entry accounting to record the various tranaitions in the genera items purchased for resale are recorded in the Merchandise Imeentory account. Thervfore, the merchanidise iny merchandise a ayailable for sale at that point in time. In addition. a separate account is ured to record the cest 2. The postiog reference columin is left blank- whee the journal entry is intiatly fecerifad. Thia column is used to thin account ia entered in the posting reference of the general journal. - Rive Actetuann Palisade Creek Co. Unadjusted Trial Balance