PArt 1 Create a Journal, Ledger, Unadjusted trial balance, and adjusted trial balance.

PArt: 2 Create a Journal, Ledger, Unadjusted trial balance, and adjusted trial balance.

Palisade Creek Co. is a merchandising business that uses the perpetual invent tem. The account balances for Palisade Creek Co. as of May 1, 2018, are follows: Assume all accounts have normal balances 110 Cash 112 Accounts receivable 115 Inventory 116 Estimated returns inventory 117 Prepaiisurance 118 Store supplies 123 Store equipment 124 Accumulated depreciation-store equipment 210 Accounts payable 211 Salaries payable 212 Customers refunds payable 310 Common stock 311 Retained earnings 312 Dividends 313 Income summary 410 Sales $83,600 233,900 624,400 28,000 16,800 11,400 569,500 56,700 96,600 50,000 100,000 585,300 135,000 5,069,000 Palisade Creek Co. is a merchandising business that uses the perpetual invent tem. The account balances for Palisade Creek Co. as of May 1, 2018, are follows: Assume all accounts have normal balances 110 Cash 112 Accounts receivable 115 Inventory 116 Estimated returns inventory 117 Prepaiisurance 118 Store supplies 123 Store equipment 124 Accumulated depreciation-store equipment 210 Accounts payable 211 Salaries payable 212 Customers refunds payable 310 Common stock 311 Retained earnings 312 Dividends 313 Income summary 410 Sales $83,600 233,900 624,400 28,000 16,800 11,400 569,500 56,700 96,600 50,000 100,000 585,300 135,000 5,069,000