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please answer in charts Milo Clothing experienced the following events during Year 1, its first year of operation: 1. Acquired $19,000 cash from the issue
please answer in charts Milo Clothing experienced the following events during Year 1, its first year of operation: 1. Acquired $19,000 cash from the issue of common stock. 2. Purchased inventory for $5,200 cash. 3. Sold inventory costing $3,120 for $5,304 cash. 4. Paid $850 for advertising expense. Required a. Record the general journal entries for the preceding transactions. bT c. Prepare a trial balance to prove the equality of debits and credits. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required A Required B Required Post each of the entries to T-accounts. Cash Inventory Beg Bal Beg Bal End. Bal. End. Bal Common Stock Sales Revenue ices Beg Bal Beg Bal End Bal End. Bal Cost of Goods Sold Advertising Expense Beg Bal Beg Bal End. Bal End. Bal
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