Please complete according to the table DO NOT CONFUSE BY CREATING DIFFERENT CHARTS!

[The following information applies to the questions displayed below] Roth Incorporated experienced the following transactions for Year 1, its rst year of operations: Issued common stock for $80,000 cash. Purchased $240,000 of merchandise on account. Sold merchandise that cost $152,000 for $302,000 on account. Collected $254,000 cash from accounts receivable. Paid $225,000 on accounts payable. Paid $58,000 of salaries expense for the year. Paid other operating expenses of $47,000. Roth adjusted the accounts using the following information from an accounts receivable aging schedule. - PP'WPl-\"NP Number of Days Percent Likely to Be Allowance Past Due Amount Uncollectible Balance Current $28,800 0.01 0 to 30 12,000 0.05 31 to 60 2,400 0.10 61 to 90 2,400 0.20 Over 90 days 2,400 0.50 Required 3. Record the given transactions in general journal form and post to T-accounts. Req A1 Req A2 Record the given transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet I A 1. Cash 80,000 Common stock 80,000 I. B 2. Merchandise inventory 240,000 Accounts payable 240,000 I' C 3a. Accounts receivable 302,000 Sales revenue 302,000 I' D 3b. Cost of goods sold 152,000 Merchandise inventory 152,000 /' 3b. Cost of goods sold 152,000 Merchandise inventory 152,000 I' 4. Cash 254,000 Accounts receivable 254,000 I. 5. Accounts payable 225,000 Cash 225,000 I' 6. Salaries expense 58,000 Cash 58,000 I. 7. Operating expenses 47,000 Cash 47,000 I' 8. Uncollectible accounts expense Req Al Req A2 Post the given transactions to T-accounts. Cash Common Stock Beginning Beginning Balance Balance Ending Balance Ending Balance Accounts Receivable Sales Revenue Beginning Beginning Balance Balance Ending Ending 0 Balance BalanceRequired information Beginning Balance Balance Beginning Balance Balance Beginning Balance Ending Balance