Please complete the journal entries for the following events.

a) Jan. 6, 2020 - Cycle Path paid the salaries payable from 2019. b) Jan. 14, 2020 - The company acquired an additional $42,500 cash from the issue of common stock. c) Jan. 17, 2020 - The company paid $765 cash for supplies to be used by the business. d) Jan. 21, 2020 - Cycle Path purchased 35 bicycles and related gear for later sale at a cost of $16,142. The bicycles and related gear were purchased on account with the terms 1/10, n/30. e) Jan. 29, 2020 - Cycle Path decided to pay $4,200 of its accounts payable balance from event (d) before the discount period expired, so Cycle Path first applied the discount to the $4,200 amount so it could reduce its accounts payable balance (note: the actual payment is described in event (f) below). After applying this discount, Cycle Path's inventory cost was $460 for each item. f) Jan. 29, 2020 - Cycle Path paid cash to settle parts of its accounts payable balance as described in event (e). Feb. 12, 2020 - The company sold 24 bicycles and related gear for a total price of $15,300. Sales of $11,050 were on account, while $4,250 were cash sales. Record revenue. h) Feb. 12, 2020 - The cost to Cycle Path of each product sold in event (g) was $460. i) Feb. 17, 2020 - The company paid the workers a total of $7,140 in salaries. j) Feb. 28, 2020 - The company provided $30,600 of bicycle rental and repair services. The services were billed to the customers. k) Mar. 1, 2020 - Cycle Path rented a business van, paying $4,080 in advance for a one year rental. 1) Mar. 3, 2020 - Paid cash to settle additional accounts payable in the amount of $3,213. The payment was made after the discount period expired. m) Mar. 11, 2020 - Collected $32,300 of accounts receivable. n) Apr. 9, 2020 - Cycle Path performed $11,900 worth of bicycle rental and repair services for a local college; $10,200 was on account and $1,700 was for cash. o) May 1, 2020 - Paid $6,120 for one year's rent on office space in advance. p) May. 8, 2020 - Cycle Path purchased, and paid cash, for 8 bicycles and related gear for later sale at a cost of $474 each. q) May. 17, 2020 - The company paid accounts payable of $1,224, but not within the discount period (the company uses the gross method). r) s) t) Jun. 1, 2020 - Cycle Path rented a larger building; paid $5,610 for 12 months' rent in advance. Jun. 5, 2020 - Cycle Path purchased, and paid cash, for 12 bicycles and related gear for later sale at a cost of $480 each. Jun. 12, 2020 - Cycle Path purchased 15 bicycles and related gear for later sale at a cost of $486 each. The purchase was on account. Jun. 23, 2020 - The company sold 32 bicycles and related gear for a total price of $23,800. Sales of $17,000 were on account, while $6,800 were cash sales. Record revenue. Jun. 23, 2020 - Record the cost of goods sold related to the sale from event (u) using the perpetual FIFO method. u) v) w) Jul. 1, 2020 - Made a full refund to a dissatisfied customer who returned a bicycle. The sale had been a cash sale for $935 with a cost of $480. Record the revenue part of the event. x) Jul. 1, 2020 - Made a full refund to a dissatisfied customer who returned a bicycle. The sale had been a cash sale for $935 with a cost of $480. Record the cost part of the event. y) Jul. 15, 2020 - Paid employees a total of $9,350 cash for salaries employees earned during the current period. z) Aug. 24, 2020 - Provided $27,200 of bicycle rental and repair services during the year. The services were billed to the customers. aa) Sep. 30, 2020 - Recognized $680 of service revenue earned during the first nine months of the year; it had been collected in the prior year. bb) Oct. 1, 2020 - Sold additional bicycle rental and repair services worth $340 for one year's service, starting immediately. The customers paid cash for the full amount. cc) Nov. 13, 2020 - Collected $43,350 of accounts receivable. dd) Nov. 20, 2020 - Paid an additional $4,675 to settle some accounts payable; the payment was made after the discount period expired. ee) Dec. 27, 2020 - Paid $2,380 of advertising expense during the year. ff) Dec. 28, 2020 - Paid $3,553 of utilities expense for the year. gg) Dec. 28, 2020 - Paid $10,600 of other operating expense for the year. hh) Dec. 29, 2020 - Paid a dividend of $10,200 to the shareholders. ii) Dec. 31, 2020 - There was $537 of supplies on hand at the end of the year. jj) Dec. 31, 2020 - Recognized the expired rent from the prior year, van [event (k)], office space [event (o)], and the building (event r)] for the year. kk) Dec. 31, 2020 - Recognized revenue for the current year earned from event (bb). II) Dec. 31, 2020 - Accrued salaries at December 31 were $1,020. a) 100 Cash A+ Assets up Debits Credits 110 Accounts Receivable A- Assets down Jan. 6, 2020 - Cycle Path paid the salaries payable from 2019. Basic Acct Eq Date Account Names Impacts 1/6/20 L Salaries Payable A- Cash 884 120 Prepaid rent L+ Liabilities up 884 130 Supplies (on hand) L- Liabilities down SE+ Equity up 140 Inventory 150 Equipment b) SE- Equity down completed as an example =VLOOKUP(Z18,Events!$A$3:$B$40,2,0) Basic Acct Eq Date Account Names Impacts J Debits Credits 155 Accum. Deprec. (Equip.) 170 Land 210 Accounts Payable 220 Salaries Payable 240 Unearned Revenue c) Jan. 17, 2020 - The company paid $765 cash for supplies to be used by the business. Basic Acct Eq Date Account Names Debits Impacts Credits 250 Notes Payable 310 Common Stock 350 Retained Earnings 410 Dividends Declared d) 510 Service Revenue Jan. 21, 2020 - Cycle Path purchased 35 bicycles and related gear for later sale at a cost of $16,142. The bicycles and related gear were purchased on account with the terms 1/10, n/30. Basic Acct Eq Date Account Names Debits Credits Impacts 520 Product Sales 600 Cost of Goods Sold 610 Supplies Expense 640 Salaries Expense a) Jan. 6, 2020 - Cycle Path paid the salaries payable from 2019. b) Jan. 14, 2020 - The company acquired an additional $42,500 cash from the issue of common stock. c) Jan. 17, 2020 - The company paid $765 cash for supplies to be used by the business. d) Jan. 21, 2020 - Cycle Path purchased 35 bicycles and related gear for later sale at a cost of $16,142. The bicycles and related gear were purchased on account with the terms 1/10, n/30. e) Jan. 29, 2020 - Cycle Path decided to pay $4,200 of its accounts payable balance from event (d) before the discount period expired, so Cycle Path first applied the discount to the $4,200 amount so it could reduce its accounts payable balance (note: the actual payment is described in event (f) below). After applying this discount, Cycle Path's inventory cost was $460 for each item. f) Jan. 29, 2020 - Cycle Path paid cash to settle parts of its accounts payable balance as described in event (e). Feb. 12, 2020 - The company sold 24 bicycles and related gear for a total price of $15,300. Sales of $11,050 were on account, while $4,250 were cash sales. Record revenue. h) Feb. 12, 2020 - The cost to Cycle Path of each product sold in event (g) was $460. i) Feb. 17, 2020 - The company paid the workers a total of $7,140 in salaries. j) Feb. 28, 2020 - The company provided $30,600 of bicycle rental and repair services. The services were billed to the customers. k) Mar. 1, 2020 - Cycle Path rented a business van, paying $4,080 in advance for a one year rental. 1) Mar. 3, 2020 - Paid cash to settle additional accounts payable in the amount of $3,213. The payment was made after the discount period expired. m) Mar. 11, 2020 - Collected $32,300 of accounts receivable. n) Apr. 9, 2020 - Cycle Path performed $11,900 worth of bicycle rental and repair services for a local college; $10,200 was on account and $1,700 was for cash. o) May 1, 2020 - Paid $6,120 for one year's rent on office space in advance. p) May. 8, 2020 - Cycle Path purchased, and paid cash, for 8 bicycles and related gear for later sale at a cost of $474 each. q) May. 17, 2020 - The company paid accounts payable of $1,224, but not within the discount period (the company uses the gross method). r) s) t) Jun. 1, 2020 - Cycle Path rented a larger building; paid $5,610 for 12 months' rent in advance. Jun. 5, 2020 - Cycle Path purchased, and paid cash, for 12 bicycles and related gear for later sale at a cost of $480 each. Jun. 12, 2020 - Cycle Path purchased 15 bicycles and related gear for later sale at a cost of $486 each. The purchase was on account. Jun. 23, 2020 - The company sold 32 bicycles and related gear for a total price of $23,800. Sales of $17,000 were on account, while $6,800 were cash sales. Record revenue. Jun. 23, 2020 - Record the cost of goods sold related to the sale from event (u) using the perpetual FIFO method. u) v) w) Jul. 1, 2020 - Made a full refund to a dissatisfied customer who returned a bicycle. The sale had been a cash sale for $935 with a cost of $480. Record the revenue part of the event. x) Jul. 1, 2020 - Made a full refund to a dissatisfied customer who returned a bicycle. The sale had been a cash sale for $935 with a cost of $480. Record the cost part of the event. y) Jul. 15, 2020 - Paid employees a total of $9,350 cash for salaries employees earned during the current period. z) Aug. 24, 2020 - Provided $27,200 of bicycle rental and repair services during the year. The services were billed to the customers. aa) Sep. 30, 2020 - Recognized $680 of service revenue earned during the first nine months of the year; it had been collected in the prior year. bb) Oct. 1, 2020 - Sold additional bicycle rental and repair services worth $340 for one year's service, starting immediately. The customers paid cash for the full amount. cc) Nov. 13, 2020 - Collected $43,350 of accounts receivable. dd) Nov. 20, 2020 - Paid an additional $4,675 to settle some accounts payable; the payment was made after the discount period expired. ee) Dec. 27, 2020 - Paid $2,380 of advertising expense during the year. ff) Dec. 28, 2020 - Paid $3,553 of utilities expense for the year. gg) Dec. 28, 2020 - Paid $10,600 of other operating expense for the year. hh) Dec. 29, 2020 - Paid a dividend of $10,200 to the shareholders. ii) Dec. 31, 2020 - There was $537 of supplies on hand at the end of the year. jj) Dec. 31, 2020 - Recognized the expired rent from the prior year, van [event (k)], office space [event (o)], and the building (event r)] for the year. kk) Dec. 31, 2020 - Recognized revenue for the current year earned from event (bb). II) Dec. 31, 2020 - Accrued salaries at December 31 were $1,020. a) 100 Cash A+ Assets up Debits Credits 110 Accounts Receivable A- Assets down Jan. 6, 2020 - Cycle Path paid the salaries payable from 2019. Basic Acct Eq Date Account Names Impacts 1/6/20 L Salaries Payable A- Cash 884 120 Prepaid rent L+ Liabilities up 884 130 Supplies (on hand) L- Liabilities down SE+ Equity up 140 Inventory 150 Equipment b) SE- Equity down completed as an example =VLOOKUP(Z18,Events!$A$3:$B$40,2,0) Basic Acct Eq Date Account Names Impacts J Debits Credits 155 Accum. Deprec. (Equip.) 170 Land 210 Accounts Payable 220 Salaries Payable 240 Unearned Revenue c) Jan. 17, 2020 - The company paid $765 cash for supplies to be used by the business. Basic Acct Eq Date Account Names Debits Impacts Credits 250 Notes Payable 310 Common Stock 350 Retained Earnings 410 Dividends Declared d) 510 Service Revenue Jan. 21, 2020 - Cycle Path purchased 35 bicycles and related gear for later sale at a cost of $16,142. The bicycles and related gear were purchased on account with the terms 1/10, n/30. Basic Acct Eq Date Account Names Debits Credits Impacts 520 Product Sales 600 Cost of Goods Sold 610 Supplies Expense 640 Salaries Expense