Please put these transactions into a General Journal as well as General Ledgers for Assets, Liability/ Eqity, Revenue/ Expenses.

OverPriced Jeans, Inc. - Transactions - Additional Information March 2021 Transactions Date March 1 Description of the Transaction Owners of OPJ invested an additional $56,000 cash into the business. The cash is put into Big Bank. As an emple of how to journalize and post transaction this transaction has already been tored into the General Journal and posted to the General Ledger DO March 1 Pay off the $60,000 Note Payable owed to Little Bank. The cash to pay off the note is taken out of Big Bank. Also pay to Little Bank $450 for interest owed on the Note Payable for February The $450 cash is also taken out of Big Bank. March 1 Take $5.550 cash out of Big Bank to pay for March's ront March 2 The customer that purchased on credit on February 15 pays $88,000 cash to pay off the amount due. The cash is deposited into Big Bank March 10 Sale of inventory to a customer-selling price $83,500 - cost of the inventory sold $24,000 The customer pays cash. The cash is deposited into Little Bank March 15 Take $25,000 cash out of Little Bank to pay employees for wages they have earned March 16 Purchase $73,750 of additional Inventory. OPJ will pay the manufacturer 50% of the $73,750 In 10 days. OPJ will pay the remaining 50% in 30 days March 17 Sale of inventory to a customer-selling price $119,000 - cost of the inventory sold $38,000. The customer will pay for the purchase in 30 days March 20 Sale of inventory to a customer selling price $178,500 -- cost of the inventory sold $33,500 The customer pays $25,500 cash that is deposited into Little Bank. The customer will pay the remaining amount in 30 days. March 22 Purchase inventory for $44,000 cash. The cash is taken out of Big Bank. March 26 Pay the manufacturer the 50% due on the March 16th purchase of inventory. The cash is taken out of Big Bank + DD March 30 Take 537.250 cash out of Little Bank to pay employees for wages they have eamed. Additional Information Note Payable Big Bank Interest due to Big Bank on the Note Payable for the month of March is 5695. As of March 31 OPJ owes Big Bank a total of $1.295 for interest ($600 for February $695 for March). Interest will be paid to Big Bank in June Directions Trans Chart Accts A Journal Ready GL Assets GL Liab-Equity GL Rov Over Priced Jeans, Inc. - Chart of Accounts Account # Account Name 100 105 110 120 150 Assets: Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment 200 210 215 220 225 Liabilities: Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank 300 305 Equity: Common Stock Retained Earnings 400 Revenues: Sales Revenue 500 510 515 520 Expenses: Cost of Goods Sold Rent Expense Wages Expense Interest Expense 6 Directions Ready Chart Accts Journal GL Assets GL Lieb-Equity GL Re OverPriced Jeans, Inc. - Transactions - Additional Information March 2021 Transactions Date March 1 Description of the Transaction Owners of OPJ invested an additional $56,000 cash into the business. The cash is put into Big Bank. As an emple of how to journalize and post transaction this transaction has already been tored into the General Journal and posted to the General Ledger DO March 1 Pay off the $60,000 Note Payable owed to Little Bank. The cash to pay off the note is taken out of Big Bank. Also pay to Little Bank $450 for interest owed on the Note Payable for February The $450 cash is also taken out of Big Bank. March 1 Take $5.550 cash out of Big Bank to pay for March's ront March 2 The customer that purchased on credit on February 15 pays $88,000 cash to pay off the amount due. The cash is deposited into Big Bank March 10 Sale of inventory to a customer-selling price $83,500 - cost of the inventory sold $24,000 The customer pays cash. The cash is deposited into Little Bank March 15 Take $25,000 cash out of Little Bank to pay employees for wages they have earned March 16 Purchase $73,750 of additional Inventory. OPJ will pay the manufacturer 50% of the $73,750 In 10 days. OPJ will pay the remaining 50% in 30 days March 17 Sale of inventory to a customer-selling price $119,000 - cost of the inventory sold $38,000. The customer will pay for the purchase in 30 days March 20 Sale of inventory to a customer selling price $178,500 -- cost of the inventory sold $33,500 The customer pays $25,500 cash that is deposited into Little Bank. The customer will pay the remaining amount in 30 days. March 22 Purchase inventory for $44,000 cash. The cash is taken out of Big Bank. March 26 Pay the manufacturer the 50% due on the March 16th purchase of inventory. The cash is taken out of Big Bank + DD March 30 Take 537.250 cash out of Little Bank to pay employees for wages they have eamed. Additional Information Note Payable Big Bank Interest due to Big Bank on the Note Payable for the month of March is 5695. As of March 31 OPJ owes Big Bank a total of $1.295 for interest ($600 for February $695 for March). Interest will be paid to Big Bank in June Directions Trans Chart Accts A Journal Ready GL Assets GL Liab-Equity GL Rov Over Priced Jeans, Inc. - Chart of Accounts Account # Account Name 100 105 110 120 150 Assets: Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment 200 210 215 220 225 Liabilities: Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank 300 305 Equity: Common Stock Retained Earnings 400 Revenues: Sales Revenue 500 510 515 520 Expenses: Cost of Goods Sold Rent Expense Wages Expense Interest Expense 6 Directions Ready Chart Accts Journal GL Assets GL Lieb-Equity GL Re