Prepare journal entries for each transaction and journalize adjusting entires

The Chart of Accounts of Gear Out There (GOT) Inc. as at May 31, 2018 Allowance for doubtful accounts 1205 1300 Held for trading investmerts 1400 Total 1820 Current Assets Accumulated Depreciation-Store equipment Store equipment and Long-Term Assets Total GRAND TOTAL LIABILITIES Accounts payable 2140 Notes payable 2160 2170 2180 Shot-term Bank loan Corporate ihcome taxes Worksafe BC payable El payable CPP payable 2225 Payroll deductions GST colected on sales GST paid on purchases GST payable Interest payable Current Liabiiies Total Total LIABILITIES GRAND TOTAL TS 3000 to 3999 Share capital Retained earnings, curment Retained earnings previous year Retained earnings GRAND TOTAL EQUITY REVENUE ACCOUNTS 4000 TO 4999 4210 Sales returns Net Sales Dividend revenue Gain on salo assets 4300 Other Revenue REVENUE GRAND TOTAL 5020 Purchase disoounts 5040 of goods sold Goods Sold Bad debts expense 5620 5685 5750 interest expense Rent e 5760 es and benefts expense Worksafe BC Income tax General & 5780 expense GRAND TOTAL The Chart of Accounts of Gear Out There (GOT) Inc. as at May 31, 2018 Allowance for doubtful accounts 1205 1300 Held for trading investmerts 1400 Total 1820 Current Assets Accumulated Depreciation-Store equipment Store equipment and Long-Term Assets Total GRAND TOTAL LIABILITIES Accounts payable 2140 Notes payable 2160 2170 2180 Shot-term Bank loan Corporate ihcome taxes Worksafe BC payable El payable CPP payable 2225 Payroll deductions GST colected on sales GST paid on purchases GST payable Interest payable Current Liabiiies Total Total LIABILITIES GRAND TOTAL TS 3000 to 3999 Share capital Retained earnings, curment Retained earnings previous year Retained earnings GRAND TOTAL EQUITY REVENUE ACCOUNTS 4000 TO 4999 4210 Sales returns Net Sales Dividend revenue Gain on salo assets 4300 Other Revenue REVENUE GRAND TOTAL 5020 Purchase disoounts 5040 of goods sold Goods Sold Bad debts expense 5620 5685 5750 interest expense Rent e 5760 es and benefts expense Worksafe BC Income tax General & 5780 expense GRAND TOTAL