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question 1) question 2) Use the data below to prepare the multi-step income statement of Sentient Software for the year ended August 31,2023. (Click the
question 1) question 2) Use the data below to prepare the multi-step income statement of Sentient Software for the year ended August 31,2023. (Click the icon to view the closing entries.) \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Journal Entry } \\ \hline \multicolumn{2}{|c|}{ Date } & Accounts & Debit & Credit \\ \hline \multirow[t]{2}{*}{ August } & 31 & Sales Revenue & 445,000 & \\ \hline & & Income Summary & & 445,000 \\ \hline \multirow[t]{6}{*}{ August } & 31 & Income Summary & 351,000 & \\ \hline & & Sales Discounts & & 4,500 \\ \hline & & Cost of Goods Sold & & 250,000 \\ \hline & & Selling Expense & & 50,000 \\ \hline & & General Expense & & 44,000 \\ \hline & & Interest Expense & & 2,500 \\ \hline \multirow[t]{2}{*}{ August } & 31 & Income Summary & 94,000 & \\ \hline & & B. Brewer, Capital & & 94,000 \\ \hline \multirow[t]{2}{*}{ August } & 31 & B. Brewer, Capital & 46,000 & \\ \hline & & B. Brewer, Withdrawals & & 46,000 \\ \hline \end{tabular} Journalize, without explanations, the following transactions of Sports T - Shirts, a wholesaler that uses the porpentual inventory system, during the month of June 2023 June 3 Purchased $20,000 of inventory from a manutacture under terms of 1/10, neom and FOe shipping point. June 7 Retumed $2,900 of defective morchandise purchased on June 3 June 9 Paid treight bill of $830 on June 3 purchase. June 12 Paid amount owed on credit purchase of June 3. June 16 Granted a sales alowance of $2,000 on the portion of the June 10 sale that was ch account. June 23 Recelved cesh from June 10 customer in fut sottiement of the debt. June 3. Purchased $20,000 of invemtory trom a manufacturer under terms of 1/10, n/ecm and FOB shoping point. (Record deblis first, then credits. Exelude explanations from journal entrie Round amounts to the nearest whole dollar.)
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