Required #1 Using Sage accounting software Open Crowe Swimwear. After company is open.> Click on "Maintain" at the top left comer of your screen. Click on Company Information.In the Company Name field, ADD your name at the end of the company name. Enter the following transactions for the first two months of business for Crowe's Swimwear. (Click on Tasks Menu General Journal Entry) Jun Rusty invested $40,000 cash in the company in exchange for 40,000 shares of $1 par, common stock 2 Purchased Store Equipment for $3,000. Paid $1,500 immediately but put the rest on account. 3 Prepaid 6 months rent in advance, $4, 800 4 Created a $100 Petty Cash account. 5 Purchased supplies for cash, $1,500 7 Purchased 50 black string bikinis, (model #211) for $5 each. (paid cash) 9 Purchased 100 black string bikinis, (model #211) for $8 each. (paid cash) 10 Purchased 70 red bathing suits, (model #848) for $14 each. (paid cash) 12 Purchased 30 red bathing suits, (model #848) for $20 each. (paid cash) 13 On the first day that the store was open, it sold 60 black bikinis for $100 each and 40 red bathing suits for $150 1 each-all sales were on store credit. (The store uses the LIFO method to account for cost of goods sold.) 14 Purchased a one year insurance policy for $1,200 15 Purchased 25 green thong bikinis, on account, (model #148) for $10 each. 18 Purchased 50 green thong bikinis, (model #148) for $12 each. (paid cash) 9 Page ACT1 10 Financial Accounting Sage Problem 19 Purchased 100 floral halter bathing suits, (model #877) for $20 each. (paid cash) 22 Purchased 60 floral halter bathing suits, (model #877) for $22 each. (paid cash) 24 The company declared and paid a $200 dividend to the sole shareholder 25 Collected $8500 of the amount owed from customers from the sales made earlier. 27 Paid the telephone bill, $95 28 Reimbursed the Petty Cash account. The fund contained:$6.00 and had the following receipts: Supplies $35.00 and Miscellaneous Expenses $58.00. 29 Paid the part-time worker, $250 30 Received the bank statement from the bank. The bank statement showed that the bank issued a credit memorandum for $33 interest earned and a debit memorandum for the $20 monthly service charge. After entering these two adjusting entries, the cash account shows $ 32,224. Merch. Inv-$5,580: CoGS $1,220