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Required information [The following information applies to the questions displayed below) Tree Seedlings has the following current-year purchases and sales for its only product Units

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Required information [The following information applies to the questions displayed below) Tree Seedlings has the following current-year purchases and sales for its only product Units Acquired at cost 40 units @ $2 530 Units Sold at Retail 38 units January 1 January February 14 Peliruary 15 June 30 November November 1 osa 70 units Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals 53 $ 210 Gunits 90 units 54 - 8.58 36 units @58 20 units 220 units 95 - $ 100 750 176 units Record journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and UFO. All sales and purchases are made on account, and no discounts are offered. View transactions Required information Journal entry worksheet Record the sale of goods. Note: Enter debits before credits General Journal Debit Credit Date January 03 Record entre Com Journal entry worksheet Record the purchase of inventory. Note: Enter debits before credits. General Journal Date February 14 Debit Credit Record entry Clear entry View general journal Journal entry worksheet 1 2 3 3 4 > 5 6 7 8 9 Record the sale of goods. Note: Enter debits before credits. General Journal Debit Credit Date February 15 Record entry Clear entry View general journal Journal entry worksheet 9 6 8 1 3 4 7 2 5 Record the sale of goods. Note: Enter debits before credits. General Journal Debit Credit Date November 06 Record entry Clear entry View general journal Journal entry worksheet 8 9 7 1 2. 4 3 4.

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