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! Required information Use the following information for the Exercises 11-13 below. (Algo) (The following information applies to the questions displayed below.] Tree Seedlings has
! Required information Use the following information for the Exercises 11-13 below. (Algo) (The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product. = Date January 1 January 3 February 14 February 15 June 30 November 6 November 19 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Units Acquired at Cost Units Sold at Retail 110 units @ $2 = $ 220 90 units @ $ 8 156 units @ $3 $ 468 130 units @ $ 8 160 units @ $4 $ 640 128 units @ $ 8 48 units @ $5 $ 240 = = Totals 474 units $ 1,568 348 units Exercise 5-12 (Algo) Perpetual: Journalizing transactions LO P1 Journal entry worksheet Record the sale of goods. Note: Enter debits before credits. Date General Journal Debit Credit January 03 Record entry Clear entry View general journal Journal entry worksheet Record the cost of sale. Note: Enter debits before credits. Date General Journal Debit Credit January 03 Record entry Clear entry View general journal Journal entry worksheet Record the purchase of inventory. Note: Enter debits before credits. Date General Journal Debit Credit February 14 Record entry Clear entry View general journal Journal entry worksheet Record the purchase of inventory. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet 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
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