Requirement $1.$ Journalize required transactions, if any, in Bowes's general journal. Explanations are not required.

$($Record debits first, then credits. Exclude explanations from journal entries. For transactions that do not require an entry,

make sure to select $"$No entry required" in the first cell in the "Accounts" column and leave all other cells blank.$)$

Apr. $30$: Bowes is party to a patent infringement lawsuit of $$230,000.$ Bowes's attorney is certain it is remote that Bowes

will lose this lawsuit.

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