Rifcond these fransactons on pape to Record these traneactions on pago it Required: 1. Joumalce the entries to record these transactions. Refer to the chart of accounts for the exact wording or the account ties. CNow journals do not use ienes for joumal explanations : Every une on a journat page is used for debit or credit entries. CNow journats will automatically indent a credi entry when a credit amount is entered. Assume 360 days a vear, Do not round your intermediate calculations and round finat answers to the nearest dollar. 2. If the bond porttoilo is classafied as an avalable-for-sale investment, now would 8 bo reporfed on the financial statements? Chart of Accounts So ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 611 interest Revenue 120 Accounts Recowable 612 Dividend frevenue 121 Alowance for Doubttul Aiccounts 631 Gain on Sale of Investments 131 Notes Receivable 641 Unvealized Gain on Trading Investments 132 Interest Receivable 141 Merchandise Inventory EXPENSES 145 office Supplies 511 Cost of Merchandise Sold 146 store Supplies 512 Bad Debx Exgense 151 Prepaid insurance 515 Credi Card Expense 161 Investments-Weich Co. Bonds 516 Cash Shent and over 162 Investments-Baloy Bonds 520 Salaries Expense 165 Valuation Allowance for Trading Imvestments 531 Advertising Expense 166 Valuation Allowance for Available-for-save investments 532 Detwery Expense 181 Land 533 Repairs Expense 191 store Equipment 534 Selling Expenses 192 Accumulated Depreciation-Store Equipment 535 Rent Expense 193 Ottice Equipment 536 Insurance Expense 194 Accumulated Deprociation Ottice Equipment 537 Once Supplies Expense 538 Store Supplies Expense UABILITIES 561 Depreciation Expense-Stoce Equipment 210 Accounts Payable 562 Depreciation Expense-Ofice Equipment 221. Notes Pavable 590 Mscellanecus Exnense Con el Aeroum: 103 oncefancent lianems 215 Noromets Payse 221 Notes Fryatis 201 vitereal Pawte 241 sateres Fryitik 25t tiakes Tar Foratie 535 Rent Expense 536 insurance Expente 597 chice Supples Expente 539 Store Supples Expense 561 Depreciation Expense-Stare Equipment 562 Depreciation Expense-Ofice Equipment 590 Miscellaneous Expense 710 interest Expense 731 Loss on Sale of investments 741 Unreakzed toss on Trading Investments X. Question not otrempted. Rifcond these fransactons on pape to Record these traneactions on pago it Required: 1. Joumalce the entries to record these transactions. Refer to the chart of accounts for the exact wording or the account ties. CNow journals do not use ienes for joumal explanations : Every une on a journat page is used for debit or credit entries. CNow journats will automatically indent a credi entry when a credit amount is entered. Assume 360 days a vear, Do not round your intermediate calculations and round finat answers to the nearest dollar. 2. If the bond porttoilo is classafied as an avalable-for-sale investment, now would 8 bo reporfed on the financial statements? Chart of Accounts So ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 611 interest Revenue 120 Accounts Recowable 612 Dividend frevenue 121 Alowance for Doubttul Aiccounts 631 Gain on Sale of Investments 131 Notes Receivable 641 Unvealized Gain on Trading Investments 132 Interest Receivable 141 Merchandise Inventory EXPENSES 145 office Supplies 511 Cost of Merchandise Sold 146 store Supplies 512 Bad Debx Exgense 151 Prepaid insurance 515 Credi Card Expense 161 Investments-Weich Co. Bonds 516 Cash Shent and over 162 Investments-Baloy Bonds 520 Salaries Expense 165 Valuation Allowance for Trading Imvestments 531 Advertising Expense 166 Valuation Allowance for Available-for-save investments 532 Detwery Expense 181 Land 533 Repairs Expense 191 store Equipment 534 Selling Expenses 192 Accumulated Depreciation-Store Equipment 535 Rent Expense 193 Ottice Equipment 536 Insurance Expense 194 Accumulated Deprociation Ottice Equipment 537 Once Supplies Expense 538 Store Supplies Expense UABILITIES 561 Depreciation Expense-Stoce Equipment 210 Accounts Payable 562 Depreciation Expense-Ofice Equipment 221. Notes Pavable 590 Mscellanecus Exnense Con el Aeroum: 103 oncefancent lianems 215 Noromets Payse 221 Notes Fryatis 201 vitereal Pawte 241 sateres Fryitik 25t tiakes Tar Foratie 535 Rent Expense 536 insurance Expente 597 chice Supples Expente 539 Store Supples Expense 561 Depreciation Expense-Stare Equipment 562 Depreciation Expense-Ofice Equipment 590 Miscellaneous Expense 710 interest Expense 731 Loss on Sale of investments 741 Unreakzed toss on Trading Investments X. Question not otrempted