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Setup & Instructions: You just started your new job as a staff accountant for Auggie Gear, Inc., a company that sells Augsburg University clothing, mugs,
Setup \& Instructions: You just started your new job as a staff accountant for Auggie Gear, Inc., a company that sells Augsburg University clothing, mugs, hats, etc. You're pretty excited about your new job because you've heard all the stories about how accountant's are essentially the rock stars of the business world. The stories are true. Anyway, your company had transactions "A" through "H" noted below throughout the month of January 2021. Instructions - For each transactions "a" through " h " below: 1) First, record the necessary journal entry (utilize the "Chart of Accounts" below). 2) After recording each entry, post the effects of the Journal Entry to the appropriate T-accounts. Auggie Gear, Inc. Income Statement For the Month Ended January 31, 2021
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