Use the information given to record in General Journal. Please use excel format or clearing state which account to debit or to credit.

Use the "2020 GL" worksheet to post each transaction. Notice that BA Tech has upgraded its system so that the GL uses the more traditional tabular form (not T-Accounts). The beginning balance has already been entered for each account, but you may need to add more rows in each account.

12/1/2020 - Paid an attorney the amount to the right in order to trademark the brand on BA Tech's new security app. The trademark has an indefinite life.	$ 50,000
12/1/2020 - Purchased inventory for the cost to the right - terms 3/10 n/30	$ 1,925,000
12/1/2020 - Issued new bonds for the amount to the right (i.e., this is the amount of cash BA Tech received).	$ 203,000
The bonds are payable in 10 years at 8% annual interest (first payment is due on January 1). The par value of the bonds is to the right.	$ 200,000
12/2/2020 - Paid for advertising used in the month of November, in the amount to the right (no entry has yet been made for this).	$ 5,250
12/6/2020 - Purchased a new machine to automate inventory management. The machine has a useful life of 10 years and a $10,000 salvage value.	$ 80,000
12/7/2020 - Sold merchandise for the price to the right (and shipped it). The customer paid BA Tech $50,000 on account (terms 2/10 n/30), and the remainder in cash.	$ 1,800,000
12/9/2020 - BA Tech started up a new security consulting practice. They signed a contract with a customer for the amount to the right. BA Tech requires that customers pay 50% of the fees upfront and the remainder once the job is complete. A deposit equal to 50% of the amount to the right was received today and work will begin in January of next year.	$ 28,000
12/12/2020 - Received payment from customers that had previously purchased merchandise on account. The cash received is shown to the right, however a 2% discount was appropriately applied by the customers (i.e., the Accounts Receivable balance that was paid off was greater than the amount received).	$ 1,881,948
12/20/2020 - The Board of Directors declared a cash dividend in the amount to the right. The dividend is to be paid on February 12 of next year to all "shareholders of record" as of December 29 of this year.	$ 1,500,000

General Journal Accounts Include:

Cash

Accounts Receivable

Allowance for Doubtful Accounts

Inventory

Merchandise Purchases

Buildings

Accumulated Depreciation-Building

Equipment

Accumulated Depreciation-Equipment

Trademark

Interest Payable

Accounts Payable

Bonds Payable

Premium on Bonds Payable

Dividends Payable

Unearned Sales Revenue

Unearned Consulting Revenue

Common stock

Additional Paid in Capital (Common Stock)

Retained Earnings

Sales Revenue

Sales Discount

Cost of Goods Sold

Salary Expense

Interest Expense

Advertising Expense

Bad Debt Expense

Depreciation Expense

Dividends