Use the information shown below and the Bright Landscapes Practice Set Excel Workpapers in blackboard to complete Bright Landscapes' accounting cycle for the month of July, 2022, by: 1. Recording the transactions (on page 5 of this packet) in the general journal (Sheet 1 of excel). Background: In March 2001, a group of individuals formed the Bright Landscapes Corporation. At the time of incorporation, Bright was given authorization to sell 100,000 shares of common stock with a $4 par value. As of June 30, 2022, 15,000 shares were issued and outstanding The goal of Bright Landscapes is to provide quality trees and shrubs, as well as law and garden tools, to its customers at low prices. To keep these low prices, Bright sells the landscapes materials but does not provide planting services. Although Bright has some over-the-counter cash sales of merchandise to individuals, its largest amount of business results from credits sales to contractors and businesses Bright has a calendar year end, however, a one month period of time will be used in this practice set with adjusting entries prepared at month end of July 31, 2022. Bright uses a perpetual inventory system, but will record the cost of items sold at the end the month through an adjusting entry. Not all accounts will have transactions in the month of July, Joly July hy wys July July 10 So 10.00 uro.com.ch for : Entered in a sing solice pot formos per maand the entiredo Purchased inventary on croafro Green Nurseries,514.000 ferm ann, wie 900 to 1,30 involce 10172 dotice supplies from Chesterfield Office Supplies Paids 5 Bente Note payable, plutocad 630 Bold merchandise to various individuals of sly Purchased advertising of $300 Sold mechandise on card to Win Properties 53,500,tomm 210/30 T90 Recived yet from Watson Properties for merchandiw oldulys Taid for office supplier purchased from Chesterfield Onlice Supplies on July Joly 10 July 15 July 20 July 24 Paid for inventory purchased on condit doom Setinde menn Cash Sales for the month of to July 31 2002 Bright Landscapes Practice Set Hunter S. Instructions: Use the information shown below and the Bright Landscapes Practice Set Excel Workpapers in blackboard to complete Bright Landscapes' accounting cycle for the month of July, 2022, by: 1. Recording the transactions (on page 5 of this packet) in the general journal (Sheet 1 of excel Background: In March 2001, a group of individuals formed the Bright Landscapes Corporation. At the time of incorporation, Bright was given authorization to sell 100,000 shares of common stock with a $4 par value. As of June 30, 2022, 15,000 shares were issued and outstanding. The goal of Bright Landscapes is to provide quality trees and shrubs, as well as law and garden tools, to its customers at low prices. To keep these low prices, Bright sells the landscapes materials but does not provide planting services. Although Bright has some over-the-counter cash sales of merchandise to individuals, its largest amount of business results from credits sales to contractors and businesses. Bright has a calendar year end, however, a one month period of time will be used in this practice set with adjusting entries prepared at month end of July 31, 2022. Bright uses a perpetual inventory system, but will record the cost of items sold at the end of the month through an adjusting entry. Not all accounts will have transactions in the month of July. 46 ya July July 2 Auly 3 Sa 10.000 shares of common coepershare. to go office que forturile morti Soed paid teemade Purchased to credit from recundaries, 514,000 1/10, 1891 Puched in condition Chesterfield Office Supplies, 100215,6/19172 Puids 5.800_n the Mate payable, plus interest rund 30 Salled witviduslofs ry cho nn ng 10 Sald credit to Wo Properties 53,500 terms 2/10/30 Julys Aly 10 May 10 Buy is My 2 Record Properties forced on July 15 May 21 Posteriores putand from Chesterfield Office Supplies July 5 red for inventory purchased on credit from Southandelen Cash Sales for the whos y los 5 Use the information shown below and the Bright Landscapes Practice Set Excel Workpapers in blackboard to complete Bright Landscapes' accounting cycle for the month of July, 2022, by: 1. Recording the transactions (on page 5 of this packet) in the general journal (Sheet 1 of excel). Background: In March 2001, a group of individuals formed the Bright Landscapes Corporation. At the time of incorporation, Bright was given authorization to sell 100,000 shares of common stock with a $4 par value. As of June 30, 2022, 15,000 shares were issued and outstanding The goal of Bright Landscapes is to provide quality trees and shrubs, as well as law and garden tools, to its customers at low prices. To keep these low prices, Bright sells the landscapes materials but does not provide planting services. Although Bright has some over-the-counter cash sales of merchandise to individuals, its largest amount of business results from credits sales to contractors and businesses Bright has a calendar year end, however, a one month period of time will be used in this practice set with adjusting entries prepared at month end of July 31, 2022. Bright uses a perpetual inventory system, but will record the cost of items sold at the end the month through an adjusting entry. Not all accounts will have transactions in the month of July, Joly July hy wys July July 10 So 10.00 uro.com.ch for : Entered in a sing solice pot formos per maand the entiredo Purchased inventary on croafro Green Nurseries,514.000 ferm ann, wie 900 to 1,30 involce 10172 dotice supplies from Chesterfield Office Supplies Paids 5 Bente Note payable, plutocad 630 Bold merchandise to various individuals of sly Purchased advertising of $300 Sold mechandise on card to Win Properties 53,500,tomm 210/30 T90 Recived yet from Watson Properties for merchandiw oldulys Taid for office supplier purchased from Chesterfield Onlice Supplies on July Joly 10 July 15 July 20 July 24 Paid for inventory purchased on condit doom Setinde menn Cash Sales for the month of to July 31 2002 Bright Landscapes Practice Set Hunter S. Instructions: Use the information shown below and the Bright Landscapes Practice Set Excel Workpapers in blackboard to complete Bright Landscapes' accounting cycle for the month of July, 2022, by: 1. Recording the transactions (on page 5 of this packet) in the general journal (Sheet 1 of excel Background: In March 2001, a group of individuals formed the Bright Landscapes Corporation. At the time of incorporation, Bright was given authorization to sell 100,000 shares of common stock with a $4 par value. As of June 30, 2022, 15,000 shares were issued and outstanding. The goal of Bright Landscapes is to provide quality trees and shrubs, as well as law and garden tools, to its customers at low prices. To keep these low prices, Bright sells the landscapes materials but does not provide planting services. Although Bright has some over-the-counter cash sales of merchandise to individuals, its largest amount of business results from credits sales to contractors and businesses. Bright has a calendar year end, however, a one month period of time will be used in this practice set with adjusting entries prepared at month end of July 31, 2022. Bright uses a perpetual inventory system, but will record the cost of items sold at the end of the month through an adjusting entry. Not all accounts will have transactions in the month of July. 46 ya July July 2 Auly 3 Sa 10.000 shares of common coepershare. to go office que forturile morti Soed paid teemade Purchased to credit from recundaries, 514,000 1/10, 1891 Puched in condition Chesterfield Office Supplies, 100215,6/19172 Puids 5.800_n the Mate payable, plus interest rund 30 Salled witviduslofs ry cho nn ng 10 Sald credit to Wo Properties 53,500 terms 2/10/30 Julys Aly 10 May 10 Buy is My 2 Record Properties forced on July 15 May 21 Posteriores putand from Chesterfield Office Supplies July 5 red for inventory purchased on credit from Southandelen Cash Sales for the whos y los 5