1. July 1

- Debit: Cash $132,000

- Debit: Computer System $50,000

- Debit: Office Equipment $10,000

- Credit: Common Stock $132,000

- Credit: Computer System $50,000

- Credit: Office Equipment $10,000

2. July 1

- Debit: Rent Expense $3,200

- Credit: Cash $3,200

3. July 1

- Debit: Inventory $82,000

- Credit: Accounts Payable (Jerry Rice Unlimited) $82,000

4. July 2

- Debit: Office Supplies $5,450

- Credit: Cash $5,450

5. July 2

- Debit: Prepaid Insurance $6,000

- Credit: Cash $6,000

6. July 3

- Debit: Inventory $19,000

- Credit: Accounts Payable (Donavon McNabb) $19,000

7. July 5

- Debit: Accounts Receivable (Aaron Rodgers) $52,850

- Credit: Sales $52,850

- Debit: Cost of Goods Sold $31,250

- Credit: Inventory $31,250

8. July 7

- Debit: Inventory $17,850

- Credit: Cash $17,850

9. July 10

- Debit: Cash $75,200

- Credit: Sales $75,200

- Debit: Cost of Goods Sold $48,400

- Credit: Inventory $48,400

10. July 10

- Debit: Accounts Payable (Jerry Rice Unlimited) $82,000

- Credit: Cash $82,000

11. July 15

- Debit: Cash $52,850

- Credit: Accounts Receivable (Aaron Rodgers) $52,850

12. July 18

- Debit: Accounts Payable (Donavon McNabb) $19,000

- Credit: Cash $19,000

Create an Unadjusted Trial Balance with these Journal Entries: Check Figure: 320,050 Total Debits