A General Journal needs to be completed with the following transactions. I believe the first transaction for 02/02/2019, (Cash, Accounts Receivable) in the "General Journal" tab is incorrect.

CHAPTER 6 HOMEWORK PREVIOUs NExT ? Problem 3 : P6-39 Background This problem continues the Canyon Canoe Company situation from Chapter 5. At the beginning of January 2019, Canyn Canoe Company decided to carry and sell T-shirts with 'its logo on them. Canyon Cano Company uses the perpt inventory system and accounts for its merchandise using the FIFO inventory costing method. Canyon Canoe Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry then repeat these steps for each transaction 2) Click the Reports tab and review the results of recording these included in the Transactions section below. Canyon Canoe Company began 3) Under the Reports tab, review the Trial Balance generated as a each. 4) Click Submit Work when complete Transactions: 02/02/2019 Sold 60 T-shirts at $10 each on account. Terms, n/30. (Must calculate Cost of Goods Sold. Record two separate entries) 02/05/2019 Purchased 50 T-shirts on account for $6 each. Terms n/EOM. 02/07/2019 Sold 45 T-shirts for $10 each receiving cash. (Must calculate Cost of Goods Sold. Record two separate entries) 02/08/2019 Sold 20 T-shirts for $10 each on account. Terms n/30. (Must calculate Cost of Goods Sold. Record two separate entries) 02/10/2019 Canyon Canoe Company realized the inventory was running low, so it placed a rush order and purchased 20 T-shirts. The premium SAVE WoORK RESET RESULTS SUBMIT WORK REPORTSs February 1, 2019 - February 28, 2019 BUSINESS CoMPANY INFORMATION CHART OF GENERAL JOURNAL Account Debit Credit 02/02/2019 Accounts Receivable 10400 Cash 10100 ADD Row DELETE CHECKED Rows POST TO GENERAL LEDGER CANCEL