Computer Depot is a major computer store chain with locations across North Ame Download the Excel spreadsheet for Computer Depot in the module folder. The spi January 1st Common stock is issued in exchange for cash in the amount of ... February 8th The company purchases and pays for 300 units of computer reple March 1st The company pays cash for a one-year insurance policy in the an March 31st Rent on a retail space for 12 months is paid in the amount of ...... April 1st Diagnostic tools and testing equipment with a useful life of 2 year PC tuning supplies purchased on account in the amount of ......... May 15th The company purchases and pays for another 300 units of compu May 30th PC repair services are performed on account in the amount of .... June 1st The company pays for advertisements to be run for the next 12 m June 30th The company issues a 5-year notes payable with their bank for $1 Interest is due on June 30th each year and the principal will be p July 25th Software installation & upgrade services are performed on accou July 31st 120 units of computer replacement parts are sold for $75 per uni the gross method in the amount of (see note c for cost flow assun August 2nd Hardware replacement services are provided on account in the a August 6th The company receives full payment from the customer for the Jul September 15th Virus removal services are performed on account in the amount c September 29th Customer payments are received for services previously provided October 13th 136 units of computer replacement parts are sold for $75 per uni the gross method in the amount of ... October 29th The company receives payment for half of the October 13th sale November 1st Equipment originally purchased on April 1st for $3,000 is sold for November 15th A bookkeeper is hired to help the company with daily accounting December 15th The bookkeeper is paid $4,500 for the previous month's services Additional information: a. PC tuning supplies on hand at the end of the month are as follow: b. The year-end balance reported at the end of the year for the Allo is estimated as 2.5% of outstanding receivables at the end of the c. The Company uses a perpetual inventory system and accounts fo: flow assumption. On December 31st, a count of ending inventory replacement parts on hand. d. All revenue is recorded in the "Sales Revenue" account and repol e. The effective interest method is used to amortize bond premiums f. Adjustments are made at the end of the year for prepaid insuranc g. The bookkeeper is paid a salary of $4,500 on the 15th of every m h. The company declared dividends of $700 for the year i. Assume selling expenses include advertising and supplies expens and interest expense, are considered general & administrative. REQUIRED: PART A 1. Prepare journal entries for each transaction listed above (with de