Im really lost on my study guide so these problems being solved would help a lot for studying

ventory Tradional Lot 21 points total At the beginning of March, Alpha Dog Company has the following count balances Data Gash $125.000 Account Revable $30,000 Inventory $16.250 Accounts Payable $21,250 Wapes Payable $5.000 Common Stock $75,000 Retained Earning $30,000 Sales Revenge $40,000 Cost of Goods Sold $10,000 Wages Expense $10,000 $161,250 3181,250 Part 1: Complete the journal entries for each of the following transactions a. Use the drop down menus to find the appropriate accounts for the yellow boxes Type in the correct values for each debit and credit. DR la On March 1st Company receives and pays cash for 220 units of inventory that cost $26 per unit 1b On March 2nd, the company returns 50 units of inventory and receives a corresponding return of cash in the amount of $1.200 ic On March th, the company sells 600 units of inventory at a sales price of $60 per unit on account. Recall they use the FIFO method for inventory Sales Price: Cost id On March 10th, the pays cash for 400 units of inventory that cost $27 per unit te. On March 15, the company pays $10,000 toward the amount owed on account at the beginning of the month It On March 1, sob Dog wil so units of inventory at a sales price of S60 per unit. Half of the customers pay in hand half charge their purchase on their Part 1b: Complete the table below to calculate Cost of Goods Sold and Ending Inventory for March. Units Total Beginning Inventory + Purchases Ending Inventory D Part 3aRatios Solve for the missing information designated by the highlighted areas (Points) Beginning inventory $ 3405 Ending Inventory Inventory Turnover Ratio Product 1 Product 3 Product 2 Purchases Cost of Goods Sold 880S 1,200 $ 1.560 $ 1.760 Days to Sell $ 230 80 23.4 8. Part 3: Complete the journal entries for each of the following transaction. a. Use the drop down menus to find the appropriate accounts for the yellow boxes. b. Provide the correct values for each debit and credit possible, use a formula to calculate your answer. DR CA Ba. On July 1, 2021, a company lent $40,000 cash to a dient by issuing a 5, 8-month note. The terms of the note require payment of all interest and principal when the note matures b. At the end of July the company estimates that 1.5% of the month's receivables, which total $45,000, will be collectible 3 In August, the company receives information indicating that $500 owed on account should be written off 3d. At the end of the year (on Dec 31, 20211, the company accrues interest on the note issued on July 1 for its financial statements. Assume no interest had previously been accrued on the note. Be. At the end of the year, the company is surprised to receive a $125 cash payment on an account they had previously written off. How would they record this? 3 Asuming that no additional interest accruals made after Dec 31st, 2021 (see 3b, abovel, what journal entries would be necessary to record the receipt of payments for the note at its maturity? Interest Principal venter Transactional Lot 21 posts total At the beginning of March, Alpha Dog Company has the following account balances: 5125.000 $30,000 516.250 Cash Accounts Receivable Inventory units) Accounts Payable Wapes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Wages Expense $21,250 $5,000 $75,000 $10,000 $40,000 $10,000 $10,000 $161,250 $181,250 Part 1: Complete the journal entries for each of the following transactions. a. Use the drop down menus to find the appropriate accounts for the yellow boxes Type In the correct values for each debit and credit. DR 1a. On March 1st.company receives and pays cash for 220 units of inventory that cost $26 per unit 1b. On March 2nd, the company returns 50 units of inventory and receives a corresponding return of cash in the amount of $1.300. 1c On March&th the company sells 600 units of inventory at a sales price of $60 per unit on account. Recall they sethe FIFO method for inventory Sales Price: Cost id On March 10th, the pays cash for 400 units of inventory that cost $27 per unit te. On March 15, the company pays $10,000 toward the amount owed on account at the beginning of the month It On March 1, Bob Dog wil so units of inventory at a sales price of 60 per unit. Hall of the customers pay in hand half charge their parchas on their ventory Tradional Lot 21 points total At the beginning of March, Alpha Dog Company has the following count balances Data Gash $125.000 Account Revable $30,000 Inventory $16.250 Accounts Payable $21,250 Wapes Payable $5.000 Common Stock $75,000 Retained Earning $30,000 Sales Revenge $40,000 Cost of Goods Sold $10,000 Wages Expense $10,000 $161,250 3181,250 Part 1: Complete the journal entries for each of the following transactions a. Use the drop down menus to find the appropriate accounts for the yellow boxes Type in the correct values for each debit and credit. DR la On March 1st Company receives and pays cash for 220 units of inventory that cost $26 per unit 1b On March 2nd, the company returns 50 units of inventory and receives a corresponding return of cash in the amount of $1.200 ic On March th, the company sells 600 units of inventory at a sales price of $60 per unit on account. Recall they use the FIFO method for inventory Sales Price: Cost id On March 10th, the pays cash for 400 units of inventory that cost $27 per unit te. On March 15, the company pays $10,000 toward the amount owed on account at the beginning of the month It On March 1, sob Dog wil so units of inventory at a sales price of S60 per unit. Half of the customers pay in hand half charge their purchase on their Part 1b: Complete the table below to calculate Cost of Goods Sold and Ending Inventory for March. Units Total Beginning Inventory + Purchases Ending Inventory D Part 3aRatios Solve for the missing information designated by the highlighted areas (Points) Beginning inventory $ 3405 Ending Inventory Inventory Turnover Ratio Product 1 Product 3 Product 2 Purchases Cost of Goods Sold 880S 1,200 $ 1.560 $ 1.760 Days to Sell $ 230 80 23.4 8. Part 3: Complete the journal entries for each of the following transaction. a. Use the drop down menus to find the appropriate accounts for the yellow boxes. b. Provide the correct values for each debit and credit possible, use a formula to calculate your answer. DR CA Ba. On July 1, 2021, a company lent $40,000 cash to a dient by issuing a 5, 8-month note. The terms of the note require payment of all interest and principal when the note matures b. At the end of July the company estimates that 1.5% of the month's receivables, which total $45,000, will be collectible 3 In August, the company receives information indicating that $500 owed on account should be written off 3d. At the end of the year (on Dec 31, 20211, the company accrues interest on the note issued on July 1 for its financial statements. Assume no interest had previously been accrued on the note. Be. At the end of the year, the company is surprised to receive a $125 cash payment on an account they had previously written off. How would they record this? 3 Asuming that no additional interest accruals made after Dec 31st, 2021 (see 3b, abovel, what journal entries would be necessary to record the receipt of payments for the note at its maturity? Interest Principal venter Transactional Lot 21 posts total At the beginning of March, Alpha Dog Company has the following account balances: 5125.000 $30,000 516.250 Cash Accounts Receivable Inventory units) Accounts Payable Wapes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Wages Expense $21,250 $5,000 $75,000 $10,000 $40,000 $10,000 $10,000 $161,250 $181,250 Part 1: Complete the journal entries for each of the following transactions. a. Use the drop down menus to find the appropriate accounts for the yellow boxes Type In the correct values for each debit and credit. DR 1a. On March 1st.company receives and pays cash for 220 units of inventory that cost $26 per unit 1b. On March 2nd, the company returns 50 units of inventory and receives a corresponding return of cash in the amount of $1.300. 1c On March&th the company sells 600 units of inventory at a sales price of $60 per unit on account. Recall they sethe FIFO method for inventory Sales Price: Cost id On March 10th, the pays cash for 400 units of inventory that cost $27 per unit te. On March 15, the company pays $10,000 toward the amount owed on account at the beginning of the month It On March 1, Bob Dog wil so units of inventory at a sales price of 60 per unit. Hall of the customers pay in hand half charge their parchas on their