Question: Please also do the trial balance and balance sheet On 1, 2024, gal of Tripley the fflming Tne S31000 beginning balance ot inventor-y consists of

Please also do the trial balance and balance sheet
On 1, 2024, gal of Tripley the fflming Tne S31000 beginning balance

On 1, 2024, gal of Tripley the fflming Tne S31000 beginning balance ot inventor-y consists of 310 units. each costing SIOO During January 2024. the company had me following transactions: zee $37," zay plus af units off its S. ing Month-eM entries madling that WII not be collected b, interest revenue notes for _JamJary, c, interest expense on payaNe for January, d. Accrued income raves at tne ena Jar-,uan, S6000 Depreciation the building, 9,000 O Lent $30,000 to an employee by accepting a 6% note due in six months. Purchased 4,000 units of inventory on account for $440,000 ($110 each) with terms 1/10, n/30. O Returned 100 defective units of inventory purchased on January 5. O Sold 3,800 units of inventory on account for $532,000 ($140 each) with terms 2/10, n/30. Record the sale. Sold 3,800 units Of inventory on account for $532,000 ($140 each) with terms 2/10, n/30. Record the cost Of goods sold. Customers returned 200 units sold on January 15. These units were initially purchased by the company on January 5. The units are placed in irwentory to be sold in the future. return. Customers returned 200 units sold on January 15. These units were initially purchased by the company on January 5. The units are placed in inventory be sold in the future. Record the COSt Of the items returned. Received cash from customers on accounts receivable. This amount includes "7,000 from 2023 plus amount receivable on sale of 3,200 units sold on January 15. Wrote off aountS receivable from 2023. Record the transaction. paid on accounts payable. The amount includes the at the beginning Of the plus the amount owed from purchase of 3,500 units on January 5. paid cash for salaries during January, $38,000. Paid cash for utilities during January, 520,000. Paid dividends, 54,000. Of the remainirvg accounts receivable, the estimates that will not be collected. Record the adjusting entry for bad debts. 20 the adjng entry on the receivable for January. the entry fw expense n the for January. at end of $6,000. the adjng entry fu in. on the S3,OOO. the adjusting for Rwd the entry Record the closing temporary debit accounts. of H of of is its "an in ratio (b) ratio If 38%, is mare might me inv to tu rover ratio anc ratio wggg strategy? the a of appear b, of

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