Transaction #	Dr	Account #	Dollar Amount	Cr	Account #	Dollar Amount
1		No JE	EIN Evy Electric Bike shop
2	Dr	10000	$ 70,000.00	Cr	39003	$ 70,000.00
3	Dr	14000	$ 9,000.00	Cr	10000	$ 9,000.00
4	Dr	14050	$ 4,000.00	Cr	10000	$ 4,000.00
5	Dr	15100	$ 5,200.00	Cr	27050	$ 5,200.00
6	Dr	10000	$ 10,000.00	Cr	27000	$ 10,000.00
7	Dr	1305	$ 1,100.00	Cr	10000	$ 1,100.00

Finish the transaction on the Journal

Current Assets 10000 Cash 11000 Accounts Receivable 12000 Inventory - 26" Bikes 12050 Inventory - 20" Bikes 13000 Office Supplies 13050 Shipping Supplies 14000 Prepaid Rent 14050 Prepaid Insurance Current Liabilities 20000 Accounts Payable 23200 Wages Payable 23250 Interest Payable 23300 Sales Tax Payable 23400 Utility Payable 27000 Note Payable - Wells Fargo Bank 27050 Note Payable - Computer Inc. Stockholders' Equity 39003 Common Stock 39005 Retained Earnings 39007 Dividends Long-Term Assets 15000 Bike Racks 17000 Accumulated Depreciation - Bike Racks 15100 Computer Equipment 17100 Accumulated Depreciation - Computer Equipment Revenue 40000 Sales Expenses 50000 60100 60200 60300 60400 60500 60600 60700 Cost of Goods Sold Advertising and Promotion Expense Bank Service Fee Credit Card Expense Dues & Registration Fees Delivery Expense Insurance Expense Interest Expense 60800 60900 61000 61100 61200 61300 61400 61500 Legal Expense Office Supplies Expense Shipping Supplies Expense Depreciation Expense Rent Expense Wage Expense Utility Expense Gas Expense 1. 2. 3. Date Deposit No. Description Check No. 1/02/2022 Evy Scout met with her lawyer and CPA for advice on starting the business. The lawyer told Ms. Scout to register the company name Evy's Electric Bike Shop with the County of El Paso. In addition, Ms. Scout will get an Employer Identification Number (EIN) from the Internal Revenue Service (IRS) and get a sales tax permit from the state of Texas. 1/02/2022 Deposit #1 Ms. Scout opened a business checking account at Wells Fargo Bank by depositing $70,000. The corporation issued her a stock certificate for 7,000 shares of common stock. 1/03/2022 Ck #1001 Ms. Scout signed a one-year rental. She was required to pay $9,000 for rent for the months of January 1, 2022 - June 30, 2022. 1/03/2022 Ck #1002 Arranged for a general business liability insurance policy and paid $4,000 to State Penn Insurance. This premium is for twelve months coverage. 1/03/2022 Purchased a new computer system that cost $5,200 from Computer Inc. for use in the business. Ms. Scout signed a note payable for the cost of the system which will be repaid in 6 months at 10% interest. The computer system has an estimated useful life of five years, and the residual (salvage) value is $400. Only record the purchase of the computer equipment. 1/05/2022 Deposit #2 Signed a note payable to borrow $10,000 from Wells Fargo Bank. Interest is 12% annually and the note is to be repaid with interest in twelve months. Only record the note. 1/05/2022 Ck #1003 Paid $1,100 for shipping supplies. 4. 5. 6. 7. 1/06/2022 V1004 9. 1/09/2022 Ck 1005 10. 1/0/2022 CK1006 11. 1/0/2022 12. 1/09/2022 13. 1/13/2022 Ck 1007 14. 1/14/2022 15. 1/14/2022 Deposit 13 Paid $14,000 for Bike Racks. The estimated service life of these assets is 8 DOCIETY years. The residual salvage) value is $200. These items will be recorded as Bellacks and deprecated using straight-line depreciation in the adjusting entries. Only record the purchase of the racks. Arranged for Sun City Movers to make the delivery of the computer system and paid the delivery charge of $750. This charge should be added to the cost of the computer equipment purchased and deprecated on the same basis as the computer equipment. Only record the delivery Purchased $450 of office supplies from Olice Supplies Cousing cash Purchased $8,000 of merchandise Inventory (26" bikeson account. There were no credit terms for prompt payment Purchased $6,000 of merchandise inventory (20" bikes) on account. There were no credit terms for prompt payment Ms. Scout received and paid the $960 charge from her swyer Evy's Electric Bike Shop, Inc. is now open for business Sold merchandise for $11,200 cash. The sales tax for $924 was not included in the sale amount. The cost of the 26 bikes is 54.000; the cost of the 20 bikes is $1,600. This sale has to be delivered to the customer. The merchandise will be shipped FOB destination Pald $250 to ship the merchandise in transaction 815. Purchased additional 26 bikes on account for $5,000 Credit terms were 2/15, V30 Recorded cash sales that totaled $11,600. Sales tax of $957 was not included in the sale amount. The cost of merchandise sold was $5,000 (26 biles were $5.00020 bikes were $800. Ms Scout joined the El Paso Chamber of Commerce. She paid the registration fee of $200 Ms. Scout participated in a biking exibition held at the convention center She felt this was a pood way to publice her new business Convention Center charged Ms. Scout $800. She will be the billater. She considers this an advertising and promotion expense Ms. Scout paid the Convention Center rental Paid for the bikes purchased on 1/09/2022 Ms. Scout recorded cash sales totaling $7,600. Sales tax of 5627 was not included in the sale amount. The cost of the merchandise sold was $3,800 (26" bike $1,000:20" bike $2.800). Paid the balance due for the 26" bikes. There are two invoices Received but did not pay the ulty bill for the month $145 16. 1/16/2022 Ck 1005 17. 1/16/2022 18. 1/20/2022 Deposit #4 19. 1/22/2022 Ck 1009 20. 1/23/2022 21. 1/23/2012 22. 1/26/2022 Ck 1010 23. 1/26/2022 Ck01 24. 1/27/2022 Deposit 15 25. 1/27/2022 Ck 1012 26.1/30/2022