Bowling Corporation had the following transactions occur during February:
Bowling purchased $ in inventory on credit.
Bowling received $ in cash from customers for subscriptions that will not begin until the following month.
Bowling signed a note from Midwest Bank for $
Bowling sold all the inventory purchased in above for $ on account.
Bowling paid employees $ for some of the services performed during January.
Bowling purchased land for $ in cash.
Bowling received $ in cash from customers paying off some of Januarys accounts receivable.
Bowling paid dividends to stockholders in the amount of $
Bowling owes its employees $ for work performed during February but not yet paid.
Bowling paid $ on its accounts payable.
Bowling paid taxes in cash of $
Required:
Prepare journal entries for the above transactions.
