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The following post$-$closing trial balance was drawn from the accounts of Little Grocery Supplier $($LGS$)$ as of December $31,$

Year $1.$

Transactions for Year $2$

LGS acquired an additional $$9,500$ cash from the issue of common stock.

LGS purchased $$58,400$ of inventory on account.

LGS sold inventory that cost $$61,600$ for $$96,800.$ Sales were made on account.

The company wrote off $$1,350$ of uncollectible accounts.

On September $1,$ LGS loaned $$7,500$ to Eden Company The note had an $6$ percent interest rate and a one$-$year term.

LGS paid $$15,790$ cash for operating expenses.

The company collected $$72,840$ cash from accounts receivable.

A cash payment of $$47,990$ was paid on accounts payable.

The company paid a $$4,900$ cash dividend to the stockholders.

Accepted credit cards for sales amounting to $$3,100.$ The cost of goods sold was $$1,900.$ The credit card company

charges a $3$ percent service charge. The cash has not been received.

Uncollectible accounts are estimated to be $1\mathrm{.}5$ percent of sales on account.

Recorded the accrued interest at December $31,$ Year $2.$

$!$In your solution can you put the event numbers next to each T$-$account entry? Please and thank you!

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