Journalize with the information attached, please ## Billy Bob's Barber Shop Project### Transactions for February 2022Use the following transactions to complete the first month of Billy Bob’s Barber Shop.#### February Transactions- **Feb. 1**: Billy Bob paid cash for 60 bottles of shampoo/conditioner at $10 each. These are for resale. Uses the FIFO method for inventory.- **Feb. 1**: Purchased supplies on account, $500.- **Feb. 4**: Paid cash for the utility bill received last month.- **Feb. 4**: Collected cash from customers on account, $350.- **Feb. 6**: Paid cash on the amount owed on account, $330.- **Feb. 12**: Paid the hair stylist cash of $1,200. (Note: Salaries were recorded as an expense at the end of January.)- **Feb. 10**: Sold 45 bottles of shampoo/conditioner at $30/bottle receiving cash.- **Feb. 10**: Paid cash for 50 bottles of shampoo/conditioner at $11 each for resale.- **Feb. 14**: Billy Bob sold 30 preloaded haircut cards for $150 each. Each card entitles the holder to 10 haircuts. (Note: Billy receives cash but owes services.)- **Feb. 15**: Provided haircuts to 295 paying customers and 25 preloaded cardholders at $20 each.- **Feb. 24**: Sold 41 bottles of shampoo/conditioner at $30/bottle receiving cash.- **Feb. 26**: Paid the hairstylist cash of $1,200.- **Feb. 26**: Purchased 30 bottles of shampoo/conditioner at $12 each on account for resale.- **Feb. 27**: Sold 29 bottles of shampoo/conditioner at $20/bottle receiving cash.- **Feb. 28**: Provided haircuts to 278 paying customers and 33 preloaded cardholders at $20 each.- **Feb. 28**: Collected cash from customers on account, $960.- **Feb. 28**: Paid salary of $3,800 and a dividend of $600 for February.### Adjustment Information at February 28th, 20221. Record one month (February) of depreciation on the fixed assets.

Name: Journalize with the information attached, please ## Billy Bob's Barber
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Journalize with the information attached, please ## Billy Bob's Barber Shop Project### Transactions for February 2022Use the following transactions to complete the first month of Billy Bob’s Barber Shop.#### February Transactions- **Feb. 1**: Billy B