The following information relates to transactions that took place in April for Trip n Trail Inc. Trip n Trail is located in Trail, BC, uses a perpetual inventory system, and uses the earnings approach for revenue recognition. 
Instructions
Prepare the journal entries to record these transactions.
Definitions:
One-Tailed Test
A hypothesis test in which the region of rejection is only on one side of the sampling distribution, used when a research hypothesis predicts a direction of the effect.
P-Value
The p-value measures the evidence against the null hypothesis, indicating the probability of observing the test results under the null hypothesis.
Two-Tailed
Pertains to a type of hypothesis test where the area of interest is in both tails of the distribution, indicating that deviations from the null hypothesis in either direction are considered.
Alternative Hypothesis
In statistical hypothesis testing, it is the hypothesis that suggests there is a significant difference between the parameters of two or more populations.
Q13: What is the approximate P-value for <img
Q17: A researcher wants to find out if
Q21: Would it be appropriate to use large
Q22: A study by the Poultry Research Center
Q52: Certain information from the financial records of
Q92: Under IFRS, companies have a choice on
Q114: When preparing the financial statements for 2021,
Q155: If the bond's contractual rate is 8%
Q163: HST is charged by which province?<br>A) Ontario<br>B)
Q172: Ratio analysis expresses the relationship among selected