Journal Entries
Jonathan Green Owns Gopher Greenhouses, a Gardening Centre $\quad$

question 57

Essay

Journal entries
Jonathan Green owns Gopher Greenhouses, a gardening centre (as a sole proprietorship). His first year of operations included the following selected events and transactions:
January:
$\quad$$\quad$ 1. He invested $ 300,000 in his business.
$\quad$$\quad$ 2. He bought a greenhouse for $ 100,000 cash.
May:
$\quad$$\quad$ 3. He hired a greenhouse supervisor at an annual salary of $ 34,000.
June:
$\quad$$\quad$ 4. He ordered and paid for a shipment of flowers costing $ 80,000.
$\quad$$\quad$ 5. He sold flowers for $ 40,000. Half of these sales were made on account.
August:
$\quad$$\quad$ 6. He received a deposit of $ 5,000 from a customer to put merchandise "on hold".
$\quad$$\quad$ 7. He paid current month's salaries of $ 3,000.
Instructions
Prepare all required journal entries.

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Definitions:

Hypoglycemia

A condition characterized by an abnormally low level of glucose (sugar) in the blood.

Electrolyte Levels

The concentration of minerals like sodium, potassium, and magnesium in the body, crucial for maintaining fluid balance and muscle function.

Catheter Insertion Site

The specific location on the body where a catheter (a flexible tube) is inserted into a vein or body cavity for treatment or diagnostic purposes.

Parenteral Nutrition

Nourishment provided through an IV, bypassing the digestive system, typically used for patients unable to eat or absorb food normally.