Johnnycake Restaurant uses the gross method of accounting for purchases and a periodic inventory system. Prepare general journal entries to record the following transactions for Johnnycake: 
Definitions:
Bouquets
Arrangements of flowers that are typically gathered at the stems and can be given as gifts for various occasions.
Production Function
A mathematical relationship that describes how inputs like labor and capital are transformed into output.
J/L Ratio
The ratio of job vacancies to labor, often used to describe the labor market's health or tightness.
Cartoonists' Labor
The process and artistic effort involved in producing comics and animation, showcasing unique storytelling and visual humor.
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