June 18Issued Check 30421 for $422.50 As Payment in Full of Invoicea2298 from Alfredo's

June 18Issued check 30421 for $422.50 as payment in full of invoiceA2298 from Alfredo's Supply. Cash terms of net 10 are extendedby this vendor.

June 18Upon analysis of the Vandecamp Sports account, discovered thatinvoice V2011 dated May 19, had been misfiled and must be paidin full today (check number 30422). The balance of the invoice is$1,575.00, and Vandecamp Sports extends cash terms of 2/10,n/30.

June 18Purchased a special order, custom built, racing version, of theSlickfast 8000, personal watercraft, from Clear Water,Incorporated. The purchase invoice from Clear Water totals$9,700.00, with $9,500.00 the cost of the Jet Ski, and $200.00 thecharge for freight. Terms on invoice C3754 are 2/10, n/30 and thepersonal watercraft was shipped FOB shipping point.

June 19Issued check 30423 for $335.00 to Phillips Accountancy, Inc., foraccounting services received (invoice K5443).

June 19Issued check 30424 in payment of the June 9 invoice fromKawasaki, USA. Invoice K3355 totaling $43,450.00 lists cashterms of 2/10, n/30.

June 20Sold on account the special order Slickfast 8000 personalwatercraft and a custom trailer to customer Alex Bacon. Salesinvoice number G6045, shows the total sales price, including tax,to be $14,530.60. Divide this total by 1.07 (the sales price of100% plus the sales tax of 7%) to calculate the amount of the saleand then subtract to determine the amount of the sales tax. Cost ofthe special racing watercraft totaled $9,700.00.

June 20Issued check 30425 for $54.00 to the Gold Run Freight Company(invoice GR310 received today) as payment in full for delivery ofa customer Jet Ski. This transaction should be debited to anoperating expense account.

June 20Performed service work totaling $299.60, including tax, forcustomer Alex Fong (invoice number G6046). Alex paid in fullusing a Western National Credit Card. Calculate the amount billedfor the service fees and the correct amount of the sales tax.

June 20Received a check for $13,560 from customer Cheryl Newman aspayment in full on her account (invoice G6005).

June 20Issued check 30426 in payment of invoice ZM299 from ZeamanSprintcraft. Check the subsidiary ledger or the invoice of June 10and the debit memo of June 13 for specific information on thisliability. The cash terms offered by Zeaman Sprintcraft are 1/10,n/30.

Need Journal Entries for these statement transactions. Here are the Accounts 101 Cash 105 Accounts Receivable 107 Accounts Rec., Cr. Card Companies 115 Merchandise Inventory 201 Accounts Payable 205 Sales Tax Payable 401 Watercraft and Accessory Sales 402 Sales Returns and Allowances 411 Service Fees Earned 501 Cost of Goods Sold 505 Transportation-In 604 Advertising Expense 606 Delivery 607 Credit Card Expense 608 Tools expense