Main Street Tours provides historical guided tours of several U.S. cities. The company charges $250 per person for the eight-hour tour. For groups of four or more, a group discount of $50 per person is offered. Here is a selection of transactions during June:

Requirement

1. Journalize all transactions for Main Street Tours.

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Marlene booked a tour of Boston for June 5. She and three friends would be going on the tour; Marlene booked the tour for the entire group. Main Street Tours asks that payment for the tour be made in full within ten days after the tour; it offers a 5% discount for payment within that ten-day period. Marlene and her friends went on the tour of Boston. Near the end of the tour, the tour guide tripped on a step and twisted her ankle. Since the tour guide was unable to walk, the tour ended after seven hours instead of the full eight hours. Since the tour was shorter than planned, Marlene called the customer service representative for Main Street Tours and requested a discount. The representative agreed to give a discount of $200 in total for the tour. Marlene paid for the group tour. June 2 June 5 June 7 June 14