1. Purchased store supplies costing $810 from Local Supply. Paid cash.

2. Paid Beach Office Supply the balance due on Seaside's account.

3. Sent a check for $340 to Local Supply to be applied to Seaside's June 2 purchase

4. Paid Nautical Industries the balance due on Seaside's June 28 purchase. You must determine the discount to be taken, if any. Seaside's creditors only grant discounts on the basis of full payment of a purchase within the discount period.

5. Sent a check for $1075 to Tackle Box Supply to be applied to Seaside's account

. 6. Seaside Marina was informed that the store equipment returned to Office Equipment Company had actually cost Seaside Marina $930 rather than $1,030. Office Equipment Company requested that Mr. Hobie remit a check for $100. Mr. Hobie sent the check.

7. Sold $200 of merchandise to Carl Jenkins on account; terms n/30; invoice #19.

8. Sold $1870 of merchandise to Pope's Charters on account; terms 2/10, n/30; invoice #20.

9. Sold merchandise to Sail Board City for $710 cash.

10. Paid freight of $193 on incoming purchases. These purchases were all FOB shipping point.

11. Paid $350 for June utilities.

12. Received payment for the balance due from Sail Board City, less discount.

13. The board of directors declared a $1050 dividend to be paid on July 2.

If anybody could shed some light on how to do these entries, and then tell me which journals/ledgers to post to then that would be great i will give 5 stars thank you!!

Journals Ledgers

1. General Journal 1. General Ledger 2. Sales Journal 2. Accounts Receivable Subsidiary Ledger 3. Purchases Journal 3. Accounts Payable Subsidiary Ledger 4. Cash Receipts Journal 5. Cash Payments Journal