Question
13 Sept. 13,2013 Tucker Boats purchased additional accessory merchandise from Fisherman's Warehouse at a cost of $860. Tucker agreed to the 15-day payment terms from
13 | Sept. 13,2013 | Tucker Boats purchased additional accessory merchandise from Fisherman's Warehouse at a cost of $860. Tucker agreed to the 15-day payment terms from Fisherman's and paid $40 cash to a trucking firm for transportation. |
14 | Sept. 13,2013 | Tucker Boats paid Admirable Advertising Agency $180 for a newspaper advertisement to carried in the Saturday, September 18 edition of the Las Vegas Gazette. |
15 | Sept. 14,2013 | After inspecting the merchandise from Fisherman's Warehouse on September 13, Joe noticed that part of the merchandise was damaged. Tucker Boats returned the damaged merchandise, which had cost $130, and received a debit memorandum from Fisherman's Warehouse. |
16 | Sept. 15,2013 | Art Jensen, a new customer, purchased fishing gear at a price of $335, paying cash. The merchandise was included in the September 13 purchase at a cost of $222. |
17 | Sept. 15,2013 | Joe was hopeful that his upcoming newspaper advertisement would bring in boat customers, so he purchased a 15-foot, Swellcraft fishing boat with a 25-horsepower outboard motor. Tucker Boats received an invoice for $7,800 from Swellcraft and paid $310 cash for transportation. |
18 | Sept. 18,2013 | Tucker Boats' advertisement in the morning paper paid off when Lance Layitover signed a sales contract to buy the Fast Glass Swellcraft ski boat for an "out-the-door" price of $18,999. The sale was contingent on Lance's arranging bank financing. |
19 | Sept. 18,2013 | Tucker Boats had a booth in the Nevada State Boat Show to be held Sunday, September 26, paying the organizers of the event $300. |
20 | Sept. 20,2013 | Lance delivered the bank's check for $17,000 and his own for the balance of $1,999 to finalize the sale of the Swellcraft ski boat. |
21 | Sept. 21,2013 | Tucker Boats paid Swellcraft the $11,500 it owed on its purchase of the Swellcraft ski boat. |
22 | Sept. 21,2013 | Henry finished repairs and maintenance jobs on several boats. Cash receipts for this work amounted to $1,755. |
23 | Sept. 22,2013 | Tucker Boats' advertisement was so successful that he paid another $180 for an advertisement in the September 24 morning edition of the Gazette. |
24 | Sept. 23,2013 | Tucker Boats purchased another Fast Glass Swellcraft ski boat with some additional options that weren't included in the one he sold. The invoice cost was $12,100, which he agreed to pay on the same terms as his first purchase. Transportation cost, which Tucker Boats paid in cash, was $515. |
25 | Sept. 23,2013 | Ski accessory sales for cash totaled $704 for the day. The cost of these sales was $425. |
26 | Sept. 24,2013 | Frank Hammons, an avid skier, purchased a slalom ski from the manufacturer's catalogue. He paid the entire $580 price and the ski was ordered because it was not in stock. |
27 | Sept. 24,2013 | Tucker Boats wrote a $730 check to pay Fisherman's Warehouse for its September 13 purchase. |
28 | Sept. 25,2013 | Accessories costing $545 were sold to Vivian Ellis for a price of $770. Joe's check of her credit qualified her for 30-day credit terms. |
29 | Sept. 25,2013 | Additional accessory merchandise costing $827 was purchased from Tackle and Line Shop. Shipping costs were paid for in cash ($23). Payment terms are 30 days. |
30 | Sept. 27,2013 | James Murphy, a long-time associate of Joe Tucker, had major repairs to his boat performed during the last week of September. Henry finished the repairs on this date and Murphy was billed $2,329. Payment from James is due in 30 days. |
31 | Sept. 28,2013 | Joe and his wife, Martha, who is the Vice-president of Tucker Boats, constitute the Board of Directors. They met and declared a $.30 per share cash dividend, to be paid on March 15, 2014
So basically im unsure of the journal entry to put for this: Tucker Boats wrote a $730 check to pay Fisherman's Warehouse for its September 13 purchase
Please Help! |
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