2010 Accounts Payable 5050 Insurance Expense Transactions August Bank deposit for $38,000 investment by the owner, Red Rhone, plus an investment 01 of computer equipment worth $5,000 02 Wrote Cheque #1 to Whyne Insurance for $1,890.00 ($1,800.00 plus GST $90.00) for insurance for one year 10 Issued Invoice #1003 Red Appreciators for full day cooking class $2,700.00 plus GST $135.00 = $2,835.00 17 Received Invoice 44933 from Victoria Daylight Newspaper for grand opening advertising that was published in the newspaper on Aug 3 for $240.00 plus GST $12.00 and PST $16.80 =$268.80 payable within 30 days 23 Deposited cash from sales summary sheet for wine tasting $7,200.00 plus GST $360.00. 24 Wrote Cheque #2 to Computers R-Red for the purchase of computer equipment $3,640.00 ($3,250.00 plus GST $162.50 and PST 227.50) 30 Received Cheque #145 from Red Appreciators for payment on account in full