Analyze and record the following transactions in the General Journal. Where indicated, use the account names provided. Each transaction requires a suitable explanation.

20May 1 Janis Kennedy has invested $25,000 cash in a shoe store. The money was deposited into the company's bank account.

2 Rented a building from Greenway Properties for $1,600 per month, making the payment for May rent by Cheque #1.

3 Bought store fixtures from Consolidated Enterprises, $1,650. Issued Cheque #2. (Furniture & Fixtures)

3 Bought wrapping materials, $185.30. Issued Cheque #3. (Wrapping Supplies Expense)

4 Bought a company car from Carman Auto Sales, $16,500. Paid $10,000 down (Cheque #4) with the balance due in 90 days; Purchase Invoice #8625. (Vehicles)

5 Bought merchandise, $2,825, from Dominion Shoe Co.; Purchase Invoice #842. This invoice must be paid within 30 days.

6 Cash sales, $420.15.

9 Sold merchandise on account, $297.50, to Tom Sanborn on Sales Invoice #1. Payment is due in 20 days.

10 Cash sales, $464.75.

11 Sales on credit: A.W. Holroyd, $147.95; G.R. Robons, $63.50; F.W. Grant, $75. Sales Invoices #2, #3, and #4, respectively, due in 20 days. (Record this as a compound entry.)

13 Bought merchandise on account, $1,550, from Standard Footwear Ltd. Terms are net 30 days on Purchase Invoice #441.

15 Paid Dominion Shoe Co. $1,825 for the balance owing on Purchase Invoice #842. Issued Cheque #5.

16 Cash sales, $527.45.

17 Sales on credit: F.W. Grant, $223.50; A.W. Holroyd, $136.75; G.R. Robons, $119. Terms are net 20 days on Sales Invoices #5, #6, and #7, respectively.

18 Received a $60 cheque from F.W. Grant as partial payment on Invoice #4.

20 Cash sales, $746.95.

25 Sales on credit: A.W. Holroyd, $245; G.R. Robons, $32.95. Terms are net 20 days; Sales Invoices #8 and #9.

26 Bought merchandise, $895, from Dominion Shoe Co. Terms are net 10 days; Purchase Invoice #930.

29 Paid telephone bill, $80. Cheque #6.

29 Received a cheque from Tom Sanborn on Sales Invoice #1, $297.50; and from A.W. Holroyd on Sales Invoice #2, $147.95. (Record this as a compound entry.)