As a manager of this company, you have to process the following current liability transactions:

Purchase of merchandise for a total amount of $ 8,000. Method of payment: $ 400 cash in cash per box; $ 3,600 in cash by bank check; For $ 3,000, a bill of exchange is accepted with maturity within three months and the remaining $ 1,000 is left to owe without further formality than to make its payment within six months.

After the three established months, the company pays the amount of the commercial paper through the bank account and accepts another commercial paper for the outstanding debt.

After six months, the company makes the payment of the previous effect through a demand savings account.

The expenses for external services accrued in the year were:

Rent of a commercial premise$ 400

Repair of the facilities of a building$ 250

Sales transportation$ 400

Real estate fire insurance premium$ 380

Ads in various advertising media$ 900

Electric power bills$ 270

Payroll Expenses

During the month under consideration, the company has paid the workers $ 1,000 in cash on account of their salaries.

The data corresponding to the monthly payroll are the following:

Gross amount$ 11,000

Withholdings from workers on account of their personal income tax$ 1,600

Deductions for Social Security contributions paid by workers$ 800

Social Security fees paid by the company$ 3,000

The net amount of the payroll, once the advance has been paid, is paid by bank to the workers, except for $ 300 that remains pending payment.

Debts with the Public Treasury, with Social Security and with the workers registered in the previous section are paid by bank.

You are asked to post the previous operations in the Journal book.