C D E Debit Credit 1 Date Account 9/1/2019 Cash 2 5,000 This example is Accounts Receivable 3 for Format & 5,000 content only To record customer payment on account 4 5 6 . 7 8 9 10 b. 11 12 13 14 CREATE JOURNAL ENTRIES FOR THE September 2019 TRANSACTIONS BELOW FOR 1. SUNFLOWER DESIGNS: a. On September 1, $250 of office supplies was purchased on credit; the terms of the invoice were net 30. All of the supplies were used during the month of September. b. On September 1, a 24-month liability insurance policy was purchased to cover Sunflower Designs. The full cost of the policy, $2,850, was paid in cash on the same date. c. On September 1, a desktop computer was purchased on credit totaling $975. The estimated useful life of the computer is five (5) years and is expected to have no salvage value. The invoice terms were 2/10, net 30. d. On September 5, Sunflower Designs purchased $2,700 worth of inventory items for resale. These items were purchased on credit and the invoice term is 2/10, net 30 e. On September 9, a check was issued to pay for the inventory purchased on September 5. f. On September 10, Sunflower Designs paid for the office supplies purchased on credit on September 1 g. On September 12, Sunflower Designs completed and delivered an interior design layout to a customer for $5,800. The customer had paid for the services in advance in a previous month, and Sunflower Designs had appropriately recorded the deposit. h. On September 14, Sunflower Designs completed, delivered, and billed an interior design layout for $13,800 to a new customer. The terms of the invoice were 2/10, net 30 i. On September 16, Sunflower Designs paid $4,525 in wages to a temporary employee. On the same date, the company remitted payroll taxes of $905, previously accrued, to the appropriate government entities. j. On September 18, Sunflower Designs received a refund of $22 from their office supply vendor for items that were returned on the September 1 purchase. k. On September 20, a customer paid the balance due for an interior design layout. The invoice for these services was sent to the customer on June 20, 2018. The contract price was $3,940. I. On September 24, Sunflower Designs sold a side table from inventory for $375. The inventory cost for this item was $150. The customer paid cash for this purchase. m. On September 26, $675 worth of inventory was returned to supplier because of defects. The inventory had been purchased on account in August and had not been paid for. n. On September 30, the customer delivered a check for one-half of the interior design invoice delivered on September 14