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can someone help me journalize these and post to t account AC.CV 310 GBI la Date Deasdotion of Event 14 GBl received raw materiats inventory
can someone help me journalize these and post to t account
AC.CV 310 GBI la Date Deasdotion of Event 14 GBl received raw materiats inventory ordored from Space Bike Composites January 11. Shipping charges of 31.275 were incluxded in the invoice from Space Bike GBI received notice that Bunky's Bicycle Emporium had declared section 13 bankruptcy which meant GBi would rnot be able to collect the $2,260 that Bunky's owed them 15 GBI received a $91,410 funds transfer from Silicon Valley Dikes in Palo Alto for the balance due on their account 16 January 18 GBI paid Staples for the office supples they received earlier this month 17 January t9 SoCal Bikes in Irvine, CA placed an order for $3,300 in bicycle helmets for a special event in February. The merchandise cost GBi $1,930. SoCal sent a truck to the GBI distribution center in San Diego, CA and picked up the merchandise directly from GuI's warehouse. Terms of payment are net 30. (Don't forget to charg 18 Csalestaxof 875%for this order)-- Beantown Bikes in Boston, MA placed an order with GBl for $28,550 in bicyclos. The cost of the bicycles is $17,802. Beantown Bikes is a new customer. Its buyers saw GBI's booth at a trade show Because Beantown is a new customer, they must either wait until their credit can be approved or pay for the order before GBI will ship the bikes to them. 19 January 24 GBI has been offered the opportunity to advertise in the Bicycle Times online magazine for a reduced price if they pay for three months in advance. In light of the upcoming Tour de France, the advertising is a great opportunity for GBl to get additional recognition. The advertising will start in February. GBI wrotea check for $18,000 for three months of advertising. 20 January 25 21 January 26 GBI received notification from their bank that Beantown Bikes transferred the amount of their bicycle amount into GBI's account, so GBI's warehouse personnel shipped Beantown's order Beantown will be responsible for paying FedEx $360 for shipping the orderStep by Step Solution
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