cio x v fix December 2013 1 ransactions 1 On December 1, Rocky Ram, Inc. received $17,000 from Kanga Roo Inc. for partial payment of account. (First entry journalized and posted for you.) 2 On December 1, Rocky Ram, Inc. received $9,000 in advance for renting office space to Bullwinkle, Inc. for the December 1, 2018 through February 28, 2018 3 On December 6, Rocky Ram, Inc. issued checks to Acne Corporation for $12,000, Bow & Arrow, Inc. for $8,000, and Boa Construction Inc. for $15,000 in payment on accounts. 2000 Cammen Sink Brodal 4 INTE LET On December 10, the company purchased supplies in the amount of $4,000 on account from Boa Construction Inc. (FOB Shipping Point, terms 1/10,n/30), order shipped in December 5 On December 10, Rocky Ram, Inc. received a check in the amount of $30,000 from Poodle & Co. in payment of account. 6 On December 15, Rocky Ram, Inc. made a sale in the amount of $80,000 to Poodle & Co (terms 2/10, n/30). The cost of the inventory sold was $55,000. Exploration RM Dalt Credit 7 On December 17, Board of Directors declared $8,200 in dividends to be paid in January, TIIII ILULULITEIT 8 On December 20, the company paid employees $31,000 for wages eamed during the period from December 1 through December 15, 2018 I 9 On December 25, received full payment from Poodle & Co. for sale made December 15 (16), within the discount period. 10 On December 25, Rocky Ram, Inc. made a sale in the amount of $140,000 to Bulldog Inc. (terms 2/10, n/30). The cost of the inventory sold was $90,000. 11 On December 28, Bulldog Inc returned goods purchased on December 25, in the amount of $14,000. The cost of inventory was $9,000. 12 On December 28, Rocky Ram, Inc. ordered inventory from Bow & Arrow, Inc. in the amount of $50,000 (FOB Destination, terms 2/10, 1/30, Inventory is expected to arrive sometime in January 13 On December 31, the company purchased office equipment costing $60,000. They paid $15,000 down on the equipment and signed a promissory note for the remaining balance. The note is due March 31, 2018 General Leder 14 On December 31, Rocky Ram, Inc. paid utility bills totaling $10,000 for utilities used during the month of December cio x v fix December 2013 1 ransactions 1 On December 1, Rocky Ram, Inc. received $17,000 from Kanga Roo Inc. for partial payment of account. (First entry journalized and posted for you.) 2 On December 1, Rocky Ram, Inc. received $9,000 in advance for renting office space to Bullwinkle, Inc. for the December 1, 2018 through February 28, 2018 3 On December 6, Rocky Ram, Inc. issued checks to Acne Corporation for $12,000, Bow & Arrow, Inc. for $8,000, and Boa Construction Inc. for $15,000 in payment on accounts. 2000 Cammen Sink Brodal 4 INTE LET On December 10, the company purchased supplies in the amount of $4,000 on account from Boa Construction Inc. (FOB Shipping Point, terms 1/10,n/30), order shipped in December 5 On December 10, Rocky Ram, Inc. received a check in the amount of $30,000 from Poodle & Co. in payment of account. 6 On December 15, Rocky Ram, Inc. made a sale in the amount of $80,000 to Poodle & Co (terms 2/10, n/30). The cost of the inventory sold was $55,000. Exploration RM Dalt Credit 7 On December 17, Board of Directors declared $8,200 in dividends to be paid in January, TIIII ILULULITEIT 8 On December 20, the company paid employees $31,000 for wages eamed during the period from December 1 through December 15, 2018 I 9 On December 25, received full payment from Poodle & Co. for sale made December 15 (16), within the discount period. 10 On December 25, Rocky Ram, Inc. made a sale in the amount of $140,000 to Bulldog Inc. (terms 2/10, n/30). The cost of the inventory sold was $90,000. 11 On December 28, Bulldog Inc returned goods purchased on December 25, in the amount of $14,000. The cost of inventory was $9,000. 12 On December 28, Rocky Ram, Inc. ordered inventory from Bow & Arrow, Inc. in the amount of $50,000 (FOB Destination, terms 2/10, 1/30, Inventory is expected to arrive sometime in January 13 On December 31, the company purchased office equipment costing $60,000. They paid $15,000 down on the equipment and signed a promissory note for the remaining balance. The note is due March 31, 2018 General Leder 14 On December 31, Rocky Ram, Inc. paid utility bills totaling $10,000 for utilities used during the month of December