December 21: Purchased boating equipment for $14,000 from Boats Unlimited. Maquina Lodge paid $5,000, provided room rentals for $1,600 to Boats Unlimited, and promised to pay the balance 60 days. Journalize the transaction. Journal Entry Date Accounts Dec. 21 Boating Equipment Cash Debit Credit 14000 December 23: Maquina Lodge Collected $2,800 for rooms for a conference held from December 16 to 23.