Question
February 2021 Transactions: Notes: February Paydays: 12th and 26th. ? days of wage accrual: F-1 - On February 1, 2021, received cash into the bank
February 2021 Transactions: Notes: February Paydays: 12th and 26th. ? days of wage accrual:
F-1 - On February 1, 2021, received cash into the bank account from the credit card processing company, Central Coast Credit Union, for the January 2021 Credit Card Transactions. Processing fee is 2.5%.
F-2 - On February 1, 2021 CWS transferred $8,000 cash into a Certificate of Deposit (CD). This CD will yield 6% annual rate of interest and mature in 18 months.
F-3 - On February 2, 2021, CWS purchased Store Supplies using cash for $1,006.75 from Premier Distributing.
F-4 - On February 2, 2021, CWS recognized bank charges for $36.
F-5 - On February 2, 2021, CWS purchased merchandise with cash from Pipeline Surfwear for $16,700.
F-6 - On February 2, 2021, CWS received a bill (invoice) from the Law Office of C. Brown for $174.00.
F-7 - On February 7, 2021, CWS purchased merchandise on account from Pipeline Surfwear for $285.71.
F-8 - On February 10, 2021, CWS received a bill (invoice) from the Pacific Gas & Electric for $68.30.
F-9 - On February 12, 2021, CWS sold on account and rendered services of 5 hours of Surfing lessons to David Linthon.
F-10 - On February 12, 2021, CWS will pay the store clerk.
Please find journal entries for these
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