Journal entry For June 28

What account is credited and debited?

June 28 Through a telephone order, two Jet Craft III personal watercraft were sold at an out-the-door selling price of $14,701.50 (includes sales tax of $1,089.00. The customer, Bridge Marina at Lake Oroville, paid for the watercraft with a bank credit card.

Merchandise listed on the sales invoice:

Stock Number.............Item......................Quantity....................Net Cost Per Unit

AA003....................JET CRAFT III...................2...........................$5,445.00

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June 28

The Jet Craft III personal watercraft was shipped to the Lake Oroville address. The $247.00 freight costs were charged to our account with a local freight carrier, Jacoby, Incorporated.

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June 28 Customer Barbara Bettencourt paid $280.80 cash (sales tax included) for 4.0 hours of service work on her Jet Ski personal watercraft. Barbara paid in full using her bank credit card.

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June 28 A check for $12,100.00 was received from customer Christine Nelson as payment in full for an invoice of May 29.