journalise the transactions

Appendix A: Year-End Transactions 1. On December 20, 2020, a shipment arrived containing 10 chlorine cartridges, or 20 weeks supply, that are used to disinfect the pool water. The invoice price was $20,000 and the vendor offered extended terms so that payment is not due until June 30 of 2021. (3 marks) 2. On December 23, 2020, the company negotiated a new $250,000 line of credit with CIBC for the coming year, to be renegotiated again before the end of December 2021. (2 marks) 3. The winter months are in big demand and the policy of the park is for groups to pre- book their events. Many have already done so. On December 28, 2020, a cheque came in the mail in the amount of $17,000 from a corporate client. They had requested a booking of the entire park for January 2, 2021, for its employees and their families as a Christmas bonus. Back in mid-November, at the time of booking the client agreed to put down 50% as a deposit before year-end to secure the booking with the balance to be paid 15 days after the event. (3 marks) 4. On December 15, 2020, Mr. Burns agreed to purchase a new waterslide from a supplier. Mr. Burns went to the supplier's warehouse to personally pick out the new slide which was marked as 'Sold' in Mr. Burns presence. It was shipped on December 29, 2020 and will be installed before the water park opens next summer. The terms were FOB Shipping point. The cost of the new slide is $175,000. A bank draft was wired on December 29, 2020 for 25% of the cost of the slide. The remaining 75% of the balance is due in three separate instalments to be made on April 30 of 2021, 2022, and 2023. There is no interest charged on the balance owing (4 marks) 5. On November 01, 2020, the insurance company sent an invoice in the amount of $36,000 for the annual insurance policy covering the period December 01, 2020 - November 30, 2021. The payment was finally made on January 03, 2021, thanks to the 2 / 4 100% + 5. On November 01, 2020, the insurance company sent an invoice in the amount of $36,000 for the annual insurance policy covering the period December 01, 2020 - November 30, 2021. The payment was finally made on January 03, 2021, thanks to the broker having arranged a payment extension. (3 marks) 6. On December 12, 2020, Typhoon Lagoon Inc. purchased (and paid for) $65,000 in non- perishable concession merchandise inventory from Happy Time Snacks. Typhoon requested delivery in April 2021 just ahead of the opening of the water park