Journalize the transactions for the month of August for Limitless Sports Ltd. using a perpetual inventory system. Sales and purchases are recorded using gross invoice price. (Transportation fees are evenly allocated to sales and purchase transactions)

Limitless Sports Ltd. distributes limited edition sports shoes to retail stores. During the month of August, the following merchandising transactions occurred. PURCHASE INVOICE Form 1 Nick Sports 27 Peachtree Drive, Atlanta, GA 30303 Sold To: Limitless Sports Ltd. 2248 Sunrise Towers Minot, ND 58701 Date: 1 August 2020 Invoice No: 7134 Terms: 2/10, n/30 Quantity Unit Cost Amount Description Limited edition Shoes 2020 10 1,200.00 12,000.00 Total 12,000.00 Customer Copy CREDIT MEMO Form 2 Nick Sports 27 Peachtree Drive, Atlanta, GA 30303 Sold To: Limitless Sports Ltd. Date: 3 August 2020 Invoice No: CM7134 2248 Sunrise Towers Minot, ND 58701 Terms: 2/10, n/30 Quantity Unit Cost Amount Description Limited edition Shoes 2020 1 Total Customer Copy PURCHASE INVOICE Form 3 Fast Manufacturers 148 Roosevelt Parkway Minot, ND 58701 Sold To: Date: 5 August 2020 Limitless Sports Ltd. 2248 Sunrise Towers Minot, ND 58701 Invoice No: 5890 Terms: 1/10, n/60 Quantity Unit Cost Description Limited edition Shoes V2020 10 1,000.00 Amount 10,000.00 6,000.00 10 Limited edition Shoes U2020 600.00 Total 16,000.00 Customer Copy SALES INVOICE Form 4 Sold To: LIMITLESS SPORTS LTD. 2248 Sunrise Towers, Minot, ND 58701 Trendy World Date: 7 August 2020 58 Edgewater Lane Invoice No: 5231 Minot, ND 58701 Terms: 3/15, n/30 Quantity Item Unit Cost Amount 9 Limited edition Shoes 2020 2,000.00 18,000.00 18,000.00 Total Cost of Merchandize Sold Thank you for your business Form 5 Limitless Sports Ltd. Interoffice Memo To: Bookkeeper Date: 10 August 2020 Issue Check Number 4413 to Nick Sports in payment of Invoice Number 7134 dated August 1. PURCHASE INVOICE Form 6 Fast Manufacturers 148 Roosevelt Parkway Minot, ND 58701 Sold To: Limitless Sports Ltd. 2248 Sunrise Towers Minot, ND 58701 Date: 15 August 2020 Invoice No: 5891 Terms: 1/10, n/60 Quantity Unit Cost Amount Description Limited edition Shoes 2020 20 1,000.00 20,000.00 Total 20,000.00 Customer Copy Form 7 Trendy World 58 Edgewater Lane Minot, ND 58701 Check No. 5719 Date: 19 August 2020 $ xxxxx Pay to the order of Limitless Sports Ltd. XXXXXXXXXXXXXX ------------ Dollars Acct Dept Copy Queensland Bank Invoice Number 5231 dated 7 August 2020 SALES INVOICE Form 8 LIMITLESS SPORTS LTD. Sold To: 2248 Sunrise Towers, Minot, ND 58701 Elegant Sports Apparel Date: 19 August 2020 101 Lakeside Mal Minot, Invoice No: 5232 ND58701 Terms: 1/10, n/30 Quantity Item Unit Cost Amount 3 Limited edition Shoes V2020 1,300.00 3,900.00 3 Limited edition Shoes U2020 900.00 2,700.00 Total 6,600.00 Cost of Merchandize Sold Thank you for your business CREDIT MEMO Form 9 LIMITLESS SPORTS LTD. Sold To: 2248 Sunrise Towers, Minot, ND 58701 Elegant Sports Apparel Date: 21 August 2020 101 Lakeside Mal Minot, Invoice No: CM5232 ND58701 Terms: 1/10, n/30 Quantity Item Unit Cost Amount 3 Limited edition Shoes U2020 Total Cost of Merchandize Sold Thank you for your business Form 10 Limitless Sports Ltd. Interoffice Memo To: Bookkeeper Date: 23 August 2020 Issue Check Number 4415 to Fast Manufacturers in payment of Invoice Number 5890 dated August 5 and Invoice Number 5891 dated August 15. 4 Form 11 Elegant Sports Apparel 101 Lakeside Mal Minot, ND58701 Check No. 0549 Date: 29 August 2020 $ xxxxx Pay to the order of Limitless Sports Ltd. XXXXXXXXXXXXXX -------- Dollars Acct Dept Copy Queensland Bank Invoice Number 5232 dated 19 August 20, less credit memo OTHER BILL Form 12 SF COURIER SERVICE Bill To: Limitless Sports Ltd. Date: 31 August 2020 2248 Sunrise Towers Invoice No: 23250 Minot, ND 58701 Description Amount Transportation fee for August 2020 1,500.00 Autopay from the bank account ending 205 on 15 Sept Total: 1,500.00 2020 Customer Copy Limitless Sports' chart of accounts includes the following: Cash, Accounts Receivable, Inventory, Accounts Payable, Sales Revenue, Sales Returns and Allowances, Sales Discounts, Cost of Goods Sold, Purchase discount taken, Transportation-in and Delivery Expense. Instructions Journalize the transactions for the month of August for Limitless Sports Ltd. using a perpetual inventory system. Sales and purchases are recorded using gross invoice price. (Transportation fees are evenly allocated to sales and purchase transactions)