July $1$ Judar deposited $$135,000$ in a bank account for the purpose of buying Blast Off! The business is a recreation area offering three large waterslides $($called "tubes"$)$one children's slide, an inner tube run, and a looping extreme slide.

$2$ Bought Blast Off! in its entirety for a total price of $$540,800.$ The assets include pool furniture, $$3,800$; the pool$/$slide facility $($includes filter system, pools, pump, and slides$),$ $$148,800$; building, $$96,200$; and land, $$292,000.$ Paid $$120,000$ down and signed a mortgage note for the remainder.

$2$ Received and paid the bill for a one$-$year premium for insurance, $$12,240.$

$2$ Bought $125$ inner tubes from Worn Tires for $$1,225,$ paying $$500$ down, with the remainder due in $20$ days.

$3$ Signed a contract with a video game company to lease space for video games and to provide a food concession. The rental income agreed upon is $10$ percent of the revenues generated from the machines and food, with the estimated monthly rental income paid in advance. Received cash payment for July, $$250.$