June 24

Issued the following checks as payment in full for miscellaneous

billings:

C

heck

31

2

3

0

to

Edwards

Auto Service f

or vehicle service and

truck repairs totaling $

363.70

(invoice

67676

).

C

heck

3

12

3

1

to Surfer

Waves magazine for advertising to be

featured in current and future issues. The invoice balance is

for $1,

3

75.00 (invoice

W3200

).

Ch

eck

31

2

3

2

for $5

05

.00 t

o

Phillips

Accountancy, Inc., for

accounting services received (invoice

P1

764

).

Check

31

2

3

3

for $1,

800

.00 to the

Rebel Ridge

Insurance

Company for increased liability

insurance

coverage (invoice

number

66633

).

******************************************

***********

*

June 24

Purchased on account from Kawasaki USA (invoice number

K

50

50

), merchandise with an

invoice list price

of

$2,150

.00

.

Kawasaki USA offers credit terms of 2/10, n/30.

Remember that all

purchases are recorded net.

Merchandise listed on

the purchase invoice:

Stock

Number

Item

Quantity

Net Cost

Per Unit

KW001

JS BATTERY

30

$29.40

KW003

NOZZEL EXTENSION

10

$122.50

Journal Entries Please! Sales tax applied is 8 percent