May 2 Jared Delacruz began his business by investing $18,000 cash. 2 Bought merchandise, issuing a cheque for $985.60. 3 Bought wrapping supplies and other materials for wrapping parcels, $126. Paid by cheque. 4 Bought a cash register, $625, from McCleod Co., paying $300 as down payment and owing the balance in 10 days. 5 Paid the water bill, $52. 6 Cash sales for the week, $216.45. 9 Sold merchandise to Jimmi Bevanio, $47. Payment is due in 10 day 10 Borrowed $5,000 from the bank. 11 Bought merchandise from Coldwell Wholesalers on terms of net 30 days, $427.70. 12 Cash sales for the week, $241.60. 12 Jimmi Bevanio paid $25 toward his invoice dated the 9th. 14 Paid McCleod Co. $325 for the balance owing on the account. 15 Sold merchandise on account to Andre Cartier, $34.75. 25 Received payment from Jimmi Bevanio, $22