NEED JOURNAL ENTRY FOR THESE -December 3- Received an invoice for merchandise purchased from H.P.S. Ltd.. Terms: 2/10, n30. Date: November 30, 20X4. Total: $9 975.00 plus the appropriate taxes.

-December 3 -Le Mur du Son Ltd. wishes to increase its percentage of common shares of Sonex Inc. to 10 %. The company purchases 3 000 new shares at a price of $10.50 per share. The transaction will be recorded upon receipt of the invoice from the broker.

-December 3 -A short term bank loan of $20 000 was taken at the National Bank. The annual interest rate is 15 %. Starting December 31, this loan will be repaid in monthly installments.

-December 4 -Cheque no. 400 was issued to Techno-Logic Inc. to settle our account. A 2% discount was taken. -December 4 -Signed a contract with Hebdo-Son Inc. for advertisements that will appear in their magazine in December, January and February. Cheque no. 401 for $6 000.00 plus the appropriate taxes was issued. -December 4 Received a cheque from Alco Inc. as payment for the November 27 invoice (no. 1001). A 2 % discount was taken. -December 4 Brocol Ltd. returned merchandise which they had received by mistake. Issued credit note no. 14 in the amount of $5 000.00 plus the appropriate taxes. -December 5 Purchased merchandise from Microson Ltd., a new vendor. Cheque no. 402 for $4 220.00 was issued since Microson requested immediate payment for our first purchase. -December 5 Merchandise received from Photolum Ltd. on November 26 was defective. They were returned along with debit memo no. 12 for $1 790.00 plus the appropriate taxes. In return, the vendor sent us a credit memo. -December 5 Cheque no. 403 was issued to Son et Lumire Inc. in settlement of our account. A 1 % discount was taken.