Prepare a mini marketing plan or a promotion strategy for a startup business or business idea you have in mind. 3-4 Pages Submission date Sunday 9/8/2020 Search 1 (Summer 2019/2020) (ACCIO (Summer 19/200 1. Sport Direct, a sport stuff shop. At the beginning of the current season, the ledger of Sport Direct shop showed cash $2,200, Inventory $1,800, and Share capital - Ordinary $4,000. The following transactions were completed during April NOTE: Answer questions from 1 - 25 by using these information. April 1) Purchased Truck costing $9,600 by signing $9,600, 12%, 6-month notes payable. April 4) Purchased racquets and balls from Jay-Mac Co. for $760, FOB Shipping point, terms 2/10, 1/30 April 5) Purchased Building for $48,000 cash. April 6) Paid Freight on purchase from Jay-Mac Co. for $40 cash. April 7) Purchased Supplies for $2,500 cash April 8) Sold Merchandise to members for $1,150 on account terms n/30. The merchandise sold had a cost of $790. April 9) Paid office rent $1,500 cash. April 10) Returned merchandise for Jay-Mac Co. for $60, for a racquets that were defective. April 11) Purchased tennis shoes from u Sports for $420 cash. April 13) Paid Jay-Mac Co. in full. April 14) Purchased tennis shirts and shorts from Everett Sportswear $800, FOB shipping point, terms 3/10, 1/60 April 15) Returned merchandise for Sports for $50 cash for damaged merchandise. April 17) Paid freight on Everett Sportswear purchase $30 cash. April 18) Sold Merchandise to members for $980, terms n/30, the cost of the merchandise sold was $520 April 20) Received $600 in cash from members in settlement of their accounts. April 21) Paid Everett Sportswear in Pull. April 27) Returned goods from members (tennis cloths) that didn't fit for $40. the cost of returned goods $22. April 30) Received cash payments on account from members $820. April 30) The company makes a physical counts for the inventory and find differences between the books and the Inventory in warehouse for $300. Required: Journalize the above entries. MacBook Pro $ 2 3 4 C ) 5 6 7 8 E R T Y U I 0 P D F H J K L C V B N. M Prepare a mini marketing plan or a promotion strategy for a startup business or business idea you have in mind. 3-4 Pages Submission date Sunday 9/8/2020 Search 1 (Summer 2019/2020) (ACCIO (Summer 19/200 1. Sport Direct, a sport stuff shop. At the beginning of the current season, the ledger of Sport Direct shop showed cash $2,200, Inventory $1,800, and Share capital - Ordinary $4,000. The following transactions were completed during April NOTE: Answer questions from 1 - 25 by using these information. April 1) Purchased Truck costing $9,600 by signing $9,600, 12%, 6-month notes payable. April 4) Purchased racquets and balls from Jay-Mac Co. for $760, FOB Shipping point, terms 2/10, 1/30 April 5) Purchased Building for $48,000 cash. April 6) Paid Freight on purchase from Jay-Mac Co. for $40 cash. April 7) Purchased Supplies for $2,500 cash April 8) Sold Merchandise to members for $1,150 on account terms n/30. The merchandise sold had a cost of $790. April 9) Paid office rent $1,500 cash. April 10) Returned merchandise for Jay-Mac Co. for $60, for a racquets that were defective. April 11) Purchased tennis shoes from u Sports for $420 cash. April 13) Paid Jay-Mac Co. in full. April 14) Purchased tennis shirts and shorts from Everett Sportswear $800, FOB shipping point, terms 3/10, 1/60 April 15) Returned merchandise for Sports for $50 cash for damaged merchandise. April 17) Paid freight on Everett Sportswear purchase $30 cash. April 18) Sold Merchandise to members for $980, terms n/30, the cost of the merchandise sold was $520 April 20) Received $600 in cash from members in settlement of their accounts. April 21) Paid Everett Sportswear in Pull. April 27) Returned goods from members (tennis cloths) that didn't fit for $40. the cost of returned goods $22. April 30) Received cash payments on account from members $820. April 30) The company makes a physical counts for the inventory and find differences between the books and the Inventory in warehouse for $300. Required: Journalize the above entries. MacBook Pro $ 2 3 4 C ) 5 6 7 8 E R T Y U I 0 P D F H J K L C V B N. M
