Problem 16 The Sunshine Motel uses a perpetual inventory system for food and beverages. Inventory and expense accounts are separately maintained for the following types of supplies: Rooms, Restaurant, and Administrative Supplies. Purchases of supplies are charged to either an inventory (asset) account or an expense account based on the destination of the supplies (storeroom or direct use). Journalize the following transactions involving the Sunshine Motel on a two-column journal. 20X8 May 1: The sales report for the day presented the following information: Room Sales Food Beverage Sales Tax Cash received and bank credit cards In-house credit cards Cash overage $5,210.00 1,863.25 375.00 372.41 2,125.83 5,695.68 .85 May 2: May 2: May 2: May 2: May 2: May 2: May 2: May 3: May 3: Purchased $875 of food provisions for the storeroom on open account from Prince Supply. Purchased $315 of liquor for the storeroom on open account from Hodges Distributors. Paid for newspaper advertising which ran on March 9. Issued check number 864 for $350 to State Tribune. The sales report for the day presented the following information: Room Sales Food Beverage Sales Tax Cash received and bank credit cards In-house credit cards Cash shortage $4,968.50 2,265.95 5,365.38 2,834.09 45 Issued check number 865 for $4,200 to Zenith Insurance for a one-year workers' compensation policy. Term of the policy is May 1, 20X8, to May 1, 20X9. Issued check number 866 for $625 to Central Telephone for the period May 1 to May 31. Amenities for room guests Pens, pencils, and other office supplies Kitchen utensils, paper, twine, pots, and pans 575.00 390.47 Purchased (on open account) the following items from Kimble Supply, intended for the storerooms: Recorded the following issues reports from the storerooms: Issues from the storeroom to the kitchen Issues from the storeroom to the bar Free meals to rooms department employees, at cost Free meals to food and bar department employees, $750.00 500.00 600.00 at cost Free meals to administrative and general department employees, at cost The cost of free employee meals is recorded to separate departmental expense accounts. Recorded the food manager's report of free meals furnished to employees for May 1 and 2, which provided the following information: $1,500 300 $75 50 25