Record journal entries

Information Start date: 1/4/2013 3/4/2013 8/4/2013 Ted Johnson has listed his house with the agency to sell. The address is: 2 Second St, Byron Bay He has agreed to an advertising campaign. The first payment for the advertising of $350.00 is received on 02/04/2013. You will start with Receipt no. 1206 John Jones of 10 Circuit St Byron Bays, has 3 rental properties with the company. They are: 65 Martin St ($1200 per month), 15 Drysdale Ave ($1350 per month), and 47 Robert St ($1500 per month). James Smithson has a commercial property he rents through your company. It is located at 34 Drinkwater Pde. It is rented to BAC Commercial for $2000 per month. The tenant Bill Fredericks pays rent for the property at 47 Robert St of $1500 with a Cheque. The tenant Ray Richards pays rent for the property at 65 Martin St by cash $1200. 13/4/2013 15/4/2013 20/4/2013 BAC Commercial pays monthly rent of $2000 by EFT. The tenant Jill Sharp pays by EFT the rental of $1350 for 15 Drysdale Ave. 23/4/2013 28/4/2013 30/4/2013 Fred Sykes signs a contract to buy Ted Johnson's house for $535,000.00. He pays 2% ($10,700.00) at the signing of the contract with the balance of the deposit to be paid in 3 days. The contract is due to settle in 30 days. Fred Sykes pays the rest of the deposit - $42,800.00. The air conditioning unit needs replacing at 47 Robert St. This will cost $1900. The tenant wants it done immediately. So John Jones agrees to this and asks you take the necessary funds from the rental at 47 Robert St and the balance from the rental at 65 Martin St. You need to transfer the funds so that the account can be paid and you need to allow for the commission and statement fee to be paid to the office in the figuring. The unit is repaired on 28/4/2013. A cheque (cheque no 1434) is paid that day to Aircold Air-conditioning for $1900. You will pay the rent owing to James Smithson with Chq no 1435 You will pay the rent owing John Jones with Chq no 1436 You will pay the commission for both of these to the General Account using Chq no 1437 You receive an account from the Agency general account for the advertising fee of $350.00 for Ted Johnson's house. Pay with Chq no 1438