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Record the following transactions 18 Received a check from Brandon Baker Boats for balance of account. 19 Received full payment from Buena by the Shore

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18 Received a check from Brandon Baker Boats for balance of account. 19 Received full payment from Buena by the Shore on all the sales. To encourage prompt payment, 20 Purchased on account from Jared's Boats, two Yamaha Waverunners at $4,600 each (Total 22 Sold a Yamaha Waverunner to Glassboro Sea World for $9,000) we received $5,000 as a down 22 We are in a dispute with Kyle Jacobsen Best Buys about invoice number 720 on the 7h of this we offered Buena a 2% cash discount. equals $9,200), Invoice No. 5900, terms n/30. payment. Issued Invoice No. 722 month. Since he has left the country for South America, it has been decided to write this account off using the allowance method. (Do not debit Bad Debt Expense.) 23 Issued Check No. 303 to Joshua Lachowicz Supply Co. for store and office supplies, $1,100. One of the owners, Amber Ravenkamp, is unhappy with the direction the Corporation is going. Your Name Corporation purchased her 200 shares of commons stock for $50 a share. Debit Treasury Stock 23 Declared a $2.50 per share cash dividend. (Debit Retained Earnings and remember, one does not pay dividends on treasury stock.) 24

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