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Transaction # Date Transaction 1 12/3 Received a check in the amount of $23,569 from Swanson Brothers Construction in full payment of invoice No.1120 dated

Transaction #

Date

Transaction

1

12/3

Received a check in the amount of $23,569 from Swanson Brothers Construction in full payment of invoice No.1120 dated November 26 in the amount of $24,050.

2

12/3

Sold sewer and drainage pipe to Beverly's Building Products on account, invoice No. 1201 for $13,150.

3

12/3

Purchased copper tubing and fittings from Edward's Plumbing Supplies Inc. on account, purchase order No. 315 for $24,320, terms n/60.

4

12/3

Issued check No. 1580 for $26,400 to Oxenford Copperworks in settlement of the balance owed on purchase order No. 280.

5

12/3

A court notice indicates that Iwanaga Plumbing and Heating is bankrupt and payment of its account improbable; the president orders the account to be written off as a bad debt (invoice No. 780).

6

12/3

Sold bathroom fixtures to Bilder Construction Company on account, invoice No.1202 for $44,900.

7

12/4

Received a check in the amount of $49,294 from The Potts Company in full payment of invoice No. 1128 dated November 27 for $50,300.

8

12/4

Sold plumbing supplies and plastic pipe to Coconino Contractors, Inc. on account, invoice No. 1203 for $10,300.

9

12/4

Issued check No. 1581 for $810 to Standard Oil Co. in payment of gas, oil, and truck repair from Tierney's Standard Service.

10

12/5

Issued check No. 1582 for $9,900 to Khatan Steel Corp. in full settlement of purchase order No. 312 for $10,000.

11

12/5

Issued check No. 1583 for $10,486 to Phoenix Plastics in full payment of Phoenix's invoice dated November 28 in the amount of $10,700, for purchase order No. 313, terms 2/10, n/30.

.

12

12/5

Received a check in the amount of$72,863 from Rankin Plumbing Corp. in full payment of invoice No. 1129 dated November 28 for $74,350.

13

12/6

Sold cast pipe to Trudy's Plumbing on account, invoice No. 1204 for $29,300.

14

12/6

Received a check in the amount of $27,800 from Coconino Contractors, Inc. in full payment of invoice No. 1091 dated October 20.

15

12/6

Purchased bathroom fixtures from Phoenix Plastics, on account, purchase order No. 316 for $52,700 terms 1/10, n/30.

16

12/7

Received a check in the amount of $29,000 from Boecker Builders in partial payment of balance outstanding covering invoice Nos. 1050 and 1071.

17

12/7

Issued check No. 1584 for $600 to Scooter Gordon for lettering and sign painting on some delivery trucks.

18

12/7

Issued check No. 1585 for $6,750 to Phoenix Plastics, in payment of Phoenix's invoice dated November 12 in the amount of $6,750, our purchase order No.299.

19

12/10

Issued check No. 1586 for $37,719 to Smith Pipe Company in full payment of their invoice dated November 28, terms 1/15, n/60, our purchase order No.314.

20

12/10

Received a check in the amount of $15,100 from Trudy's Plumbing in full settlement of invoice No. 1106 dated November 7.

21

12/10

Sold pipe, fixtures, and accessories to Trudy's Plumbing on account, invoice No. 1205 for $33,850.

22

12/11

The payroll summary for the biweekly pay period ended Friday, December 7 contained the following information:

Delivery and warehouse wages $4,860

FICA taxes withheld 350

Federal income taxes withheld 900

State income taxes withheld 190

Net pay $3,420

Employers payroll taxes:

FICA tax $350

Federal unemployment tax 0

State unemployment tax 0

Issued check No. 1587 for the amount of the net pay and deposited it in the payroll bank account. Individual payroll checks were then prepared for distribution to the biweekly employees on Tuesday, December 11.

23

12/11

Sold plumbing supplies and copper tubing to The Potts Company on account, invoice No. 1206 for $31,450.

24

12/11

Received a check in the amount of $33,920 from Boecker Builders in full payment of invoice No. 1071.

25

12/11

Cash sales to date totaled $12,292.

Write the journal entries.

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