Transaction #	Dr	Account #	Dollar Amount	Cr	Account #	Dollar Amount
1		No JE
2	Dr	10000	$70,000.00	Cr	39003	$70,000.00

Current Assets 10000 Cash 11000 Accounts Receivable 12000 Inventory - 26" Bikes 12050 Inventory - 20" Bikes 13000 Office Supplies 13050 Shipping Supplies 14000 Prepaid Rent 14050 Prepaid Insurance Current Liabilities 20000 Accounts Payable 23200 Wages Payable 23250 Interest Payable 23300 Sales Tax Payable 23400 Utility Payable 27000 Note Payable - Wells Fargo Bank 27050 Note Payable - Computer Inc. Stockholders' Equity 39003 Common Stock 39005 Retained Earnings 39007 Dividends Long-Term Assets 15000 Bike Racks 17000 Accumulated Depreciation - Bike Racks 15100 Computer Equipment 17100 Accumulated Depreciation - Computer Equipment Revenue 40000 Sales Expenses 50000 60100 60200 60300 60400 60500 60600 60700 Cost of Goods Sold Advertising and Promotion Expense Bank Service Fee Credit Card Expense Dues & Registration Fees Delivery Expense Insurance Expense Interest Expense 60800 60900 61000 61100 61200 61300 61400 61500 Legal Expense Office Supplies Expense Shipping Supplies Expense Depreciation Expense Rent Expense Wage Expense Utility Expense Gas Expense 8. 1/06/2022 Ck #1004 9. 1/06/2022 Ck N1005 Ck #1006 10.1/08/2022 11. 1/08/2022 12.1/09/2022 Ck #1007 13. 1/13/2022 14.1/14/2022 15. 1/14/202 Deposit #3 OCIETY Paid $14,000 for Bike Racks. The estimated service life of these assets is 8 years. The residual (salvage) value is $200. These items will be recorded as Bike Racks and depreciated using straight-line depreciation in the adjusting entries. Only record the purchase of the racks. Arranged for Sun City Movers to make the delivery of the computer system and paid the delivery charge of $750. This charge should be added to the cost of the computer equipment purchased and depreciated on the same basis as the computer equipment. Only record the delivery. Purchased $450 of office supplies from Office Supplies Co. using cash. Purchased $8,000 of merchandise inventory (26" bikes) on account. There were no credit terms for prompt payment. Purchased $6,000 of merchandise inventory (20 bikes) on account. There were no credit terms for prompt payment. Ms. Scout received and paid the $940 charge from her lawyer. Evy's Electric Bike Shop, Inc. is now open for business. Sold merchandise for $11,200 cash. The sales tax for $924 was not included in the sale amount. The cost of the 26" bikes is $4,000; the cost of the 20" bikes is $1,600. This sale has to be delivered to the customer. The merchandise will be shipped FOB destination. Paid $250 to ship the merchandise in transaction #15. Purchased additional 26" bikes on account for $5,000. Credit terms were 2/15, n/30 Recorded cash sales that totaled $11,600. Sales tax of $957 was not included in the sale amount. The cost of merchandise sold was $5,800 (26" bikes were $5,000; 20 bikes were $800). Ms. Scout joined the El Paso Chamber of Commerce. She paid the registration fee of $200. Ms. Scout participated in a biking exhibition held at the convention center, She felt this was a good way to publicize her new business Convention Center charged Ms. Scout $800. She will pay the bill later. She considers this an advertising and promotion expense. Ms. Scout paid the Convention Center rental. Paid for the bikes purchased on 1/09/2022. Ms. Scout recorded cash sales totaling $7,600. Sales tax of $627 was not included in the sale amount. The cost of the merchandise sold was $3,800 (26" bike $1,000; 20" bike $2,800). Paid the balance due for the 26" bikes. There are two invoices. Received but did not pay the utility bill for the month, $445. Ck #1008 16. 1/16/2022 17. 1/16/2022 18. 1/20/2022 Deposit 14 19. 1/22/2022 Ck #1009 20. 1/23/2022 21. 1/23/2022 22. 1/26/2022 23. 1/26/2022 24. 1/27/2022 Ck #1010 Ck #1011 Deposit #5 Ck #1012 25. 1/27/2022 26. 1/30/2022 27. 1/30/2022 Ck #1013 28.1/30/2022 29. 1/30/2022 Deposit #6 Paid the first monthly installment on the computer equipment. The payment amount is $910. Of this amount, $43.33 is for interest and $866.67 is for principal. Purchased fifteen 26" bikes for $7,500 and purchased ten 20" bikes for $4,000 on account. Recorded sales made for the last week of the month. Total sales were $16,000 cash. Sales tax of $1,320 was not included in the sale. The cost of the merchandise sold was $8,000 (26" bikes $6,000; 20" bikes $2000). Declared and paid a cash dividend of $650 to Ms. Scout. Paid the Sales Tax to the Comptroller. 30. 1/30/2022 Ck #1014 31. 1/31/2022 Ck #1015