Sunny's Emporium had the following transactions in April, the final month in their fiscal year:
TRANSACTIONS Score
April Sold a fully depreciated delivery truck for $
April A new delivery truck is delivered at a total cost of $ The truck has an expected useful life
of years, with no residual value and will be depreciated using the straight line method.
The company made a downpayment of $ and issued a year note for the balance.
The note requires annual payments of $ including interest and principal, be made on
March and
April Petty cash on hand was $ Replenished the petty cash fund for the following disbursements,
each evidenced by a petty cash receipt:
Store supplies, $
Express charges on merchandise sold, $Delivery Expense
Office supplies, $
Repair to office file cabinet lock, $Miscellaneous Administrative Expense
April Sold a year bond, with semiannual interest at when market interest rate was
April The cash sales for the month, according to the cash register records, totaled $ including sales
tax of $ The actual cash received from these cash sales was $ Cost of goods sold related to
these sales was $
Required: What I am looking for: Possible Earned
Journalize the transactions. Entries are correctly analyzed and recorded in the journal using correct account names.