1. Memo 1 – initial investment in business by Adrian Martinez
2. South Atlantic Computers invoice 1131 – for purchase of personal computer with editing software and hardware upgrade
3. Danny’s News Stand – issue check 102 for purchase of all local papers
4. Coastal Copy Center invoice 602 – for copying of marketing flyers – check 103
5. Memo 2 – from Danielle Sloane – check 104 issued for one month’s rent on the studio
6. Miami News Service statement – check 105 issued for advertising
7. Memo 3 – an additional investment in the business by Adrian Martinez
8. Surfside Post Office – postage costs for athletic department mailings – issued check 106
9. Invoice 101 to Nicolas DeCilla for DeCilla/Boles wedding. Receipt 1 from Nicolas DeCilla deposit for the DeCilla/Boles wedding (first of three payments)
10. Invoice 102 to Glastre Art Gallery for Opening Video Shoot. Receipt 2 from Glastre Art Gallery – deposit for opening video shoot (first of two payments)
11. Memo 4 – from Danielle Sloane – weekly cash check

Put each transactions on the General Journal, General Ledger, Accounting Stationary (For preparation of Trial Balance, Income Statement, Owner's Equity, and Balance Sheet)

Transcribed Image Text:

Week 1, Source Document 1 ACTION VIDEO PRODUCTIONS Memorandum 2433 Atlantic Ave., Suite 311 Surfside, FL 33154 No. 1 TO: Accounting Clerk FROM: Adrian Martinez DATE: June 2, 20- SUBJECT: Business Investment I have invested personal savings of $8,500 in the business by opening a checking account for Action Video Productions at Florida National Bank. Danielle Sloane has entered the $8,500 cash as the beginning balance in the checkbook. Please record the journal entry in the general journal. Week 1, Source Document 2 South Atlantic Computers Received computer package today. Pay $2,100.0o today 6/2/20--. Subsequent payments are as follows: $1,370 due June 28, $1,370 due July 28, balance due August 28. AM INVOICE 323 Via Solana Boulevard North Miami Beach, FL 33162 Date: June 2, 20 -- To Invoice No.: Terms: 90 days Shipped By: Pick-Up 1131 Action Video Productions 2433 Atlantic Ave., Suite 311 Surfside, FL 33154 Quantity Item Personal computer package (1.0 GHz Processor, keyboard, monitor, mouse, printer and cables) Unit Price $ 2,100.00 Total $ 2,100.00 1 Hard Disk 40GB Drives (included) 2,000.00 2 Matrix capture card for MPEG 2 compression with editing software package Additional color monitor Pair computer speakers 1 2,000.00 300.00 300.00 1 60.00 60.00 1 AC stabilizer 150.00 150.00 1 Work table 175.00 175.00 SUBTOTAL $ 4,785.00 Issued check #101 for $2,100. – DS 6% Sales Tax 287.10 TOTAL $ 5,072.10 Cemmicht O 2017 MeC Tu HilI Edugation All wighta Monam Week 1, Source Document 1 ACTION VIDEO PRODUCTIONS Memorandum 2433 Atlantic Ave., Suite 311 Surfside, FL 33154 No. 1 TO: Accounting Clerk FROM: Adrian Martinez DATE: June 2, 20- SUBJECT: Business Investment I have invested personal savings of $8,500 in the business by opening a checking account for Action Video Productions at Florida National Bank. Danielle Sloane has entered the $8,500 cash as the beginning balance in the checkbook. Please record the journal entry in the general journal. Week 1, Source Document 2 South Atlantic Computers Received computer package today. Pay $2,100.0o today 6/2/20--. Subsequent payments are as follows: $1,370 due June 28, $1,370 due July 28, balance due August 28. AM INVOICE 323 Via Solana Boulevard North Miami Beach, FL 33162 Date: June 2, 20 -- To Invoice No.: Terms: 90 days Shipped By: Pick-Up 1131 Action Video Productions 2433 Atlantic Ave., Suite 311 Surfside, FL 33154 Quantity Item Personal computer package (1.0 GHz Processor, keyboard, monitor, mouse, printer and cables) Unit Price $ 2,100.00 Total $ 2,100.00 1 Hard Disk 40GB Drives (included) 2,000.00 2 Matrix capture card for MPEG 2 compression with editing software package Additional color monitor Pair computer speakers 1 2,000.00 300.00 300.00 1 60.00 60.00 1 AC stabilizer 150.00 150.00 1 Work table 175.00 175.00 SUBTOTAL $ 4,785.00 Issued check #101 for $2,100. – DS 6% Sales Tax 287.10 TOTAL $ 5,072.10 Cemmicht O 2017 MeC Tu HilI Edugation All wighta Monam