As the proprietor of OK Auto Repair, you receive this invoice from a supplier (GST has been disregarded).

Required
1. Journalize the transaction required on May 14, 2014. OK Auto Repair uses the periodic inventory system.
2. The L912 belted-bias tires were ordered by mistake and therefore were returned to REPO. Journalize the return on May 19, 2014.
3. Journalize the payment on May 22, 2014, to REPO Auto Parts.

Transcribed Image Text:

REPO AUTO PARTS WHOLESALE DISTRIBUTORS 2600 Victoria Avenue Saskatoon, Saskatchewan S4P 1B3 Invoice date: May 14, 2014 Payment terms: 1/10, n/30 Sold to: OK Auto Repair 4245 Cumberland Avenue Prince Albert, SK SZM 1X3 Quantity Ordered Quantity Shipped Price Description Amount $ 90.00 $ 540.00 P135-X4 Radials . L912 Belted-bias. 100.00 800.00 14 R39 Truck tires 14 120.00 1,680.00 Total. $3,020.00 Due date: Amount: May 24, 2014 $2,989.80 May 25 through June 13, 2014 $3,020.00 Paid: