Consider the following list of transactions Big Marker might record in its AIS. Indicate the journal entry required for each transaction, then use XBRL’s Global Ledger taxonomy to find the correct tags for any five of the indicated accounts.

Transcribed Image Text:

Transaction Date 9 Feb 20x4 Transaction Purchased a new computer server. List price, $7,700. Paid 30% down and financed the remainder with a 2%, 6-month note payable 14 March 20x4 18 March 20x4 24 July 20x4 Paid employees, $18,000 Paid in advanced for six months' advertising that will start in April 20x4, $3,000 Billed monthly communities for the 30 days ended 15 July 20x4, $25,000 Received required portion of community dues, $8,000. (Community dues total 23 Nov 20x4 was $80,000)