May $1-$ Issued Check No$.5200$ to L&J Management Co$.$ in payment of the May rent,

$$6,000.($Charge $75\%$ of the rent to Rent Expense $$ Selling Space and $25\%$ to Rent

Expense $$ Office Space.$)$

$$

May $2$ Sold merchandise on credit to Yellow Rock Company, Invoice No$.$

$9501,$ for $$4,750($cost is $$2,250)$

$$

May $3-$ Issued a $$300$ credit memo to Yellow Rock Company for defective

$($worthless$)$ merchandise sold on May $2$ and returned for credit

$$

May $4$ Purchased the following on credit from Jerry$$s Curling Supply Co$.$

Invoice dated May $4,$ terms n$/10$ EOM.

$$

$$

May $5$ Received payment from Yellow Rock Company for the May $2$ sale

less the May $3$rd return and discount.

May $8$ Issued Check No$.5201$ to Jerry$$s Curling Supply Company for items

purchased on May $4$th$.$

May $9$ Sold store supplies to the merchant next door at their cost of $$420$

cash. $($Hint $$ what are we selling to the next door neighbor, it is not

Merchandise Inventory and does not have a cost associated with it$)$

May $10$ Purchased $$3,012$ of office equipment on credit from Jerry$$s

Curling Supply Co$.,$ invoice dated May $10,$ terms n$/10$ EOM

May $11$ Purchased $$6,200$ of merchandise from Red Rock, Inc., invoice

dated May $10,$ terms $2/10,$ n$/30.$

May $12$ Received an $$107$ credit memorandum from Jerry$$s Curling Supply

for the return of defective office equipment received on May $10$

May $13$ Issued Check No$.5203$ to Red Rock, Inc. in payment of its May $11$

invoice less the discount

May $15$ Issued Check No$.5202,$ payable to Payroll, in payment of sales

salaries, $$3,850,$ and office salaries, $$890.$ Cashed the check and paid the

employees

May $15$ Cash sales for the first half of the month are $$46,280($cost is

$$21,020).($Cash sales are recorded daily but are recorded in a lump sum

format through two entries May $15$ and May $31)$

May $16$ Sold merchandise on credit to House Curling Company, Invoice No$.$

$9502,$ for $$3,990($cost is $$1,890)$

May $17$ Purchased $$23,650$ of merchandise from Olympics Gold, invoice

dated May $17,$ terms $2/10,$ n$/60.$

May $22$ Sold merchandise to Sweep Services, Invoice No$.9503,$ for $$8,650$

$($cost is $$4,990),$ terms $2/10,$ n$/60.$

May $23$ Issued Check No$.5204$ to Olympics Gold in payment of its May $17$

invoice less the discount.

May $24$ Purchased the following on credit from Jerry$$s Curling Supply

Company. Invoice dated May $24,$ terms n$/10$ EOM.

May $24$ Purchased the following on credit from Jerry$$s Curling Supply

Company. Invoice dated May $24,$ terms n$/10$ EOM.

INVOICE TOTAL $9,012\mathrm{.}00$$

May $25$ Purchased $$4,120$ of merchandise from Burned Stone Curling,

invoice dated May $25,$ terms $2/10,$ n$/30$