SESSION DATE $-$ JANUARY $31,2021$

SD$35$: Credit Card Bill Payment #$2-13$

Dated Jan. $24/21$

From the credit card company, $$1,500\mathrm{.}00$ for purchases made before January $15$ and $$35$ annual card fee. Issued cheque #$712$ for $$1,500\mathrm{.}00$

SD$36$: Memo #$4$

Dated Jan. $28/21$

Issue a cheque to B$.$ Beane, for personal use, $$5,000$ cheque #$713.$

SD$37$: Bank Debit Memo #$10032$

Dated Jan. $29/21$

From River City Trust Co$.$ pre$-$authorized withdrawals for mortgage and loan payments. Use account $5115$ for interest expense.

Mortgage payment

$$3,200$

$($ $$2,000$ interest and $$1,200$ principal$)$

Loan payment

$1,160$

$$180$ interest and $$980$ principal$)$

SD$38$: Memo #$5$

Dated Jan. $30/21$

From B$.$ Beane: Prepare for month end by completing adjusting entries for prepaid expenses and supplies used.

Office Supplies

$68$

Paper and Packaging Supplies $275$

Prepaid Advertising

$300$

SD$39$: Memo #$6$

Dated Jan. $31/21$

From B$.$ Beane: Pay Office Insurance of $$200$ for January and pay Prepaid Office Insurance for $$2200$ to be used throughout the year to Insure you. Cheque #$714.$

Notice #$334$ from Insureyou Co$.$ Create new Group Account $1285-$ Prepaid Insurance.

SD$40$: Memo #$7$

Dated Jan. $31/21$

From B$.$ Beane: Adjust for the Food and Beverage Inventory used.

Beverage Inventory used $$1,500$

Food Inventory used $,2,300$

SD$41$ Memo #$8$

Dated Jan. $31/21$

From B$.$ Beane: Record Monthly Depreciation amounts

Computers $,$$$70$

Caf$$ Equipment $,333$

Furniture and Fixtures $,365$

Vehicle $425$

Caf$$ Premises $,2,200$