You are the controller at Star Wars, Inc. you must Create Journal Entries for the following transactions.

1. On Dec. 17 Paid off purchase from Dec. 10 to Land Speeder Inc.

2. On Dec. 17 Yoda, Inc. agrees to convert its overdue $20,000 A/R balance into a 12% note due in 10 months.

3.On Dec. 18 Purchased a new supercomputer from Palpatine Computing Co. for $38,000. A down payment of $5,000 was paid immediately, the remainder is owed within 45 days (n/45). Use the equipment account.

4.On Dec. 18 Purchased 400 units of product from Tattooine Ltd. For $375 each on credit, terms n/60

5.On Dec. 19 Purchased 100 units from Tattooine Inc. for $376 each on credit, terms n/60

6.On Dec. 19 Cash sales for 310 units was $800 each.

7.On Dec. 19 Paid $877 telephone bill from November to Galaxy Far, Far Away Communications Inc. Use Misc. expenses.

8.On Dec. 20 Received payment from Princess Leia Co. from the Dec. 11 sale.

9.On Dec. 20 Paid Federal withholding taxes of $13,521, and FICA withholdings of $3,825 to the US Treasury Department. These amounts were previously recorded as liabilities. The amounts were paid with one check.

10.On Dec. 21 Sold Storm Troopers Unlimited 320 units of product for $825 per unit on credit.