Prepare the items in the journal.
NOTE: To register merchandise, use the analytical system.
1 Comercial Santa Maria, property of Mauricio Mayorga, is established. During the month of March carry out the following transactions.
Make a cash contribution worth L120,000.00, which value is deposited in the checking account of Banco DAVIVIENDA.
2 Merchandise is purchased for a value of L 80,000.00,(s)/(f)act. ()/(42), of which they grant us a reduction of L6,000.00, it is paid by check. This purchase generates expenses in the amount of L3,000.00, value owed to Transportes Los Arcos.
4 Merchandise is sold on credit to Marcela Galindo for the amount of L15,000.00, fact. 101. Conditions (3)/(10),(n)/(30.) Today's cash sales are L48,750.00, a value that includes sales tax.
5 Purchase of merchandise on credit from Mr. Miguel Bueso(s)/(f)act. ()/(764) for L 30,000.00, the sales tax is paid by check, the difference remains a liability without documentary guarantee.
Client Marcela Galindo returns us L2,000.00 in merchandise. The full value is credited to your account.
6 Sale of merchandise in cash(s)/(f)act(.)/(02) for L85,000.00, a discount is granted based on sales volume in the amount of L900.00.
We return L6,000.00 in merchandise from invoice 764. The total value is credited to our account.
7 From the sale of 6, they returned merchandise for L7,000,000 on invoice 02, the total value is paid by check.
8 Marcela Galindo pays us the full value of her debt in cash. Existing cash is deposited into our checking account.