Prepare a jounal entry for the following and include the brief explaination under each journal entry. 9 Sept. 9 Macey Colburn, a local ski enthusiast, provided Donnelly Boats with its first sale when she bought a $490 slalom ski for cash. The ski had been

Prepare a jounal entry for the following and include the brief explaination under each journal entry.

9 Sept. 9 Macey Colburn, a local ski enthusiast, provided Donnelly Boats with its first sale when she bought a $490 slalom ski for cash. The ski had been included in the September 7 purchase and had cost Donnelly $350.

10 Sept. 11 Nathan Collins, another skier, brought his Manvader ski boat in to be "winterized." Harry changed both the engine and outdrive oil, drained the water from the engine, replaced the spark plugs, and tuned the engine. Nathan, a longtime friend of Jason, agreed to pay the $220 invoice within Donnelly Boats' customary 30-day trade terms.

11 Sept. 13 Donnelly Boats purchased additional accessory merchandise from Fisherman's Warehouse at a cost of $860. Donnelly agreed to the 15-day payment terms from Fisherman's and paid $40 cash to a trucking firm for transportation.

12 Sept. 13 Donnelly Boats paid Subliminal Advertising Agency $180 for a newspaper advertisement to be carried in the Saturday, September 18 edition of the Las Vegas Gazette.