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Exercise 8-64 (Algorithmic) Accounts Payable For Hammerton Autos, a used-car dealer, the following transactions occurred...

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Exercise 8-64 (Algorithmic) Accounts Payable For Hammerton Autos, a used-car dealer, the following transactions occurred during the first 10 days of August a. Hammerton purchased, on credit, space for classified advertisements in the Chicago Tribune for $285. The advertising was run the day the space was purchased. b. Hammerton purchased office supplies from Office Depot on credit in the amount of $185. $100. The commission will be paid September 10. (Concern yourself only with the commission.) c. One of Hammerton's sales staff sold a car. The salesperson's commission d. The electric bill for July was received. The bill is $239 and is due August 15 e. A $390 bill from Carey Alignment services was received. Carey had aligned 10 cars for Hammerton in late July. The payment is due August 20. Required: Prepare journal entries for the above transactions. . (Record purchase of advertising) b. (Record purchase of supplies) C. (Record sales commission) d. (Record utilities expense) . (Record vehicle repair)

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