Annual magazine subscription revenue of $73 788 ($67 080 + $6708 GST) was received at the end of January 2022.

Monthly accounts are prepared and standing journals are used; balance date is 30 June. The magazine subscription revenue account was $36 154 at 31 January.

You are required to prepare:

a receipt of the magazine subscription revenue received by 31 January 2022 in general journal format b standing journal for the end of February 2022 c extract general ledger for the revenue received in advance and the revenue accounts to 30 June 2022, and d extracts of the income statement and balance sheet for 30 June 2022.