From the following business transactions in July 2022 you are required to prepare comparative general journals for both perpetual and periodic inventory; post to the general ledger, where the Workbook format allows for the two inventory systems. Prepare a trial balance for perpetual and also periodic inventory.

1 July: A Argenton commenced business with $6000 cash in the bank and a motor vehicle valued at $25 000.

4 July: A Argenton purchased inventory of $3300 ($3000 + $300 GST) on credit from A Point.

5 July: A Argenton used a debit card for inventory of $2200 ($2000 + $200 GST).

6 July: A Argenton introduced $7500 more capital into the business, being $3000 cash and office equipment valued at $4500.

10 July: A Argenton sold inventory for $2475 ($2250 + $225 GST) cash; inventory cost was $1350.

15 July: A Argenton sold inventory on credit to T Ranch, $3740 ($3400 + $340 GST) which cost $2100.

18 July: A Argenton remitted $3300 to A Point, an account payable, for inventory purchased on 4 July.

21 July: Inventory was purchased by A Argenton from E Kevin on credit for $2860 ($2600 + $260 GST) and also purchased inventory for $1595 ($1450 + $145 GST) with a debit card.

25 July: A Argenton remitted wages $900 and electricity $110 ($100 + $10 GST). Also A Argenton purchased machinery costing $1540 ($1400 + $140 GST), using a debit card.

29 July: Cheque received from the account receivable T Ranch for $3740 and payment remitted to the account payable E Kevin for $2860.