On 1 June 2026, Aaron Draper began trading as a landscape material supplier. The transactions for the month of June 2026 were as follows (ignore GST):

The following additional information is available.
1. A physical inventory count held at the close of business on 30 June 2026 revealed that the cost price of inventory on hand amounted to \($12\) 000.
2. The June salary of a part-time sales representative amounting to \($800\) was not paid until 2 July 2026.
3. Depreciation on equipment for the month of June amounted to \($152\).

Required

(a) Record the above transactions in the appropriate journals for the business of Aaron Draper.

(b) Post the entries in the journals to the general ledger as well as to the debtors and creditors subsidiary ledgers.

(c) Prepare the trial balance of Aaron Draper at 30 June 2026.

(d) Prepare schedules of debtors and creditors at 30 June 2026, and reconcile the totals with the balances of the related control accounts in the trial balance.

(e) Prepare the income statement of Aaron Draper for the month ended 30 June 2026.

(f) Prepare the balance sheet of Aaron Draper at 30 June 2026.

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June 1 Draper transferred $120 000 from his personal savings to his business bank account. Purchased equipment for cash: paid by electronic funds transfer, $80 000. Paid March rent by BPay, $3000. Purchased goods for resale on credit from Ailmore Ltd, $10 000. 2 3 Banked cash sales totalling $3440. 4 5 Sold goods on credit to G. Horwood: invoice no. 543, $1520. Purchased goods for resale from Groundcover Ltd: paid by interbank transfer, $3400. Banked cash sales totalling $1640. 6 8 Purchased goods for resale on credit from Bachleda Ltd, $4800. 9 Sold goods on credit to M. Kruger: invoice no. 544, $1960. June 10 Purchased office stationery from Biggs Ltd: paid by bank transfer, $480. 11 12 14 16 17 Received funds transfer for return of defective goods that had been purchased for cash, $380. Banked cash sales totalling $3600. Processed funds transfer for miscellaneous expenses, $720. Refunded a customer for a cash sale returned: paid refund by interbank transfer for $680. Purchased goods for resale on credit from Cirocco Ltd, $12 000.