Appendix C

Transactions

	Date	Details	$
	04/06/2022	Received invoice no. 000158 from Mick's Motors for repairs to a motor vehicle.	$255 incl GST
	05/06/2022	Owner contribution to the business (funds transferred electronically).	$6,000
	07/06/2022	Paid part of the outstanding balance of Bevan Wholesalers invoice no. 365. Amount paid was $3,000, using cheque no. 2150. Prepare the cheque requisition, cheque, and a remittance advice to go with the cheque.	$3,000
	07/06/2022	Invoice no. 468 received from Bevan Wholesalers for purchases of goods for sale. Freight included - $198 incl GST	$8,634 incl GST
	08/06/2022	Issued invoice no. 7278 to Barry's Party Services for credit sale of goods. Freight charge included is $33 incl GST. Prepare this invoice.	$3,327.60 incl GST
	09/06/2022	Received cheque from Tablelands Supplies in full settlement of balance owing. (Cheque details are no. 154368, Big Bank, Other branch) Prepare receipt number 725 which shows the discount taken.	$9,894
	09/06/2022	Issued invoice no. 7279 to Tablelands Supplies for credit sale of goods. Freight charge included is $33 incl GST. Prepare this invoice.	$14,978.40 incl GST
	12/06/2022	Issued invoice no. 7280 to Marjory Brown for credit sale. Freight charge included is $33 incl GST.	$934.20 incl GST
	12/06/2022	Marjory Brown decided to settle her account immediately and paid via credit card (VISA).
	13/06/2022	Received part payment of invoice 7278 by direct deposit from Barry's Party Services, and then received payment by cashfrom Barry's Party Services as payment of remaining balance of invoice 7278. The cash breakdown was: $500 of $100 notes, $400 of $50 notes, $100 of $10 notes, $100 of $5 notes, $60 of $2 coins, and $40 of $1 coins. They took discount with these payments. Prepare receipt no. 727 for this customer.	$2,063.77 (direct deposit) & $1,200 (cash)
	15/06/2022	Marjory Brown returned goods originally purchased on 12/6/2022. Prepare adjustment note no. 151 and pay the refund immediately using cheque no. 2151	$75 incl GST
	19/06/2022	Paid rent to the Landlord - ComRent - via direct debit - you are to determine the GST on this payment	$825 incl GST
	20/06/2022	The owner took a printer from the office home for his children. Disregard any depreciation or GST implications. Record the general journal entry to record this transaction.	$500
	20/06/2022	Paid Mick's Motors with cheque no. 2152.	$255
	20/06/2022	After reviewing the receipt for rent paid on the 19/06/2022 it was discovered that $125 of the payment was for water rates. (Note: water rates do not have a GST component)	$125
	23/06/2022	Paid wages with cheque no. 2153. Details: Wages was $1,140.Disregard any PAYG Withholding implications.	$1,140
	30/06/2022	Prepare a statement for Tablelands Supplies.
	30/06/2022	Cheques and cash received to date are banked. This transaction does not require a general journal entry. Prepare the banking summary and cash summary slip required for this deposit.
	30/06/2022	The accountant has asked you to prepare the general journal to write off Jim's Buffet outstanding amount as a bad debt (Invoice 7253 for $5,400 dated 07/03/2022).