Can I please have some help with my General Journal entries to transfer the income and expense accounts to Profit and Loss please :) I have attached all required information. - Chart of Accounts (left half of screenshot) - General Journal to be completed (right half of screenshot) - Email of information (pasted below) - My Calculations (link below) Thankyou so much in advance for any help :) LINK : https://www.coursehero.com/u/file/214571954/NEOZONE-CALCULATIONSpng/

EMAIL : Hi, Thanks for agreeing to prepare our financial statements. Here's some information to assist you.

- We have a cash only policy when dealing with suppliers of inventory and pay in full at the time the purchase orders are placed. All inventory is stored at the business premises. - The cash only policy also applies to sales. All sales orders are placed through an online shopping portal called Shipit_Au which is linked to the business website. Shipit_Au collects the money and transfers the funds to the business bank account within one working day. An order fee of 2% of sales revenue is charged quarterly for this service.

- Harpo Delivery Service collects the parcels and delivers them to customers. - All sales, inventory purchases and most expenses incur GST of 10%. The exception is depreciation. - The cost of electricity is included in the monthly rent. - Operating expenses are paid monthly with the exception of insurance which was paid a year in advance on April 1. The cost of packaging purchased in April is expensed to the 3-month period. - A periodic inventory system is used. On June 30, a stocktake was performed and the inventory balance was determined to be $9,334. - Depreciation to be charged is $250 on computer equipment, $20 on furniture and $90 on software. - GST owed on June 30 is due for payment on July 28.

Let us know if you have any questions. Regards, James, Leona and Brady.