Question: PLS ANSWER THIS ASAP Part B (8 marks) Using the periodic inventory system, prepare general journal entries for the following selected transactions of Harlow Ltd
Part B (8 marks) Using the periodic inventory system, prepare general journal entries for the following selected transactions of Harlow Ltd in July. Ignore GST. Required: 1) Prepare the journal entries to record each of the above transactions in the accounting records of Harlow Ltd. (7 marks) 2) Prepare the journal to record the transaction on 17 July, assuming that $4510 is GST inclusive. (1 mark) (Narrations in the general journals are not required. Both account names and figures should be correct in order to award marks. Type your response directly into the template in the text box below.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
