Profiles Tab Window Help "se: ACC101 Introduction in Grades: View in Trial Mid-trimester Exam (0%) X attempt.php?attempt=604774&cmid=153471&page=2 mic KOI Student Teachers' Contact ar Website Portal List Administration Contact List Web Print 1101 Introduction to Financial Accounting T My courses / ACC101_0122 / General / Trial Mid-trimester Exam (0%) 3 Question 3: General journal entries The following transactions relate to the business of "GoGo Ltd" for the month of July 2010. "GoGo Ltd" is registered for GST 1 July Insurance of $1,200 plus GST prepaid for one year (paid in advance) 7 July Sales on Credit (Account) to Customers for $11,000 including GST 15 July Purchased Supplies (Inventory) on Account for $2,000 plus GST 21 July: Paid Accounts Payable of $1,980 25 July Collected Accounts Receivable of $8,800 31 July Depreciation on Motor Vehicles for the year of $2,400 31 July 1 month of annual prepaid insurance of $1,200 has expired (used) Required: Record the transactions above in the general journal with narrations. B 1 EE OP 22