transactions: February $2024.$

Date Description

$3$ Paid rent to Landlord Pty Ltd for the next $2($two$)$ months $-$ $$2,000$

$5$ Received and paid Vehicle expenses from Holden $$125$

$7$ Received payment from The Electronic Store Pty Ltd for January account.

$8$ Received payment from Big HiFi for January account.

$9$ Paid Sanyo Pty Ltd$.$ for January account.

$10$ Paid EZ AUST. Pty Ltd$.$ for January account.

$11$ Pay day. Betty was paid for $65$ hours and Terry was paid for $65$ hours, which

includes wages owing from January. $($see the TB from January$)$

$12$ Purchased more inventory $25$ x EST and $21$ x SMS$,$ both on credit

$13$ Returned $4$XSMS to Sanyo Ltd due to the inventory being damaged

$15$ Credit sales to Electronic Store for the following items:

$13$ x SMS$,19$ x EST.

$16$ The Electronic Store returned $2$ X SMS$,$ due to an order mistake, the goods were

returned to inventory.

$17$ Cash sales to Rivoli HiFi. Inventory sold: $10$ x SMS and $12$ x EST

$19$ Paid Telstra invoice for Telephone Expenses $$500$

$25$ Pay day. Betty was paid for $65$ hours and Terry was paid for $65$ hours.

$29$ Borrowed money from the ABC bank, $$17,000$ at an interest rate of $6\%$

Adjustments at $29$th February $2024.$

$1.$ Depreciation of computer equipment is $$1,200$ per annum.

$2.$ Depreciation of Warehouse equipment is $$1,800$ per annum.

$3.$ Accrued wages: Betty $16$ hour and Terry $16$ hours.

$4.$ Stationery on hand as of $29$th February $2024$ totalled $ $350.$

$5.$ The portion of prepaid insurance expired as of $29$th February $2024$ is $$300.$

record general journay