Question: enter the transactions below into the general journal and then...
Enter the transactions below into the General Journal and then update the Ledger accounts as required.
January 2 Sold 100 Lunch in a Box meals on credit to School Snackers for $990 (including GST).
January 3 Made a cash sale of $650 (net of GST) to Philip Heathers when they bought 10 Cake it Away desert kits.
Received a cheque from Delicious Deserts as full payment of their account.
January 5 Purchased 50 Cake it Away desert kits from Flavour and Thensome. Each kit costs $30 and there is a delivery charge of $100. All amounts are net of GST.
January 7 Sold 20 Gourmet Dinner Just Heat It meals to Help Those in Need for $25 each plus a delivery fee of $50. The total GST charged was $55
January 9 Issued Cheque number 1034 to Prepared for Good. The cheque amount was $2024 and a discount of $176 (including GST of $16) was received for early payment.
January 11 Purchased 200 Ultimate BBQ Flavours packs on credit from Ingredients Plus. Each pack costs $50 and there is a delivery charge of $0.50 per pack. All amounts are net of GST.
January 13 Sold 25 Cake it Away desert kits on credit to Delicious Deserts for $60 each (including GST).