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Record all the transactions in the General Journal

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Question - The following transactions appeared in the books of Mamello Stores in the month of June 2020. All transactions exclude VAT. The perpetual inventory system is in use.

Transactions:

Sold goods on credit to Mr Baobab, R7 450, with the mark-up of 25% on sales.

Issued a receipt to Mrs Jones for goods sold R5 670.

Courier charges on purchases, R500; were invoiced to us by Rudi Deliveries.

Issued a credit note to Mr Baobab for oversized products, R450.

Bought goods on credit from Buhle Stores for R6 700.

Sent a debit note to Buhle stores with goods worth R700. Buhle stores acknowledged receipt of the goods and sent the credit note.

Donated merchandise with the value of R2 000 to the local church.

The owner took goods with the selling price of R900 for private use.

YOU ARE REQUIRED TO: Record all the transactions in the General Journal of Mamello stores for June 2020. Narrations are required.

Reference no: EM132616284

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