Record the transactions into the cash receipts

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Reference no: EM132983848

The following transactions occurred for Happy Life Ltd. during September.

2018 Transaction details

1 Sept Sold goods to A Smith on credit $5,753 including GST

2 Sept Cash sales $3,300 including GST

2 Sept Cash purchase of goods from F Bianchi $1,034 including GST

3 Sept Purchased printer for use in the business on credit from Office Supplies $990 including GST

6 Sept Paid Wages $1,500

7 Sept Cash sales $5,940 including GST

9 Sept Damaged goods returned from A Smith $550

13 Sept Sold Computer on credit to B Jones $1,100 including GST

15 Sept Paid electricity $1,815 to Oz Energy, including GST

20 Sept Received $5,203 from A Smith on account.

22 Sept Credit purchases from P Gibson $4,180 including GST

24 Sept Credit purchases from E Egg $2,640 including GST

24 Sept Sold goods on credit to C Cat $1,540 including GST

28 Sept Cash sales $3,740 including GST

30 Sept Paid Office Supplies $990 for amount owing on their account

30 Sept Returned damaged goods to E Egg $440 including GST

Required:

Problem 1. Record the transactions into the Cash Receipts, Cash Payments, Sales Distribution and Purchases Distribution Journals of Happy Life Ltd for the month of September 2018.

Reference no: EM132983848

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