F F Kwel services fire extinguishers and sprinkler systems and has annual agreements with its customers, which must be paid for at the commencement of the annual agreement. All agreements commence on 1 February and its accounting financial year ends on 30 June. Revenue totalling $80 916 ($73 560 + $7356 GST) had been received by 31 January 2022. Fire systems revenue received in advance account is used as the source of the standing journal revenue allocated to fire systems revenue account. The balance on the revenue account on 31 January 2022 was $36 470.

You are required to prepare:

• receipt of the fire systems revenue received by 31 January 2022 in general journal format

• standing journal for the end of February 2022

• extract general ledger for the revenue received in advance and the revenue accounts to 30 June 2022, and

• extracts of the income statement and balance sheet for 30 June 2022.