Show the following transactions in the two journals of S Alderson. Assume first that periodic inventory applies and then that perpetual inventory applies.

19 June 2022: Goods were sold to R Friscioni, who paid for the $220 ($200 + $20 GST) sale by cheque, which had an inventory cost of $120. The cheque was deposited that day.

23 June: The bank advised that the $220 cheque from R Friscioni had been dishonoured.

24 June: R Friscioni advised that the temporary problem with the account had been corrected and that the cheque should be deposited again.