1 Paid Rent for business premises for August - $1,760 (Including GST). 1 Bank loan and interest paid - $1,157.50. 2 Purchases of inventory from both suppliers: from Rower Gears Ltd 10 Rowing machines, and from Cycle Bazaar - 12 Exercise Bikes. All inventory was received within 24 hours. 3 Paid Tru Energy for July energy bill - $170.00 (Including GST) 4 Credit Sales of inventory to Village Fair 6 Rowing machines and 4 Exercise Bikes. 5 Received payment from all Customers for amounts owing on July 31st. Discounts for early settlement were made to customers paying within the discount period. 6 Paid all suppliers in full for July account balances. Discount needs to be applied for payments within the discount period. 7 Credit sales to Offline Education Organisation 10 Rowing machines and 7 Exercise Bikes. 8 Cash customers paid for 25 hours of Fitness classes. All classes will be completed over the next 12 days. (Since the classes will be completed in August, this transaction can be accounted/recorded as income directly rather than unearned income). 9 Paid for motor vehicle fuel - $99 (Including GST) for the month of August 10 Paid for office stationery expenses - $220.00 (Including GST) for the month of August. 12 Wages paid to Josie (the fitness instructor) for 10 classes completed in August as well as the wages owing for July. (Note: Do not use the payroll section of MYOB, instead record the wages expense and PAYG tax withheld as a cash payment. Use the spend money section to pay wages). 14 Adeline (owner) withdraws cash drawings of $500.00. 23 Adeline takes home an exercise bike as drawings. 25 Paid for motor vehicle fuel - $132.00 (Including GST) for the month of August. 26 Wages paid to Josie for another 15 classes completed in August. (Note: Do not use the employee section of MYOB, instead record the wages expense and PAYG tax withheld as a cash payment. Use spend money section to pay wages). 30 The monthly bank statement received from ANZ Bank for August showed the following: Bank fees - $20.00. (GST exempt). Direct Debit (on August 1) from MBC Advertising for $178.00 (Including GST). This advertising is for the month of August 2020. In previous months, MBC used to send the Invoice 7 directly to SevenDays Fitness, but it is now a direct debit from the account. 30 Paid for accounting fees for the month of August. Assume that you have provided bookkeeping work for SevenDays Fitness. They have paid for your accounting fees for August. The amount that they paid is decided based on your student ID numbers last 3 digits. Create the customer card using your name and enter it at the card area in Spend Money section. For example, Paul is a student of this unit and his student ID number is S3819774, then Paul should record $774 (excluding GST) as the accounting fees for August (the last 3 digits of his student number). He shall include his name Paul at the card area in Spend Money section. Please note that it is a must that you use your own student number to decide your accounting fees.