8 Section B Question 2 (19 Marks) Quickstep retailers carried out the following transactions relating to a single product in March: GST is 10%. March 3 Purchased 120 units for 580 each plus GST, on credit. Returned 6 units which were unsuitable. 11 Sold 80 units for $100 each plus GST, on credit. 16 Customer returned 6 units sold on 11 March. 18 Received amount due from customer who made the March 11 purchase. Quickstep sold 10 units for a total of $1,000 plus GST, terms 3/10, 1/30 The customer paid the amount due. The physical inventory stocktake at the end of the month consisted of 4 fewer units than the inventory account balance. Required: Using a perpetual inventory system, prepare general journal entries to record the above transactions, including GST (narrations are not required) 22 25 30 B 1 ili 45 Enter your Journal entries into the template below: Date Description Debit Credit