A Melbourne-based business entity, Dicky Desks, is owned by Dickson Dicky. The business sells desks to retail stores. Dicky Desks uses a perpetual inventory system to account for its inventory. The business is been registered for GST. The GST rate is 10%.

The following selected information is available for Dicky Desks for the week ended 7^th August 2020:

1st August	Purchased 150 desks on credit for $80 (plus GST) each from General suppliers warehouse. Credit term: 2/10, n/30.
2nd August	Returned 10 desks purchased on 1st August to General suppliers warehouse due to some defects on the desks.
4th August	Sold 30 desks on credit to Acquirers Wearhouse for $140(plus GST) each. Credit term 3/10, n/30.
7th August	Paid General suppliers warehouse the amount owed for the 1st August purchase.

REQUIRED:

Prepare the journal entries to record each transaction in August 2020 (Narrations not required).

NOTE: For any debit or credit transactions involving GST specify whether it is GST PAID / RECEIVABLE OR GST COLLECTED / PAYABLE as part of your journal entry

(1.5 + 1.5 + 2 + 2 = 7 Marks)