B. Sedgwick started business on 1 January, 20X0. During the first two weeks the business had the transactions provided below. This business is registered for GST at the rate of 10%. The transaction amounts provided for the first two weeks of January are including GST. The business uses a periodic inventory system.

Jan 1 The owner started the company by investing $22,500 of personal cash in the business.

1 Paid three months' rent in advance by issuing Cheque No 001 for $990.

2 Purchased merchandise on credit from Hilton Company, $6,600; terms 2/10, n/30.

5 Sold merchandise to Stauton Pty Ltd, $2,475; Invoice No 100; terms 2/10, n/30.

9 Paid for the rental of a delivery truck, $44; issued Cheque No 002. (Record as delivery expense).

9 Stauton Pty Ltd returned unwanted merchandise that had been sold to them for $495 and Sedgwick issued a credit note.

11 Purchased merchandise on credit from Melbrook & Co, $5,181; terms 2/10, n/30.

12 Paid Hilton Company for the merchandise purchased on January 2, issued Cheque No 003.

12 Sold merchandise for cash, $3,850.

12 Paid salaries, $1,320; issued Cheque No 004.

12 Returned defective merchandise purchased from Melbrook & Co. and received a debit note for $946.

12 Purchased merchandise for cash, $1815; issued Cheque No 005.

14 Received payment from Stauton Pty Ltd relating to Invoice No 100.

15 Sold merchandise to Blackthorn Co., $1,815; Invoice No 101; terms 2/10, n/30.

15 Paid Melbrook & Co. for merchandise purchased on January 11, issued Cheque No 006.

Required:

1.Record the above transactions in the appropriate special journals provided. (PJ, SJ, GJ, CPJ, CRJ)