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Binhs Bin opened a new company for Dumpsters on March 1, 2022. During June 2022, the following transactions occurred: GST 5% June 1 Invested $15,000

Binhs Bin opened a new company for Dumpsters on March 1, 2022. During June 2022, the following transactions occurred: GST 5% June 1 Invested $15,000 cash and Dumpsters worth $6,000 in the business 1 Received additional investment from Bob, a friend of Binh for $6,000 1 Provided services of $20,000 plus GST to Blinken Contractors, with 10% advance and remainder on account 1 Purchased Dumpster Truck for $30,000 (GST included) on account from Big Rig with monthly straight-line depreciation for 5 years 2 Paid $1,500 plus GST for store rent for month of September 2 Tools worth $250 were sold for $100 on Kijiji 3 Truck was sold worth $15,000 for $20,000 through cars website 3 Borrowed $15,000 cash from the bank and signed a 6%, 5 month notes payable 6 Paid $1,200 (GST included) for a one-year insurance policy to Watershed insurance in advance on March 30, to be deducted monthly 10 Received $500 bill (GST not included) from Business Magazine for advertisement 1/10 N30 11 Supplies bought for $1,000 15 Received bill for electricity $90 plus GST on terms 5/20 N30 15 Recurring payment received from Tactical Cleaners for dumpsters rental costing $600. 15 Billed Sushi Japan restaurant $900 for dumpster rental services performed on account with Inv 759. GST was charged separately in another invoice due to clerical error Inv 569 20 Withdrew $700 to pay furniture company for office use and personal expenses both costing $350 25 Received $300 from Sushi Japan 26 Paid Electricity bill in full 27 Truck was sent to have oil changed and air filter replaced costing $550, N30 29 Nick College paid for dormitory dumpster services for Christmas $900 plus GST 29 Renewed lease and paid first and last month rent (including GST). Total amount paid was $3,000 30 Ricks CD Store was a cash one time customer for $6,000, paying for dumpster rental for Christmas time at end of year 30 Owed employees salary of $1,600 30 Paid Business Magazine $300 30 Calculated and Filed CRA GST Return 30 Supplies Used balance was $500 by end of June 30 Received monthly interest revenue of $50 from Tiny Bank for Savings account opened on June 1st 30 Received remainder of payment from Sushi Japan 30 Received $3,000 from Redbird Brothers for payment of account Complete Journal entries for all the above and balance General Ledger where applicable

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