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David runs an optical store D Only Opt, where he sells sunglasses and eyeglass frames, as well as providing a comprehensive eye health and vision

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David runs an optical store "D Only Opt", where he sells sunglasses and eyeglass frames, as well as providing a comprehensive eye health and vision exam. The business is a partnership between David and his brother, Daniel. Their price list and unit costs (if applicable) are shown below. Sketch I Product and Service I Price List (5) I Unit Cost (5) I I Eye health and vision exam I $86.90 (GST Inclusive) I - I Eyeglass frame $31.90 (GST Inclusive) $15.40 (GST Inclusive) Sunglasses $184.80 (GST Inclusive) $ 93.50 (GST Inclusive) D Only Opt is registered for GST, and the following transactions occurred during the last three (3) days of November 2019. 28 Purchased 35 frames on credit, 2110 net 30', the business can opt to either receive 2 % discount for payment to the supplier with 10 days or without any discount in 30 days. 28 Provided a total of $2,085.60 (GST Inclusive) of eye vision examination. Payment received in cash immediately after the examination. 28 The business sold 7 eyeglass frames and 3 sunglasses. Payment received in cash. 29 David accidentally use his business debit card to purchase a birthday cake for his friend. The cake cost $33 (GST Inclusive). 29 Sold 15 sunglasses to his friend, George, for his wedding at the end of the year 2019. David had made a credit sale arrangement with George to allow George to pay the full amount on the 20'h of December 2019. 29 The business returned 4 faulty eyeglass frames purchased on the 28''1 of November 2019. 29 The business purchased some fresh fruits for staff consumption from Coles totalling $13.20. (Account: Miscellaneous Expense) 30 Received utilities bill for the month of November 2019 $2,915 (GST Inclusive) and paid immediately. 30 Recorded the amount of office supplies consumed throughout the month of November. The business purchased $770 (GST Inclusive) of office supplies on the 4'\" of November. Opening balance of the Ofce Supplies account on 1 November 2019 was $550 (DR), but only $120 of ofce supplies remained at the end of the month. 30 Recorded unpaid interest expense of $550. 30 Paid staff salaries for the fortnight totalling $10,068 with cash. (Gross salaries $13,454; PAYG $3,386)

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