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Google 8 pts Question 51 Hang 10 Surf is a small business selling surf skis, surfboards and boogie boards that was opened on 1 October
Google 8 pts Question 51 "Hang 10 Surf" is a small business selling surf skis, surfboards and boogie boards that was opened on 1 October 2021 by Nick Fanning. Nick sold two surf skis on credit, one on October 12 for $2,800 (excluding GST), and one on October 21 for $1,980 (GST inclusive). On October 23 he purchased inventory for $1,650 (GST inclusive) on credit and on October 29 paid his rent for the month amounting to $1,100 (GST inclusive) The current GST rate is 10%. Required: Assuming there were no other transactions during October, prepare general journal entries to record the above events. TAL MARKS FOR THIS QUESTION = 8 MARKS dit View Insert Format Tools Table I U Ave Tv
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