June 1 Granville Alarms & Locks paid the balance of its account and were given a discount of $17,136 by us. Delivered goods to Lidcombe Oils & Tools for $614,628 and issued invoice #981. Issued cheque #530 to pay $68,040 for delivery costs of inventory to their premises.

June 4 Paid the amount owing to Cherrybrook Car Accessories and Cheque #531 was sent to the Creditor.

June 7 Total Cash Sales for the week were $173,502

June 9 Macquarie Covers & Seats paid $246,078 toward the amount it owes us.

June 10 Made a purchase from Pennant Hills Car Accessories for $527,310 for inventory: Terms are 1/10, n/45 and date of invoice was 10 June. The firm issued cheque #532 for the purchase of Stationery Supplies amounting to $49,896.

June 11 Granville Alarms & Locks purchased inventory of $619,164. Invoice #982 was issued.

June 12 Some of the car products purchased on 10 June from Pennant Hills Car Accessories were the incorrect colour. We returned the inventory in exchange for a Credit Note of $170,100. June 14 Total Cash Sales for the week were $237,006.

June 15 Paid office staff salaries of $661,122. Cheque #533 was issued for payment. Cheque #534 was issued to pay sales staff wages, $561,330. June 16 Purchased inventory from Cherrybrook Car Accessories for $867,510. The invoice was dated 16 June. Credit terms are 2/10, n/30. June 18 Sold inventory to Macquarie Covers & Seats for $1,119,258 on invoice #983. Issued cheque #535 to pay for delivery costs of $85,050.

June 19 The company issued cheque #536 to pay the amount still owing to Pennant Hills Car Accessories

June 21 Total Cash Sales for the week were $225,099.

June 23 Macquarie Covers & Seats returned $212,058 of inventory purchased on 18 June. Issued a Credit Note for the transaction.

June 24 Issued Cheque #537 for $113,400 to pay for the annual gift the company donates to the World Peace Charity Fund. The gift is to be recorded as a Sundry Expense in the accounts.

June 25 Purchased inventory from Pennant Hills Car Accessories, worth $844,830. The terms were 1/10, n/45. Date of the invoice was 25 June.

June 26 Received the total amount owing from Macquarie Covers & Seats. June 28 Total Cash Sales for the week were $353,808.

June 29 Lidcombe Oils & Tools paid the entire balance of its still outstanding account.

June 29 Reduced $680,400 of the amount owing to Pennant Hills Car Accessories and Cheque #538 was issued.

June 29 A dividend of $1,593,900 was declared to the company shareholders. However, the dividend will not be paid until 28 November 2023. Paid sales staff wages, $561,330 and Cheque #539 was issued to meet the payment.

June 30 Issued additional shares to the Shareholder owners of the Company for cash, and $1,134,000 was received and banked from the share issue. Total Cash Sales for the week were $210,924.

Fill in blank ledger accounts with their balances.

Credit ($) Debit ($) 5,531,652 2,143,260 1,359,099 7.030,800 6,656,580 102,060 4,592,700 1,559,250 765,450 1,382,346 UNADJUSTED TRIAL BALANCE AND CHART OF ACCOUNTS As at 31 May 2023 Acc. Account 100 Cash at Bank 101 Accounts Receivable Control 102 Stationery Supplies 103 Inventory 104 Prepaid Rent (paid 1 March 2023) 105 Prepaid Insurance (paid 1 Nov. 2022) 150 Showroom Fittings 151 Accumulated Depreciation - Showroom Fittings 160 Equipment 161 Accumulated Depreciation - Equipment 200 Accounts Payable Control 201 Interest Payable 202 Utilities Payable 203 Wages Payable 204 Salaries Payable 205 Tax Payable 206 Dividend Payable 250 Mortgage Loan (due 31 July 2038) 300 Share Capital 301 Retained Profts (1 July 2022) 302 Dividends Declared 303 Profit and Loss Summary 400 Sales Revenue 401 Sales Discounts (Discount Allowed) 402 Sales Retums and Allowances 500 Purchases 501 Purchase Discounts (Discount Received) 502 Purchase Retums and Allowances 600 Freight-Out 601 Wages Expense - Sales Staff 602 Depreciation Expense - Showroom Fittings 603 Depreciation Expense - Equipment 604 Stationery Expense 605 Rent Expense 606 Insurance Expense 607 Advertising Expense 608 Interest Expense 609 Utilities expense 610 Tax Expense 611 Sundry Expenses 612 Salaries Expense - Office Staff 613 Bad Deots Expense 5,462,478 10,206,000 8,671,698 36,411,606 279,531 78,813 17,341,695 217,728 91,287 26,082 8,713,089 394,632 526,176 27,216 6.845,958 63,209,593 63.208,593 Credit ($) Debit ($) 5,531,652 2,143,260 1,359,099 7.030,800 6,656,580 102,060 4,592,700 1,559,250 765,450 1,382,346 UNADJUSTED TRIAL BALANCE AND CHART OF ACCOUNTS As at 31 May 2023 Acc. Account 100 Cash at Bank 101 Accounts Receivable Control 102 Stationery Supplies 103 Inventory 104 Prepaid Rent (paid 1 March 2023) 105 Prepaid Insurance (paid 1 Nov. 2022) 150 Showroom Fittings 151 Accumulated Depreciation - Showroom Fittings 160 Equipment 161 Accumulated Depreciation - Equipment 200 Accounts Payable Control 201 Interest Payable 202 Utilities Payable 203 Wages Payable 204 Salaries Payable 205 Tax Payable 206 Dividend Payable 250 Mortgage Loan (due 31 July 2038) 300 Share Capital 301 Retained Profts (1 July 2022) 302 Dividends Declared 303 Profit and Loss Summary 400 Sales Revenue 401 Sales Discounts (Discount Allowed) 402 Sales Retums and Allowances 500 Purchases 501 Purchase Discounts (Discount Received) 502 Purchase Retums and Allowances 600 Freight-Out 601 Wages Expense - Sales Staff 602 Depreciation Expense - Showroom Fittings 603 Depreciation Expense - Equipment 604 Stationery Expense 605 Rent Expense 606 Insurance Expense 607 Advertising Expense 608 Interest Expense 609 Utilities expense 610 Tax Expense 611 Sundry Expenses 612 Salaries Expense - Office Staff 613 Bad Deots Expense 5,462,478 10,206,000 8,671,698 36,411,606 279,531 78,813 17,341,695 217,728 91,287 26,082 8,713,089 394,632 526,176 27,216 6.845,958 63,209,593 63.208,593