Kate commenced business as a sole trader under the name Mug Lover" on 1 December, 2020. Mug Lover is based in Burwood, VIC, and has become one of the largest mug wholesalers in the area. The following transactions occurred during the month of July 2021. Date Accounts DR CR 2- July Cash at bank $ 70,000.00 Bank loan $ 70,000.00 9- July Inventory $ 3,320.00 GST Paid $ 332.00 Accounts payable $ 3,652.00 10- JulySales revenue $ 2,200.00 GST Collected $ 220.00 Accounts receivable $ 2,420.00 Inventory $ 1,120.00 COGS $ 1,120.00 $ 6,000.00 16-JulyOffice equipment GST Paid $ 600.00 Cash at bank $ 6,600.00 23-JulyAccounts receivable $ 9,900.00 Sales revenue $ 9,000.00 GST Collected $ 900.00 COGS $ 3,500.00 Inventory $ 3,500.00 24- JulyCash at bank $ 7,000.00 Accounts receivable $ 7,000.00 Required: Post relevant transaction(s) to the Accounts Receivable' ledger and calculate the closing balance at the end of July 2021/beginning balance of August 2021. Required: Record the transactions provided above in the general journal provided. B . 1 III Please type in your answers below: Date Accounts DR ($) CR ($)