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looking for an answer to the following for the general journal. I struggled with this question and wasn't sure QUESTION 1 - This question has

looking for an answer to the following for the general journal. I struggled with this question and wasn't sure

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QUESTION 1 - This question has 1 part (75 marks) Charlotte and Nathan runs a partnership in hairdressing industry under the name of "Let it Loose". They provided a couple services and also sell hair-colouring products and hair-treatment products. Their price list and unit costs (if applicable) are shown below. Products Price List ($) Unit Cost ($) Haircut @ $55.00 (GST Inclusive) Wash and blow wave @ $35.20 (GST Inclusive) Hair-colouring products @ $38.50 (GST Inclusive) $21.45 (GST Inclusive) Hair-treatment products @ $49.50 (GST Inclusive) $33.00 (GST Inclusive) Let it Loose is registered for GST, and the following transactions occurred during the first five working days of December 2019 (Monday, 2 December - Friday, 6 December 2019). 2 The business provided multiple bridal services totaling $1,082.40. Cost of services is $277.50 (5 hair-coloring products & 6 hair-treatment products were used). The payment was received immediately after the service. w The business purchased 25 hair-colouring products on credit, net 7. Charlotte took one (1) hair-colouring product for personal use. Provided 27 haircuts and payments were received in cash. One customer was unsatisfied with the haircut earlier in the day, and Charlotte decided to refund the money. 4 Nathan's friend, Georgina, has made an advance payment for a bridal service totalling $715 which will be completed in the middle of December 2019 5 The business returned 4 of the hair-colouring products they purchased earlier in the week as they are not in favour of the colours. 6 Recorded the amount of office supplies consumed throughout the month of December. Opening balance of the Office Supplies account on 2 December 2019 was $550 (DR), but only $120 of office supplies remained at the end of the week. Required: Record the transactions provided above in the general journal provided. (75 marks) Please use the account(s) listed on the Chart of Accounts on the following page

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