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Miura holdings Pty Ltd was registered on 1 June 2021, and uses a periodic inventory system to account for inventory Miura holdings incurred the following
Miura holdings Pty Ltd was registered on 1 June 2021, and uses a periodic inventory system to account for inventory Miura holdings incurred the following transactions for the month of June 2021 Date Transactions Amount $ 50,000 2/06/202 issue of shares by private placement 3/06/2021 Purchased an inventory for resale from Jim on credit; terms: 2/15, n/30. 5/06/2021 Paid rent for June 2021. $ 10,000 $ 5,000 $ 5,000 $ 50,000 $ 9,800 6/06/2021 Purchased stock from on credit from Alex terms: n/30. 7/06/2021 Sold merchandise to Richard on credit 12/06/2021 Paid the supplier (Jim) for 3 June purchase. 14/06/2021 Sold merchandise to Behnaz on credit 15/06/2021 Received payment for June 7 sales (Richard), less discount. 17/06/2021 Customer (Behnaz) returned some goods back 21/06/2021 Purchased merchandise from Lily on credit; terms: 2/15, n/30. $ 6,000 $ 9,800 $ 3,000 $ 9,000 arning Time left 11:23 $ 9,800 $ 3.000 $ 9,000 14/06/2021 Sold merchandise to Behnaz on credit 15/06/2021 Received payment for June 7 sales (Richard), less discount 17/06/2021 Customer (Behnaz) returned some goods back 21/06/2021 Purchased merchandise from Lily on credit: terms: 2/15, 1/30. 22/06/2021 Sold for cash to walk in customers 24/06/2021 Returned faulty goods back to Lily 30/06/2021 Paid month's wage to sales assistant 30/06/2021 Received a bill for the utilities used 30/06/2021 Declared and paid dividend $ 2.000 $ 3,000 $ 11,000 $ 10,000 $ S 5,000 Record the June transactions. Date Particulars Debit Credit ( 2/06/2021 3/06/2021 ( 3/06/2021 Time left 1:10:15 5/06/2021 . . 6/06/2021 . . e 7/06/2021 . . . . . 12/06/2021 . Purchase Discount (Discount received) . . 14/06/2021 . 4 Cash at Bank Cash at Bank 15/06/2021 Time left 09:43 17/06/2021 . . 21/06/2021 . 22/06/2021 4 24/06/2021 . 4 . 30/06/2021 (P . . 30/06/2021 . . 22/06/2021 24/06/2021 Time left 1:09:22 . 0 30/06/2021 . 30/06/2021 . 30/06/2021
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