Please refer to Chapter 7 Accounting Principles Book one to complete the following Task 7-8 Happy Pictures had the following transactions during June. All amounts include GST where applicable. Date Details Cost of Sale June 2 Sale to Sherwin June 5 Sale to Bill June 12 Sales to Liar June 18 Return from Sherwin June 22 Cash Receipt - Bill Amount (incl GST) $ 1,100 $ 1,034 $ 1,672 5165 $935 $ 850 $630 $1,400 $100 Task 7 7 Create General Journal Entries and post to the General Ledger and Receivables ledgers Answer: General Journal - RMIT Bookstore Particulars Date Debit Credit General Ledger - RMIT Bankstore Bank Particulars Debit Credit Date June 01 Balance Balance 6.80I UR Account Receivable Dehit Date Particulars Credit Balance Inventory Debit Partirulars Credit Date June 01 Balance Balance 12,500 DR GST Collected Debit Date Particulars Credit Balance Capital Debit Particulars Credit Date: lune 101 Halance 19,200 DR Balance Sales Revenue Debit Date Particulars Credit Balance COGS Debit Date Particulars Credit Balance Receivables Subsidiary Ledger - RMIT Bookstore Bill Debit Credit Date Particulars Balance Liam Date Particulars Debit Credit Balance Sherwin Drbit Date Particulars Credit Balance Receivables Reconciliation - RMIT Bookstore Rill Llam Shervin Balance per Control Account