Prepare the journal entries of the following transactions for the MYOB setup.

23 Jan Sold items on credit to Jerry Technology. Some of these items were previously ordered on 13 January and delivered the following items to Jerry Technology:

7 units DK800 desktop computers for $1,210 each (includes 10% GST)

27 units Swish Phones for $2,090 each (includes 10% GST)

2 units Tony ZIO MLP projectors for $2,640 each (includes 10% GST).

23 Jan Hypertronics returned 2 units NR759 video recorders that were originally purchased on 19 January, for $1,650 each (includes 10% GST) . Edgar issued a credit note (negative invoice) for the return of the above items and applied that credit note to the original invoice.

24 Jan Returned 3 faulty DK800 desktop computers that were purchased on 9 January for $781 each (includes 10% GST). Big Telco authorised the return and issued credit note Supplier Inv#VCM0001 which is to be applied to Invoice No. 804.

27 Jan Issued Cheque No. 4029 to Big Telco for the full balance outstanding on the account.

31 Jan Received Cheque No. 614 from Handys Electronics in full payment of Invoice No. 3292, ID #CR000007.

31 Jan Issued Cheque No. 4030 for $2,890 to pay for the current month's salary of the sales consultant. The base salary for the month was $3,400 and Edgar calculated the Pay-As-You-Go (PAYG) tax withheld using a new tax table as $510. No other taxes or allowances applied.

31 Jan Issued Cheque No. 4031 for $3,315 to pay for the current month's salary of the accountant. The base salary for the month was $3,900 and Edgar calculated the Pay-As-You-Go (PAYG) tax withheld using a new tax table as $585. No other taxes or allowances applied.

31 Jan Issued Cheque no. 4032 for the amount of $1,320 (includes 10% GST) to Enroff for payment of the electricity bill for the current month.

31 Jan Paid $1,540 (includes 10% GST) to Vopstra for the current month's phone bill, Cheque no. 4033.

31 Jan Issued Cheque No. 4034 for $205 to MRMC Bank for the current month's interest on bank loan (use the FRE tax code).

Question

Prepare the journal entries of the following transactions for the MYOB setup.

23 Jan Sold items on credit to Jerry Technology. Some of these items were previously ordered on 13 January and delivered the following items to Jerry Technology:

7 units DK800 desktop computers for $1,210 each (includes 10% GST)
27 units Swish Phones for $2,090 each (includes 10% GST)
2 units Tony ZIO MLP projectors for $2,640 each (includes 10% GST).

23 Jan Hypertronics returned 2 units NR759 video recorders that were originally purchased on 19 January, for $1,650 each (includes 10% GST) . Edgar issued a credit note (negative invoice) for the return of the above items and applied that credit note to the original invoice.

24 Jan Returned 3 faulty DK800 desktop computers that were purchased on 9 January for $781 each (includes 10% GST). Big Telco authorised the return and issued credit note Supplier Inv#VCM0001 which is to be applied to Invoice No. 804.

27 Jan Issued Cheque No. 4029 to Big Telco for the full balance outstanding on the account.

31 Jan Received Cheque No. 614 from Handys Electronics in full payment of Invoice No. 3292, ID #CR000007.

31 Jan Issued Cheque No. 4030 for $2,890 to pay for the current month's salary of the sales consultant. The base salary for the month was $3,400 and Edgar calculated the Pay-As-You-Go (PAYG) tax withheld using a new tax table as $510. No other taxes or allowances applied.

31 Jan Issued Cheque No. 4031 for $3,315 to pay for the current month's salary of the accountant. The base salary for the month was $3,900 and Edgar calculated the Pay-As-You-Go (PAYG) tax withheld using a new tax table as $585. No other taxes or allowances applied.

31 Jan Issued Cheque no. 4032 for the amount of $1,320 (includes 10% GST) to Enroff for payment of the electricity bill for the current month.

31 Jan Paid $1,540 (includes 10% GST) to Vopstra for the current month's phone bill, Cheque no. 4033.

31 Jan Issued Cheque No. 4034 for $205 to MRMC Bank for the current month's interest on bank loan (use the FRE tax code).

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Prepare the journal entries of the following transactions for the MYOB setup. 23 Jan Sold items on credit to Jerry Technology. Some of these items

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