QUESTION 1: Journal Entries 1 Prepare full journal entries for the following transactions made by sole trader, Jo Kravitz: (1) 1/3/20 Stock was purchased on credit from Suppliers-R- Us for 350 (ii) 5/3/20 Customer Sing Lee returned an item of stock due to poor quality and was given a cash refund of 20 (ii) 6/3/20 500 was paid by bank transfer to Business Cover to pay for the annual insurance (iv) 10/3/20 2,000 paid from business bank account for a family holiday in 2021 (16 marks)