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Question 10 (8 marks) You have been asked to assist with the accounting for GST to the Inland Revenue Department for Wholesome Limited for the
Question 10 (8 marks) You have been asked to assist with the accounting for GST to the Inland Revenue Department for Wholesome Limited for the quarter ended 31 December 2022. You have gathered the following information: Required: Journalise the sales and purchases transactions, as well as the settlement of GST with the taxation authority (i.e., payment or refund), using the GST paid and GST collected accounts (assume a GST rate of 10% and all sales and purchases were made with cash). Fill in your answer in the boxes provided for Q 10 below. Not all boxes need to be completed. For general journal entries, narrations are NOT required. Make sure each Debit (Dr) and Credit (Cr) entry is typed in on a separate line within the Inspera text answer box
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