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Question 3: (15 Marks) Following are the transaction of Pony Book Pty Ltd. All purchases and sales price are including GST. March 5 Received purchase

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Question 3: (15 Marks) Following are the transaction of Pony Book Pty Ltd. All purchases and sales price are including GST. March 5 Received purchase invoice from supplier XYZ Ltd. for inventory $8,000. March 5 Received telephone bill $300 from Optus. March 6 Sold 32 books to ABC Pty Ltd. Selling price $70. March 15 Paid telephone bill to Optus. March 15 Received payment from ABC Pty Ltd for the sale on March 6. March 21 Paid to suppliers XYZ Ltd. for books purchased on March 5. March 31 Depreciation for computer to be recorded for the month $1500. Required: Write the journal entries for the above transactions. [Answer here] Details Dr

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