QUESTION THREE: Ignore GST New World Dealer Pty Ltd had a number of major business transactions and events during the year ended 30 June 2020. An extract is given below: Transaction 1: The owner of New World Computer Pty Ltd Jason Gordon took one of the laptop computers that was intended for sale and gifted it to his daughter on her 2151 birthday. The cost of the computer was $2,000 and recorded as a decrease in inventory and an increase in cost of goods sold for the business. Transaction 2: Jason Gordon, the owner of New World Computer Pty Ltd, wanted to make his company's 2019 profit looks even better. He did not record an interest payment of $10,000 incurred but not due to be paid unitAugust 2020