Record the following transactions in the appropriate special journals or general journal for the month of June. Record and post all transactions in accordance with accounting procedures. Once you have recorded all of the transactions, total the columns in each journal and cross check that they balance before submitting for assessment. (Note: In each journal, enter transactions in order of transaction date and then in the order they appear in the transaction list below. For example, enter transactions from 12 June before transactions from 14 June and then enter the 12 June transactions in the order they appear in the transaction list below. If an account total or balance returns to zero, enter 0.00 in the required field, otherwise leave the field blank.)

June 1Cash sale #3357 for hire of diving equipment, total value $315.50, including GST. The customer paid by EFTPOS which went directly into our bank account.

June 4Received the telephone bill (invoice #289467) from Telstra for $376.42, including GST. This was paid immediately with cheque #1194.

June 5Paid Louis Reevsby $960.00 with cheque #1195, the amount owing to him for invoice #1753.

June 6Receive 3 scuba sets (hire equipment) costing $2,600.00 including GST, from Coral Divers Imports together with their invoice #23116 for $2,709.00 which included a freight charge of $109.00. Terms on this invoice are 5/10, N30 and prices include GST.

June 7Invoiced (invoice #3358) Beach and Reef Holidays for the hire of equipment ($1,113.00) and lessons ($1,980.00). Total invoice value $3,093.00 including GST and terms are N30.

June 10Received and banked a cheque for $1,320.00 from Beach and Reef Holidays.

June 12Purchased postage stamps ($61.00 including GST) from Australia Post. These were paid for with cash from petty cash.

June 12Sent cheque #1196 for $2,400.00 to One Stop Diving Shop in payment of their invoice #13467.

June 12The owner, Sam Mackee, cashed cheque #1197 for $2,987.00 for his own use.

June 14Paid Coral Divers Imports $2,573.55 with cheque #1198. This was in payment of their invoice #23116 less prompt payment discount.

June 15Purchased coffee and biscuits (staff amenities) for $26.85 from Campbell's Cash & Carry. This amount includes only $0.72 GST as some of the items are GST free. These were paid for with cash from petty cash.

June 17Sold ex hire equipment to Mark Allen for $658.00 including GST. His cheque for this amount was banked today. This equipment originally cost $782.00, but was written down to $314.00 at the date of sale. Calculate and journalise the profit on the sale.

June 17Received a bill (invoice #2234) from Louis Reevsby for $1,338.00 including GST for diving instruction provided. His terms are N7.

June 18Cash sale (invoice #3359) for hire of equipment $281.60 and lessons $1,320.00. The customer paid the $1,601.60 including GST by EFTPOS.

June 19Invoiced (invoice #3360) Cairns Coral Divers for hire of equipment $2,217.60 and lessons $1,188.00. Total value of invoice $3,405.60 including GST with terms of 10/10, N30.

June 20Purchase fuel for the motor vehicle costing $88.00 including GST. This was paid for with cheque #1199.

June 24Received and banked a cheque for $2,160.00 from Coral Holiday Resort.

June 24Cashed cheque #1200 for $87.85 to reimburse petty cash.

June 24Paid Tank World with cheque #1201 for repairs to scuba tanks costing $352.00 including GST.

June 25Sent cheque #1202 for $432.00 to Australian Super. This was in payment of the amount of superannuation owing for May.

June 26Credit sale to Adventure Tours (invoice #3361) for hire of equipment $792.00 and lessons $1,320.00. Prices include GST and terms are N30.

June 26Received new dive equipment for hire equipment ($1,650.00) from Diving DownUnder together with their invoice #9457 for $1,705.00 including GST, which included a freight charge of $55.00. Terms N30.

June 27Received adjustment note #9462 from Diving DownUnder for $165.00 including GST. This was for the return of one of the dive equipment purchased on invoice #9457.

June 28Paid Coastal Reef Cleaners for cleaning services provided in June $110.00 including GST, by cheque #1203.

June 28Cashed cheque #1204 for $4,060.00 for wages for the month. Gross wages are $4,600.00 and PAYG Withholding deducted was $540.00.

June 28Received and banked a cheque for $3,065.04 from Cairns Coral Divers.

SALES JOURNAL Post Ref Hire Service Income Page: 10 Accounts Receivable Date Invoice No. Account Terms Lesson Income Freight Collected GST Collected June 1 V 3358 N30 10/10, N30 N30 PURCHASES JOURNAL Post Ref Date Invoice No. Account Terms Other Freight Expense Page: 11 Accounts Payable GST Paid (Outlays) June 6 5/10, N30 V 23116 SNOH NZ N30 V V Page: 12 CASH PAYMENTS JOURNAL Debits GST Paid (Outlays) Credits Discount Received Date Account Cheque No. Post Ref Accounts Payable Other Bank Account Petty Cash GST Paid (Outlays) June V CASH RECEIPTS JOURNAL Page: 14 Debits Discount Given Credits Accounts Receivable Date Account Bank Account Post Ref GST Collected Hire Service Income Lesson Income GST Collected Other June 1 315 GENERAL Page: 20 Date Description Post Ref Debit Credit June pen (Transfer profit on sale of ex hire equipment to Mark Allen) 1 (Adjustment note #9462 from Diving DownUnder for the return of hire equipment) SALES JOURNAL Post Ref Hire Service Income Page: 10 Accounts Receivable Date Invoice No. Account Terms Lesson Income Freight Collected GST Collected June 1 V 3358 N30 10/10, N30 N30 PURCHASES JOURNAL Post Ref Date Invoice No. Account Terms Other Freight Expense Page: 11 Accounts Payable GST Paid (Outlays) June 6 5/10, N30 V 23116 SNOH NZ N30 V V Page: 12 CASH PAYMENTS JOURNAL Debits GST Paid (Outlays) Credits Discount Received Date Account Cheque No. Post Ref Accounts Payable Other Bank Account Petty Cash GST Paid (Outlays) June V CASH RECEIPTS JOURNAL Page: 14 Debits Discount Given Credits Accounts Receivable Date Account Bank Account Post Ref GST Collected Hire Service Income Lesson Income GST Collected Other June 1 315 GENERAL Page: 20 Date Description Post Ref Debit Credit June pen (Transfer profit on sale of ex hire equipment to Mark Allen) 1 (Adjustment note #9462 from Diving DownUnder for the return of hire equipment)