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SydGee ltd completed the following transactions during July 2023 (all amounts include GST of 10%): July 1 Purchased supplies for cash, $880. 4 Purchased inventory
SydGee ltd completed the following transactions during July 2023 (all amounts include GST of 10%): July 1 Purchased supplies for cash, $880. 4 Purchased inventory on credit terms of 3/10, n/eom, $21,120. 8 Returned half the inventory purchased on 4 July. 10 Sold goods for cash, $2,640 (cost, $1540). 13 Sold inventory on credit terms of 2/15, n/45, $21,780 (cost, $11,720). Requirement: Journalise the transactions on the books of SydGee Ltd, including accounting for GST
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