The business is not registered for GST Sandy Price supplied data Inventory (10,000 units @ $3.20) 01 July 2023 $32,000 Accounts Receivable 1st July 2023 $15,000 Accounts Receivable 30th June 2024 $32,000 Accounts Payable 1st July 2023 $24,000 Accounts Payable 30th June 2024 $28,000 Cash Received from Accounts Receivable during the year $68,000 Discount Allowed $3,2000 Discount Received $7,600 Bad Debts written off $1,500 Inventory purchases for the year Units X Price Per Unit = Total Value 12,00 X 3 = 36,000 5,000 X1.9 =9,500 8,500 X2.5 =21,250