The following information relates to the business of Man Tings Travel Agency for the month

of June 2016:

June

1Man Ting Lau invested $120 000 cash into thenew business.

2The business set up an office by purchasing some office equipment for $36 000cash.

3Man Ting hired an assistant to deal with customers for an annual salary of$42 000, payable in monthly amounts.

6The assistant books a holiday to Europe for a client, Wing Ho, for a total cost of$16 000 (unpaid at this stage). The commission to be kept by the business is

10% of the total cost of the trip when Wing Ho pays in full.

15Wing Ho pays $10 000 to Man Tings Travel Agency. Of this amount, $4200represents the total cost of air fares, which will be forwarded to the airline

concerned; and the remainder (excluding the travel agencys commission) is tobe forwarded to a particular hotel chain to cover the clients accommodation.

22The business pays cash to the airline as payment for Wing Hos trip.

25The appropriate amount of cash is paid to the hotel chain for Wing Hos trip.

30The assistant is paid 1 months wages in cash.

Required

Prepare general journal entries to record the above events, as appropriate, in the

accounting records of Man Tings Travel Agency. Ignore GST.