Question
The Good Guys engaged in the following transactions during April of the current year (all expenses, purchases and sales include GST at a rate of
The Good Guys engaged in the following transactions during April of the current year (all expenses, purchases and sales include GST at a rate of 10%, values to the nearest integer):
April 18: Sold inventory on credit terms of 2/10 n/30, $6842(cost, net of GST, $3898).
April 22: Received returned goods from the customer of the 18 June sale, $2736 (cost, net of GST, $1411).
April 28: Received cash in full settlement of the account from the customer who purchased inventory on 18 April, less the return on 22 April.
Journalise the transactions. Narrations are not require
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