The June transactions above have been journalised and posted.

Cash at bank							No. 100
Date		Details	Debit	Date		Details	Credit
June	1	Capital	27,400	June	1	Shop equipment (cost)	3,060
	6	Sales income	402		2	Prepaid insurance	3,624
	16	Accounts receivable	5,738		3	Rent	1,880
	21	Sales income	786		14	Accounts payable	5,100
	29	Accounts receivable	12,180		17	Accounts payable	9,360
					24	Wages	469
					27	Drawings	930
					30	Bank loan	1,060

Accounts receivable							No. 110
Date		Details	Debit	Date		Details	Credit
June	8	Sales income	6,040	June	16	Cash at bank	5,738
	15	Sales income	7,291		16	Discount allowed	302
	20	Sales income	12,180		22	Sales returns and allowances	460
	30	Sales income	5,470		29	Cash at bank	12,180

Inventory							No. 120
Date		Details	Debit	Date		Details	Credit
June	2	Accounts payable	17,582	June	6	Cost of sales	175
	10	Accounts payable	10,400		7	Accounts payable	150
	22	Cost of sales	205		8	Cost of sales	2,806
	28	Accounts payable	10,880		15	Cost of sales	3,190
					20	Cost of sales	6,420
					21	Cost of sales	290
					30	Cost of sales	2,020

Prepaid insurance							No. 130
Date		Details	Debit	Date		Details	Credit
June	2	Cash at bank	3,624	June

Shop equipment (cost)							No. 171
Date		Details	Debit	Date		Details	Credit
June	1	Bank loan	39,360	June
	1	Cash at bank	3,060

Accounts payable							No. 200
Date		Details	Debit	Date		Details	Credit
June	7	Inventory	150	June	2	Inventory	17,582
	14	Cash at bank	5,100		10	Inventory	10,400
	17	Cash at bank	9,360		28	Inventory	10,880
	17	Discount received	1,040

PAYG withholding payable							No. 220
Date		Details	Debit	Date		Details	Credit
June				June	24	Wages	41

Bank loan							No. 230
Date		Details	Debit	Date		Details	Credit
June	30	Cash at bank	1,060	June	1	Shop equipment (cost)	39,360

Capital							No. 300
Date		Details	Debit	Date		Details	Credit
June				June	1	Cash at bank	27,400

Drawings							No. 310
Date		Details	Debit	Date		Details	Credit
June	27	Cash at bank	930	June

Sales income							No. 400
Date		Details	Debit	Date		Details	Credit
June				June	6	Cash at bank	402
					8	Accounts receivable	6,040
					15	Accounts receivable	7,291
					20	Accounts receivable	12,180
					21	Cash at bank	786
					30	Accounts receivable	5,470

Sales returns and allowances							No. 410
Date		Details	Debit	Date		Details	Credit
June	22	Accounts receivable	460	June

Discount received							No. 420
Date		Details	Debit	Date		Details	Credit
June				June	17	Accounts payable	1,040

Cost of sales							No. 500
Date		Details	Debit	Date		Details	Credit
June	6	Inventory	175	June	22	Inventory	205
	8	Inventory	2,806
	15	Inventory	3,190
	20	Inventory	6,420
	21	Inventory	290
	30	Inventory	2,020

Discount allowed							No. 610
Date		Details	Debit	Date		Details	Credit
June	16	Accounts receivable	302	June

Rent							No. 640
Date		Details	Debit	Date		Details	Credit
June	3	Cash at bank	1,880	June

Wages							No. 650
Date		Details	Debit	Date		Details	Credit
June	24	Cash at bank	469	June
	24	PAYG withholding payable	41

Prepare a trial balance as at 30 June and schedules of accounts receivable and accounts payable.