Transaction no. Particulars Account no. Debit Credit 1. Cash at bank 1100 Accounts receivable 1101 .68930 .68930 (Collection of receivables) 2. Accounts receivable 1101 81455 GST payable 2203 .7405 Consulting fees revenue 4400 .74050 (Fees receivable for year) 3. Prepaid rent 1102 .12250 GST receivable 1105 .1225 Cash at bank 1100 .13475 (Rent paid for in advance) 4. Office supplies 1106 .670 GST receivable 1105 .67 Cash at bank 1100 352 Accounts payable 2200 385 (Office supplies purchased) 5. Tat Chiang, drawings 3301 21000 Cash at bank 1100 21000 (Drawings by owner) 6. Salaries expense 5500 26480 Salaries payable 2201 350 Cash at bank 1100 26830 (Salaries paid) 7. Advertising expense 5504 2820 GST receivable 1105 282 Accounts payable 2200 .3102 (Purchase of advertising) 8. Electricity expense 5503 3020 GST receivable 1105 302 Cash at bank 1100 3322 (Payments for electricity) 9. Accounts payable 2200 2420 Cash at bank 1100 2420 (Payment to creditors) 10 10. GST payable 2203 .7660 .GST receivable 1105 2020 Cash at bank 1100 .5640 (GST paid to government)