Transactions from early January 2022
2	Purchased 8 units Mieca camera lenses from Moon Megasystems at $1,298 each (includes 10% GST), Purchase #305, Supplier Inv#670. Issued Cheque No. 4102 for $6,000 to this supplier for this particular invoice at the time of the purchase.
2	Obtained a loan of $18,000 from Uncle Philip (a family relative of Baptista Chadwick) at a simple interest rate of 8% per year, Cheque No. 186, ID #CR000001. The principal and interest on the loan are payable in six months time.
3	Received Cheque No. 235 from Jerry Technology for the full amount outstanding on their account, ID #CR000002.
3	Issued Cheque No. 4104 for $1,540 (includes 10% GST) to Discount Office Supplies for the cash purchase of office supplies.
4	Issued Cheque No. 4105 for $9,196 to Big Telco in payment of Purchase #302 (Supplier Inv#251).
5	Sold the following items on credit to Handys Electronics, Invoice #3386: 3 units DK800 desktop computers for $2,420 each (includes 10% GST) 5 units Tony ZIO MLP projectors for $1,870 each (includes 10% GST). $8,100 was received immediately, Cheque No. 620, with the rest due to be received during the last week of the month. Note that MYOB automatically assigns ID #CR000003 to this cash receipt.

After you have finished recording the above transactions in MYOB, Baptista asks you to use the MYOB Bank Register to find out about the current balance of the Undeposited Funds account. He also tells you that he has additional questions for you to answer about your use of MYOB.

Instructions

Use MYOB to record the above transactions for Tech Head.

Answer all of the questions about MYOB that Baptista asks below.

Questions on MYOB

(Q=212.Q.M.EJ.P1.Q1)

After you have recorded the given transactions in MYOB, Baptista asks you to perform the following steps to open the Bank Register window for Undeposited Funds. Then in the input box below, enter the balance that is shown at the top right corner of the Bank Register window.

From the main command centre window, click the Banking icon to open the Banking Command Centre.

In the flowchart section for that command centre, click Bank Register.

In the Bank Register window that appears, in the Account field at the top left of this window, select Undeposited Funds.

Complete the field below using the running balance that is shown at the top right of the Bank Register window that appears after the above steps are performed.

Account:	1-1180 (Undeposited Funds)
Balance:	$