General Journal General Journal Using the information availa

Using the information available please complete the journal entries below ( please use perpetual inventory and GST should be included where applicable): Year Month Day Particulars Debit Credit 3.500 20X7 Payment of Electricity Bill 4,100 Cash received from a credit customer 3,410 Cash Sale of goods marked up 100% on cast 10 2,500 Cash withdrawal by owner 750 Cash payment to a credit supplier 12 2.420 Purchase supplies on credit 20 75 Bank Fees paid (no GST)

Solution

June

3 Electricity bill a/c . Dr.

To. Cash. a/c. Cr

5 . Cash . a/c. Dr.

To. Debtor a/c. Cr.

7. Cash a/c . Dr.

To sales Cr.

10 . Drawing a/c. Dr.

To cash a/c .cr

11. Creditor/supplier. a/c. Dr.

To. Cash a/c. Cr.

12 . Purchase a/c . Dr.

To supplier a/c . Cr.

20 . Bank fees . a/c. Dr.

To cash a/c. Cr.