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Freddy Furniture sold goods to Sia Wang on credit at a price of $8,200 excluding...

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Accounting

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Freddy Furniture sold goods to Sia Wang on credit at a price of $8,200 excluding GST. What is the correct accounting entry to record this transaction in Freddy Furniture's books? Debit accounts receivable $9,020; credit Sales $8,200; credit GST $820. Debit Accounts receivable $8,200: credit Sales $8,200. Debit Accounts receivable $9,020; credit Sales $9,020. Debit Accounts receivable $8,200; debit GST $820; credit Sales $9,020. At 30 June 2023, the board of directors of Stargaze Ltd declared a final dividend of 10c per share on 60 000 ordinary shares. The dividend was paid in August 2023. The correct general journal entry to record the payment of the dividend is: DR Final dividend payable $6000; CR Bank $6000 DR Retained earnings $6000; CR Final dividend payable $6000 DR Retained earnings $6000; CR Bank $6000 DR Bank $6000; CR Final dividend payable $6000

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