Riviera Interior Design had the following transactions for the year ended 30 June 2020: This business is registered for GST 1 July 2019 Created a provision for warranties for $7,600. None had previously existed. 1 April 2020 Agreed to accept a 90-day (due date fixed) bill of exchange from CBD Wholesalers in relation to an overdue account payable of $8,700, together with interest at 5% per year. 30 May Riviera Interior Design pays the bill payable to Zed Manufacturers. 2020
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