Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST. Note: Any available cash discount is taken only on the sale price before taxes. Aug. 1 Purchased $2,100 of merchandise for cash. 2 Purchased $6,900 of merchandise; terms 3/10, n/30. 5 Sold merchandise costing $3,700 for $5,300; terms 2/10, n/30. 12 Paid for the merchandise purchased on August 2. 15 Collected the amount owing from the customer of August 5. 17 Purchased $6,100 of merchandise; terms n/15. 19 Recorded $7,100 of cash sales (cost of sales $5,900).

Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST. June (1) Purchased $2,000 of merchandise; terms 1/10, n/30. (5) Sold $ 1,000 of merchandise for $1,400; terms n/15. Please answers in Journal entry worksheet

Merchandise costing $714 is sold for $1,234 on terms 2/10, n/30. If the buyer pays within the discount period, When collection of cash within the 10 days, the debit to Cash will be $

Journalize each of the transactions In assuming a perlodic inventory system and PST at 7% along with 5% GST. Note: Any avallable cash discount is taken only on the sale price before taxes. Aug. 1 Purchased $2, 000 of merchandise for cash. 2 Purchased $6,800 of merchandise; terms 2/18, n/30. 5 Sold merchandise costing $3,690 for $5,200; terms 1/18, n/30. 12 Paid for the merchandise purchased on August 2. 15 Collected the amount owing from the customer of August 5. 17 Purchased $6,009 of merchandise; terms n/15. 19 Recorded $7,800 of cash sales (cost of sales $5,800). View transaction list Journal entry worksheet 3 4 5 6 7 > 1 2 Record the cash purchase. Note: Enter debits before credits. Date General Journal Debit Credit Aug. 01