Royces Communication Sales Co. began operating in August. Royces offers no discounts (all terms are net 30
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Royce’s Communication Sales Co. began operating in August. Royce’s offers no discounts (all terms are net 30 days), and 8% PST and 5% GST is charged on all sales. The following transactions occurred in August:
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a. Journalize, record, and post as appropriate.
b. Prepare a schedule of accounts receivable for the end of August.
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ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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