1. During the month of April, Sallys Bakeware had cash sales of $325,000 and charged GST on top of the sales price to her customers. In addition, during the month, Sallys Bakeware purchased inventory on account for $262,500, including GST.On May 5, Sally remitted (paid) the GST owing to the Canada Revenue Agency.

Required: Prepare the journal entries to record the above transactions. Explanations are not required.