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1. During the month of June, Flower Power Inc. purchased office supplies on account for $87,500 and paid GST of 5%. 2. Flower Power has

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1. During the month of June, Flower Power Inc. purchased office supplies on account for $87,500 and paid GST of 5%. 2. Flower Power has pre-tax, cash sales of $148,500 during June and collected GST of 5% 3. At the end of August, the company remitted (paid) the GST paid and collected to the Canada Revenue Agency Required Prepare the journal entries to record the above transactions. Explanations are not required

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