162) A business sells an item for$980 on acount. Assuming that HST of 13% is added to this price, give the journal entry GENERAL JOURNAL DATE PARTICULARS CREDIT DEBIT 63) Jean Lee, owner of Executive Enterprises, prepared her income statement for the month of May. NCOME STATEMENT JANUARY 31, 20- JEAN LEE, OWNER Receipts Cash Sales Bank Loan $12 650 3 000 $15 650 Total Revenue Payments Jean Lee, Salary Office Supplies Expense Wages Expense Truck Purchased Utilities Expense Rent Expense Miscellaneous Expense $3 000 1 200 2600 4 000 750 700 857 13 107 2 543 Total Expenses Net Loss Prepare a list of all the errors that you can find in Lee's income statement, and indicate why each is an error