18 of 21 < > Gun Pompemrog -/11 E Bridgeport Corp. operates in the province of Ontario and sells merchandise on which HST must be charged at a rate of 13%. Bridgeport uses a perpetual inventory system and has a calendar year end. Transactions for the business for the month of March are shown below: Mar. 1 4 5 Received an order from Franz Madolf for a specialty item not in stock. Due to the cost and nature of the item, Bridgeport required Madolf to pay $600 in advance of the sale. Received $600 cash from Madolf toward the order placed on March 1. Sold merchandise on account and shipped merchandise to Metlock, Inc. for $22,000, plus HST with terms n/30, FOB shipping point. This merchandise cost Bridgeport Corp. $11,400. 30 Collected amount owing from Metlock. Prepare the journal entries to record the March transactions of Bridgeport Corp. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation 902 D R Search or type URL G Debit V B N U Credit (To record sales and sales tax payable) D (To record cost of goods sold) R Search or type URL H 0 V BN M 750 command Question 18 of 21 < > -/11 E Repeat part (a) assuming that Bridgeport now operates in the province of British Columbia where PST is charged at the rate of 7 and GST is at the rate of 5%. Also assume that Bridgeport has a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O fou the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation 3 (To record sales and sales taxes.) 18 W E R S D Coromand 5 Search or type URL G H Debit U 8 C V B N M K Credit H Comitand P A Question 18 of 21 < > -/11 E S 3 (To record sales and sales taxes.) (To record cost of goods sold.) Search or type URL G X 0 B N4 M 2