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5) Prepare the general journal entries for the following retail sales and purchases of J. Lam Sporting Goods Ltd. a) Sold goods for $100
5) Prepare the general journal entries for the following retail sales and purchases of J. Lam Sporting Goods Ltd. a) Sold goods for $100 to R. Ranni for cash, HST 13% is applied, Cash sales slip #205 b) Sold goods to C. Wang for $300 with HST 13%, on account, Invoice #295 c) Sold goods on account to J.Slogo on account for $500, HST 13% is applied, Invoice number #298 d) Sold goods for cash to J. Myles totaling $339.25, including the HST of $44.25. Cash sales slip #299 e) Bought $2000 worth of equipment, plus HST 13% using cash f) Bought $150 of pizzas for a surprise lunch for employees, plus HST g) Bought a new $2500 office laptop, plus HSt on account from Business Depot. Use today's date for all transactions) Include explanations Omit PR numbers
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