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Accounting question 1 of 10 (0 complete) HW Score: 0%, 0 of 10 pts Exercise 11-4 (similar to) Question Help Make general journal entries to

Accounting question

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1 of 10 (0 complete) HW Score: 0%, 0 of 10 pts Exercise 11-4 (similar to) Question Help Make general journal entries to record the following transactions of Dunfield Products for a two-month period: Aug Recorded cash sales of $120,000 for the month, plus PST of 8 percent collected on behalf of the province of Manitoba and GST of 5 percent. Record the two taxes in separate accounts. Sept Sent August PST and GST to appropriate authorities (Minister of Finance for PST and Receiver General for GST). Assume no GST input tax credits. Make general journal entries to record the following transactions of Dunfield Products. Aug 31. Recorded cash sales of $120,000 for the month, plus PST of 8 percent collected on behalf of the province of Manitoba and GST of 5 percent. Record the two taxes in separate accounts. (Record debits first, then credits. Exclude explanations from journal entries.) General Journal Date Accounts Debit Credit Aug Accounts Payable Accounts Receivable Cash Equipment GST Payable Land Note Payable Sales Revenue Choose from an Sales Tax Payable and then click Check Answer. part Clear All Check Answer remaining 7:08 PM Type here to search O 10 ( 1 ENG 2020-05-30

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