Assignment 5 - Chapter 7,8 Comm 204-Spring 2020 Question 3 1. During the month of March, Vancouver Industries purchased office supplies on account for $8,000 and paid GST of 5%. 2. Vancouver Industries has pre-tax sales on account of $52,000 during March 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. DATE ACCOUNT DEBIT CREDIT CREDIT