Darren referred Botanical Nurseries Inc. (BNI) to your firm following the retirement of its accountant. BNI operates several garden centers in Saskatchewan. Given the seasonal nature of its business, BNI also has physical and online stores from which it sells home dcor. BNIs financial statements are prepared in accordance with IFRS.

Gloria Paynter, BNIs general manager, has asked for assistance with the following transactions:

• On April 1, 2021, BNI purchased inventory with a cost $196,000, signing a 1 year note payable to the supplier. Interest is charged on the note at a rate of 3% per annum and is due monthly with the first interest payment due May 1. The supplier required that the GST of 5% and PST of 6% of the purchase price be paid in cash. BNI has a PERPETUAL inventory system.
• On April 15, BNI remitted CPP of $1,635, EI of $1,137 and employee income taxes of $7,125 to the Receiver General for January 1 to March 31. The CPP and EI amounts include the employee withholdings and BNIs required contributions.

Gloria has requested that you prepare the journal entries (in good form) for April 1 to 30, inclusive ONLY. You plan to date the journal entries, provide detailed supporting calculations and round all amounts to the nearest dollar (8 marks).