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external user? Why? C1BB Alternate Boblems Question 4: 1. Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along
external user? Why? C1BB Alternate Boblems Question 4: 1. Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST* any available discount is taken only on the sale price before taxes. Sept. 2 Recorded $9.000 of cash sales (cost of sales $6,200). 3 Purchased $11.000 of merchandise inventory for cash 7 Purchased $6,500 of merchandise terms 1/10, 1/45. 8 Sold merchandise costing $13.200 for $16.200; terms 2/10,n/30 17 Paid for the merchandise purchased on September 7. 18 Collected the amount owing from the customer of September 8. 2. Journalize each of the transactions assuming a period inventory system and PST 8% along with 5% GST
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