Following are the information on some transactions of Saint-Germain Ltd. in Paris, France, in 2019 (currency in EU euro, ):

A : Pre-tax cash sales on April 2 totaled 256,000. The VAT rate is 20%.

B : The annual property tax bill for 2019 of 12,000 is received on May 1. The property tax is paid in full on June 30 and is to be adjusted for accrued expense at year end. Saint-Germain has a calendar year end for its accounting and records adjusting entries annually.

C : Saint-Germains gross salary amounts to 10,000 for the week ended July 11. Amounts deducted from the employees salaries are pension contribution of 495, employment insurance of 178, income tax of 3,465, and health insurance of 950. On July 11, cash is paid to the employees, less the payroll deduction amounts withheld.

D : Accrued interest on December 31 (the companys yearend) for a three-month, 6%, 10,000 bank loan effective December 1. Interest is payable on the first of each month.

E : In November 2019, a customer sued Saint-Germain for 10,000. Discussions with legal counsel reveal that the claim is without merit and that it is unlikely that damages will be awarded to the plaintiff.

Instructions: Prepare the journal entries for Saint-Germain to record the transactions above.