For each of the following transactions, identify whether GST is impacted, the journal that would be used to process the transaction and which subsidiary ledger will be impacted. If no ledger is impacted slect "N/A".

A selection must be made from each dropdown menu.

Transaction	GST Y/N	Journal	Subsidiary Ledger
Owner invested cash to start the business	AnswerNY	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Bought inventory using cash	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Business earned revenue which client agreed to pay in 3 weeks	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Business collected cash on account	AnswerNY	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Purchased office furniture on credit	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Paid cash for supplies that are to be used in the future	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Provided service on account	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	AnswerAccounts ReceivableAccounts PayableN/A
Sold inventory for cash	AnswerYN	AnswerSales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal	Answer