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Greation Company buys and home appliances and uses the perpetual inventory system. The company has a year end of December 31. Asume 3 HST on

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Greation Company buys and home appliances and uses the perpetual inventory system. The company has a year end of December 31. Asume 3 HST on all purchase and actions During the company had the following transactions Purchased cum cleaners worth 552,000 from W Wholesale by one year ate payable interest is to be accrued on Decembert and paket mitt Feb 4 Sold vacuum Cleaners for $35.000 cash, which includes a year warranty Gratib bought the vacuum cleaner for 20.000 Feb 4 corded $19.000 ot estimated warranty by for the year Feb 15, Paid the amount owing to W Wholesalers including credit My Reci 2. I paid exactly Mer 15 days and for the May and the utilities bill which was received on May Received including 160 HD for the sale or vacuum clean which cost the com the delivery to be made on August Aug 31 Delivered the vacuum cleaned for on July 1 Prepare journal entries to record the above transactions Rangtenter dollars at comes in the income Bound you to the nearest whole number For transaction the more than a debitor credit te the accountsin alohabeticaordet Date Account Title and Explanation Debit Credit 4 Jan 15 To record purchase of vacuum cleaners Feb 4 . To record cash sales Feb 4 To record costs of goods sold Feb 4 e To record estimated warranty liability Feb 15 e e To record payment to V Wholesalers May 8 e 4 To record utilities expense To record utilities expense May 23 To record payment of accounts payable Jul 11 07 To record the deposit of vacuum cleaners sale Aug 31 . . To record delivery of vacuum cleaners Aug 31 To record costs of goods sold

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