Joumalize each of the transactions in assuming a periodic Inventory system and PST at 7% along with 5% GST. Note: Any available cash discount is taken only on the sale price before taxes. Aug. 1 Purchased $1,900 of merchandise for cash. 2 Purchased $6,700 of merchandise; terms 1/10, 1/30. 5 Sold serchandise casting $3,500 for $5,100; terms 3/10, 1/30. 12 Paid for the merchandise purchased on August 2 15 Collected the amount owing from the customer of August 5. 17 Purchased $5.900 of merchandise; terms 1/15 19 Recorded $6,900 of cash sales (cost of sales $5,700) View transaction list Journal entry worksheet