Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST. Note: Any available cash discount is taken only on the sale price before taxes. Aug. 1 Purchased $1,400 of merchandise for cash. 2 Purchased $6,200 of merchandise; terms 3/10, n/30. 5 Sold merchandise costing $3,000 for $4,600; terms 2/10, n/30. 12 Paid for the merchandise purchased on August 2. 15 Collected the amount owing from the customer of August 5. 17 Purchased $5,400 of merchandise; terms n/15. 19 Recorded $6,400 of cash sales (cost of sales $5,200).. View transaction list Journal entry worksheet < 2 3 4 5 6 7 8 9 Record the credit purchase; terms 3/10, n/30.