Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Journalize the transactions for July given below. C. Journalize the transactions for July given below. The rate for HST is 13 percent 2019 July 2

image text in transcribed

Journalize the transactions for July given below.

C. Journalize the transactions for July given below. The rate for HST is 13 percent 2019 July 2 Cash Sales Slip To W.J. Thomson for services sold for $3000 plus HST. 6 Purchase Invoice From Tom's Equipment Co. for equipment purchased on account $3000 plus HST. 10 Cheque Copy For this month's wages $1200. 11 Cheque Copy To Rosewell Investments for the rent for the month, $2600 plus HST. 12 Sales Invoice To Relay Enterprises for services sold on account for $4000 plus HST. 15 Purchase invoice From Esso, for gas used in the business automobile, $92.50 plus HST. 18 Memorandum (Memo) From the owner, stating that he withdrew $5000 cash to purchase a new car. 20 Bank Credit Advice/Memo Stating receipt of $250 from the bank. 30 Cash Receipt Received from Relay Enterprises, in full payment of the account balance. 31 Sales Invoice To L. Pero for services sold on account for $8500 plus HST

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions