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Make general journal entries to record the following transactions of Johnson Products for a two-month period July 31 Recorded cash sales of $140,000 for the

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Make general journal entries to record the following transactions of Johnson Products for a two-month period July 31 Recorded cash sales of $140,000 for the month, plus PST of 8 percent collected on behalf of the province of Manitoba and GST of 5 percent Record the two taxes in separate accounts Aug 6 Sent July PST and GST to appropriate authorities (Minister of Finance for PST and Receiver General for GST). Assume no GST input tax credits Make general journal entries to record the following transactions of Johnson Products July 31. Recorded cash sales of $140.000 for the month plus PST of 8 percent collected on behalf of the province of Manitoba and GST of 5 percent Record the two taxes in separate accounts (Record debits credits. Exclude explanations from journal entries.) General Journal Date Accounts Debit Credit Aug 6 Sent July PST and GST to appropriate authorities (Minister of Finance for PST and Receiver General for GST) Assume no GST input tax credits General Journal Date Accounts Debit Credit

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