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On September 15, Mac's Machinery sold inventory on account with a sales price of $72,000. The purchaser would use the equipment in their business.
On September 15, Mac's Machinery sold inventory on account with a sales price of $72,000. The purchaser would use the equipment in their business. Journalize the Mac's Machinery transaction on September 15 including GST assuming the business is located in Saskatchewan (GST-5%, PST-6%). Ignore the COGS/inventory adjustment entry.
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
